Financial statement data of Yankee Traveler Magazine include the following items: (Click the icon to view the data.) Read the requirements. Requirement 1. Compute Yankee 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 azine include the following it Data table -X Cash 25,000 Accounts Receivable, Net 80,000 Merchandise Inventory 189,000 ent ratio, debt ratio, and ear Total Assets 637,000 Accounts Payable 98,000 Accrued Liabilities 37.000 Short-term Notes Payable 47.000 Long-term Liabilities 225,000 Net Income 72.000 Common Shares Outstanding 70.000 shares Requirements 1. Compute Yankee 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 a. Purchased merchandise inventory of $43,000 on account. b. Borrowed $122,000 on a long-term note payable. c. Issued 7,000 shares of common stock, receiving cash of $108,000. d. Received cash on account, $4,000 Print Done -X