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Financial statement data of Greatland Engineering include the following items (Click the icon to view the financial statement data) Read the requirements Requirement 1. Calculate Greatland's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places. Start by determining the formula for each ratio, beginning with the current ratio, followed by the debt ratio, and then earnings per share. Current assets Current liabilities Current ratio Total liabilities Total assets Debt ratio Preferred dividends ) - Net income Common shares outstanding - Earnings per share Now compute Greatland's current ratio, debt ratio, and earnings per share (Round all ratios to two decimal places.) Current ratio Debt ratio Earnings per share Data tabl Cash Short-tern Accounts Inventore Prepaid Total ass - Data table Cash $ $ 107,000 32,000 Short-term investments Accounts receivable, net 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 163,000 34,000 Inventories 99,000 Prepaid expenses Total assets 46,000 Short-term notes payable Requirement 2. Compute the three ratios after evaluating the effect of each transaction that follows. Consider each transaction separately (Round all ratios to two decimal places.) Current ratio Debt ratio Earnings per share b. d. Financial statement data of Greatland Engineering include the following items (Click the icon to view the financial statement data) Read the requirements Requirement 1. Calculate Greatland's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places. Start by determining the formula for each ratio, beginning with the current ratio, followed by the debt ratio, and then earnings per share. Current assets Current liabilities Current ratio Total liabilities Total assets Debt ratio Preferred dividends ) - Net income Common shares outstanding - Earnings per share Now compute Greatland's current ratio, debt ratio, and earnings per share (Round all ratios to two decimal places.) Current ratio Debt ratio Earnings per share Data tabl Cash Short-tern Accounts Inventore Prepaid Total ass - Data table Cash $ $ 107,000 32,000 Short-term investments Accounts receivable, net 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 163,000 34,000 Inventories 99,000 Prepaid expenses Total assets 46,000 Short-term notes payable Requirement 2. Compute the three ratios after evaluating the effect of each transaction that follows. Consider each transaction separately (Round all ratios to two decimal places.) Current ratio Debt ratio Earnings per share b. d