Financial statement data of Style Traveler Magazine include the following items: (Click the icon to view the data.) Read the requirements. Requirement 1. Compute Style Traveler's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places. Begin by selecting the formula for each ratio. Current ratio Debt ratio Earnings per Share = Total current assets + Total current liabilities = Total liabilities + Total assets = (Net income - Preferred dividends) + Weighted average number of common shares outstanding Now, compute Style Traveler's current ratio, debt ratio, and earnings per share. (Round all ratios to two decimal places, X.XX.) Current Ratio Debt Ratio Earnings per Share 1.55 0.65 1.80 Requirement 2. Compute the three ratios after evaluating the effects of each transaction. Consider each transaction separately. (Round all ratios to two decimal places, X.XX.) (Click on the icon to view the transactions.) Current Ratio a. b. C. d. Debt Ratio Earnings per Share Data Table Cash 19,000 Accounts Receivable, Net 83,000 Merchandise Inventory 187,000 Total Assets 635,000 Accounts Payable 98,000 Accrued Liabilities 37,000 Short-term Notes Payable 51,000 Long-term Liabilities 226,000 Net Income 72,000 Common Shares Outstanding 40,000 shares Print Done