Score: 0.28 of 1 pt Xs) P15-30A (similar to) Financial statement data of Road Trip Magazine include the following items 4 of 5 (5 complete) HW Score: 78.5%, 3.92 of 5 pts Question Help * Data Table (Click the icon to view the data.) Requirements Cash Accounts Receivable, Net Merchandise Inventory Total Assets Accounts Payable Accrued Liabilities Short-term Notes Payable Long-term Liabilities Net Income Common Shares Outstanding 19,000 81,000 187,000 640.000 103,000 37,000 46.000 221,000 71,000 30,000 Read the requirements. 1. Compute Road Trip's current ratio, debt ratio, and earnings per share. Round all ratios to Total current assets / Total current liabilities Current ratio Debt ratio Earnings per Share(Net income - Preferred dividends) Weighted a Now, compute Road Trip's current ratio, debt ratio, and eamings per share e two decimal places. Total liabilities / Total assets 2. Compute the three ratios after evaluating the effect of each transaction that follows. = Consider each transaction separately a. Purchased merchandise inventory of $45,000 on account. b. Borrowed $124,000 on a long-term note payable c. Issued 3,000 shares of common stock, receiving cash of $108,000 d. Received cash on account, S7,000 Current Ratio Debt Ratio Earnings per Share 1.54 0.64 $ 2.37 Requirement 2. Compute the three ratios after evaluating the effects of eac (Click on the icon to view the transactions.) Print Done Print Done Current Ratio Debt Ratio Eamings per Share 1.90 1.54 Enter any number in the edit fields and then click Check Answer. Clear A Check Answer remaining 6:24 PM