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PLEASE ANSWER ASAP Financial statement data of Off Road Travel magazine include the following items (dollars in thousands): (Click the icon to view the financial

PLEASE ANSWER ASAP

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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. a. Purchased inventory on account, $97,500 b. Borrowed $189,000 on a long-term note payable C. Issued 6,500 shares of common stock, receiving cash of $138,600 d. Received cash on account, $22,000 $ 20,000 84,500 $ Cash ...... Accounts receivable, net Inventories Total assets..... Short-term notes payable... Accounts payable Accrued liabilities Long-term liabilities Net income.... Common shares outstanding $ 142,100 $ 630,000 $ 47,000 $ 106,000 $ 27,000 $ 204,300 $ 65,520 52,000 Requirement 1. Compute Off Road Travel'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, $97,500 (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share b. Borrowed $189,000 on a long-term note payable. (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share b. Borrowed $189,000 on a long-term note payable. (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share c. Issued 6,500 shares of common stock, receiving cash of $138,600. (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share d. Received cash on account, $22,000. (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share

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