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Round all ratios to two decimal places. ollows i Data Table - Cash $ 21,000 Accounts receivable, net per Inventories $ 82,500 $ 154,900 $

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Round all ratios to two decimal places. ollows i Data Table - Cash $ 21,000 Accounts receivable, net per Inventories $ 82,500 $ 154,900 $ 570,000 ... $ 48,500 Total assets ... .. Short-term notes payable action Accounts payable 98,000 place $ $ Accrued liabilities Long-term liabilities $ 43,500 .... $ 174,800 $ 63,180 ... Net income Common shares outstanding lecim 54,000 Print Done anshroom UCOTTO PICO 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 Purchased inventory on account, $38,000 Borrowed $190,000 on a long-term note payable Issued 6,750 shares of common stock, receiving cash of $159,600 d. Received cash on account, $22,500 a. b. c. 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, $38,000 (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share b. Borrowed $190,000 on a long-term note payable. (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share c. Issued 6,750 shares of common stock, receiving cash of $159,600. (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share d. Received cash on account, $22,500. (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share und nathan mantinin in the next cuestion

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