Compute the three ratios after evaluating the effect of each transaction that follows.

Consider each transaction separately. (Round all ratios to two decimal places)

a. borrowed $130.000 on a long-term note payable.

b. on january 1, issued 40,000 shares of common stock, receiving cash of $368,000.

c. paid short-term notes payable, $24,000.

d purchased merchandise of $43,000 on account, debiting inventory.

e. received cash on account, $21,000.

additional info: data table

cash....23,000

accounts receivable, net...88,000

inventories...148,000

prepaid expenses...6,000

total assets...676,000

short-term investments..34,000

short-term notes payable...49,000

accounts payable...108,000

accrued liabilities...36,000

long-term notes payable...164,000

other long-term liabilities...31,000

net income...95,000

number of common shares outstanding...44,000