I need all of part 2

W P17-33B (similar to) Question Help Financial statement data of Road Trip Magazine include the following items: (Click the icon to view the data.) Read the requirements Requirement 1. Compute Road Trip'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 = Total current assets = Total current liabilities Debt ratio Total liabilities = Total assets Earnings per Share (Net income - Preferred dividends) = Weighted average number of common shares outstanding Now, compute Road Trip'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 Enter any number in the edit fields and then click Check Answer. ? 4 parts Clear All Check Answer remaining 1. Compute Road Trip'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 2,000 shares of common stock, receiving cash of $108,000. d. Received cash on account, $8,000. - X Data Table $ 18,000 80,000 Cash Accounts Receivable, Net Merchandise Inventory Total Assets Accounts Payable Accrued Liabilities Short-term Notes Payable Long-term Liabilities Net Income Common Shares Outstanding 186,000 639,000 103,000 37,000 46,000 221,000 73,000 20,000 shares Print Done