Financial statement data of Vermont Enterprises, inc, include the following items: ICick the icon to viow the financial stitement data) Riend the senurements Requirement 1. Compute Vemont Enterprises' current ratb, deb ratio, and earnings per share. Assume that the company has no preforred atock outstanding Round all ratios to two dechnx places. Suet by delermining the formyla for each ratio, beginning with the current raso, followod by the sobt ratio, and then earhicge per share. Data table 1. Compute Vermont Enterprises' current ratio, debt ratio, and earnings per share. Assume that the company has no preferred stock outstanding. Round all ratios to two decimal places. 2. Compute the same three ratios after evaluating the effect of each of the following independent transactions: a. Purchased merchandise of $38,500 on account, debiting Inventory. b. Issued 2,000 shares of common stock, receiving cash of $60,000. Use total shares outstanding at year's end instead of average shares outstanding. c. Borrowed $65,000 on a long-term note payable. d. Received cash on account, $15,000