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i really need help i Data Table - X Cash $ 21,000 Accounts receivable, net $ 82,500 Inventories $ 154,900 $ 570,000 Total assets Short-term
i really need help i Data Table - X Cash $ 21,000 Accounts receivable, net $ 82,500 Inventories $ 154,900 $ 570,000 Total assets Short-term notes payable Accounts payable $ 48,500 ... $ 98,000 $ 43,500 $ 174,800 Accrued liabilities Long-term liabilities Net income $ 63,180 .. Common shares outstanding 54,000 Print Dong wy oro uomTTO Pracowny Financial statement data of Off Road Travel magazine include the following items (dollars in thousands); Click the icon to view the financial statement data.) Requirements 1. Compute Off Road Travel'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, $38,000 Borrowed $190,000 on a long-term note payable Issued 6,750 shares of common stock, receiving cash of $159,600 Received cash on account, $22,500 a. b. c. d. Current Ratio 1.36 Requirement 1. Compute Of Road Travel's current ratio, debt ratio, and eamings per share. Round all ratios to two decimal places Debt Ratio Earnings per Share 1.17 Requirement 2. Compute the three ratios after evaluating the offect of each transaction that follows. Consider each transaction separately. a. Purchased inventory on account, $38,000 (Round your answers to two decimal places) Current Ratio Debt Ratio Earnings per Share b. Borrowed $190,000 on a long-term note payable. (Round your answers to two decimal places.) Earnings per Share Current Ratio Debt Ratio TA
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