Part 1 of 9 HW Score: 50.47%, 24 73 of 49 points Points: 5.63 of 15 Financial statement data of Metro Engineering Limited include the following items: (Click the icon to view the financial statement data.) Required Requirement 1. Compute Metro's current ratio, debt ratio, and earnings per share. Use dollar and share amounts in thousands except for EPS. Start by determining the formula for each ratio, beginning with the current ratio, followed by the debt ratio, and then earnings per share. Current ratio Data table Cash $ 46,500 Accounts payable $ 140.500 Short-term investments 22.000 Accrued liabilities 49.500 Accounts receivable net 145,000 100,500 Long-term notes payable 274.000 Other long-term liabilities Inventories 79.500 Prepaid expenses 12,500 Net income 104,000 Total assets 931000: Number of common 73,500 Short-term notes payable 22,500 shares outstanding Print Done Requirements dol 1. Compute Metro's current ratio, debit ratio, and earnings per share. Use dollar and share amounts in thousands except for EPS 2. Compute the three ratios after evaluating the efect of each transaction that follows Consider each transaction separately a. Borrowed $26.500 on a long-term note payable b. issued 11,500 common shares, receiving cash of $108.000 c. Paid short-term notes payable, $50.500 d. Purchased merchandise of $48.500 on account debiting Inventory e. Received cash on account, 55,700 Print Done