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PLEASE DO ALL REQUIREMENTS Financial statement data of Great and Engineering include the following items (click the icon to view the financial statement data) Read

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Financial statement data of Great and Engineering include the following items (click the icon to view the financial statement data) Read the recoment Requirement 1. Calculate Greatland's current ratio, debt ratio, and comings per share. Round all ratios to two decimal places Start by determining the formula for each roto, beginning with the current ratio, followed by the debt rute, and the carrings per share. Current ratio Requirements 1. Calouste Growland's current rate, trio, and carings per Round roost two decimal places 2. Calculate the free rution atter evaluating the effect of each transaction that flows Consider each transaction separately a Borrowed 5105.000 on a long-term not payable b. On January 1, od 40,000 shares of common stock, receiving cho $360,000 c. Paid off short-term notes payable, 528,000 d. Purchased $43.000 of merchandise on account debiting Inventory Received cash on account, 517,000 Print Done Choose from any drop-down list and then click Check Answer LIVRAE Wer CH 8 parte remaining i Data Table Cash Short-term investments Accounts receivable, net $ 107,000 32,000 163,000 34,000 99,000 e 26,000 Accounts payable 36,000 Accrued liabilities 85,000 Long-term notes payable 147,000 Other long-term liabilities 6,000 Net income 677,000 Number of common 49,000 shares outstanding Inventories Prepaid expenses Total assets Short-term notes payable ble 46,000 pr Print Done ht TOOTV IT OUDOUTE VITTUU

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