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Requirement 1. Compute Modern Traveler's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places. Begin by selecting the formula

Requirement 1. Compute

Modern Traveler's

current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places.

Begin by selecting the formula for each ratio.

Current ratio

=

Debt ratio

=

Earnings per Share

=

Now, compute

Modern Traveler's

current ratio, debt ratio, and earnings per share. (Round all ratios to two decimal places, X.XX.)

Current Ratio

Debt Ratio

Earnings per Share

Requirement 2. Compute the three ratios after evaluating the effects of each transaction. Consider each transaction

separately.

(Round all ratios to two decimal places, X.XX.)

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Current Ratio

Debt Ratio

Earnings per Share

a.

b.

image text in transcribed
4 of 4 (0 complete) i Data Table Maga: $ T's currer Cash Accounts Receivable, Net Merchandise Inventory Total Assets Hecimal pl io. Accounts Payable Accrued Liabilities Short-term Notes Payable Long-term Liabilities Net Income Common Shares Outstanding 24,000 80,000 189,000 639,000 104,000 41,000 49,000 227,000 71,000 40,000 shares bes, XXX.) ratio, debt Ea aber in the Print Done Dr Slaa 1

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