Cash. $.............................$ $$21,000$ Accounts receivable, net. $...........$ $$82,500$ Inventories. $.......................$ $$154,900$ Total assets. $.......................$ $$570,000$ Short$-$term notes payable. $...........$ $$48,500$ Accounts payable. $.................$ $$98,000$ Accrued liabilities. $.................$ $$43,500$ Long$-$term liabilities. $...............$ $$174,800$ Net income. $.......................$ $$65,520$ Common shares outstanding. $.......52,000$ Question content area top Part $1$ Financial statement data of Road Trip magazine include the following items$($dollars in$$ thousands$)$: LOADING...$($Click the icon to view the financial statement$$ data.$)$ Requirements $1.$ Compute Road Trip$\text{'}$s current$$ ratio, debt$$ ratio, and earnings per share. Round all ratios to two decimal places. $2.$ Compute the three ratios after evaluating the effect of each transaction that follows. Consider each transaction separately. a$.$ Purchased inventory on$$ account, $ $38$ comma $000$ b$.$ Borrowed $ $190$ comma $000$ on a$$ long$-$term note payable c$.$ Issued $6$ comma $500$ shares of common$$ stock, receiving cash of $ $159$ comma $600$ d$.$ Received cash on$$ account, $ $19$ comma $000$ Question content area bottom Part $1$ Requirement $1.$ Compute Road Trip$\text{'}$s current$$ ratio, debt$$ ratio, and earnings per share. Round all ratios to two decimal places. Current Ratio Debt Ratio Earnings per Share Part $2$ Requirement $2.$ Compute the three ratios after evaluating the effect of each transaction that follows. Consider each transaction separately. a$.$ Purchased inventory on$$ account, $ $38$ comma $000($Round your answers to two decimal$$ places.$)$ Current Ratio Debt Ratio Earnings per Share Part $3$ b$.$ Borrowed $ $190$ comma $000$ on a$$ long$-$term note payable. $($Round your answers to two decimal$$ places.$)$ Current Ratio Debt Ratio Earnings per Share Part $4$ c$.$ Issued $6$ comma $500$ shares of common$$ stock, receiving cash of $ $159$ comma $600.($Round your answers to two decimal$$ places.$)$ Current Ratio Debt Ratio Earnings per Share Part $5$ d$.$ Received cash on$$ account, $ $19$ comma $000.($Round your answers to two decimal$$ places.$)$ Current Ratio Debt Ratio Earnings per Share