Financial statement data of Style Traveler magazine include the following items (dollars in thousands): E (Click the icon to view the financial statement data.) Requirements 1. Compute Style Traveler's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places. 2. Compute the three ratios after evaluating the effect of each transaction that follows. Consider each transaction separately. Purchased inventory on account, $48,000 b. Borrowed $210,000 on a long-term note payable Issued 7,250 shares of common stock, receiving cash of $176,400 d. Received cash on account, $19,000 a. C. - X Data Table Requirement 1. Compute Style Traveler's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places. Current Ratio Debt Ratio Earnings per Share Cash $ 23,500 79,000 197,800 630.000 Requirement 2. Compute the three ratios after evaluating the effect of each transaction that follows. Consider each transaction separately. a. Purchased inventory on account, $48,000 (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share 50,500 Accounts receivable, net $ Inventories $ Total assets. $ Short-term notes payable $ Accounts payable Accrued liabilities Long-term liabilities Net income. Common shares outstanding ........ 100,000 59,500 b. Borrowed $210,000 on a long-term note payable. (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share 193,200 78,300 58,000 c. Issued 7,250 shares of common stock, receiving cash of $176,400. (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share Print Done d. Received cash on account, $19,000. (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share