Financial statement data of Yankee Traveler magazine include the following items (dollars in Click the icon to view the financial statement data) 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 soparately Purchased inventory on account, $98,800 b. Borrowed $199,500 on a long-term note payable Issued 7,000 shares of common stock, receiving cash of $119,700 d. Received cash on account, $20,000 C. Data table Cash. $ 21,500 Accounts receivable, net $ .. 85,000 Inventories $ 155,700 Total assets. . . $ 598,500 $ Short-term noteis payable... Accounts payable 48,000 $ 104,000 Accrued liabilities $ 38,000 Long-term liabilities $ 169,100 Net income. ... $ 80,640 Common shares outstanding . 56,000 Financial statement data of Yankoo Traveler magazine include the following items (dollars in thousands): Requirement 1. Compute Yankee Traveler's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places. Current Ratio Debt Ratio Earnings per Share Requirement 2. Compute the three ratios after evaluating the effect of each transaction that follows. Consider each transaction separately. a. Purchased inventory on account, $98,800 (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share b. Borrowed $199,500 on a long-term note payable. (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share c. Issued 7,000 shares of common stock, receiving cash of $119,700. (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share d. Received cash on account, $20,000. (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share