Question: 1 pt 1 of 4 Transactions incial statement data of Style Traveler Magazine (Click the icon to view the data.) ad the requirements urrent ratio ebt ratio Earnings per Share = Total current assets/Tota Total liabilities/Total ass = (Net Income - Preferred a. Purchased merchandise inventory of $47,000 on account b. Borrowed $124,000 on a long-term note payable. c. Issued 2,000 shares of common stock, receiving cash of $105,000 d. Received cash on account, $2,000. Now, compute Style Traveler's current ratio, debt ra Print Done Current Ratio Debt Ratio EL 1.50 .63 3.7 Requirement 2. Compute the three ratios after evaluating the effects of each transaction. Consider each transaction separately (Round all ratios to places, XXX.) (Click on the loon to view the transactions.) Current Ratio Debt Ratio Earnings per Share a. b. G d. Choose from any list or enter any number in the input fields and then continue to the next question Save for Later MacBook Air FO 000 A ** $ % 5 on 8 0 6 9 4 R. Y 0 U T Question: 1 pt 1 of 4 Transactions incial statement data of Style Traveler Magazine (Click the icon to view the data.) ad the requirements urrent ratio ebt ratio Earnings per Share = Total current assets/Tota Total liabilities/Total ass = (Net Income - Preferred a. Purchased merchandise inventory of $47,000 on account b. Borrowed $124,000 on a long-term note payable. c. Issued 2,000 shares of common stock, receiving cash of $105,000 d. Received cash on account, $2,000. Now, compute Style Traveler's current ratio, debt ra Print Done Current Ratio Debt Ratio EL 1.50 .63 3.7 Requirement 2. Compute the three ratios after evaluating the effects of each transaction. Consider each transaction separately (Round all ratios to places, XXX.) (Click on the loon to view the transactions.) Current Ratio Debt Ratio Earnings per Share a. b. G d. Choose from any list or enter any number in the input fields and then continue to the next question Save for Later MacBook Air FO 000 A ** $ % 5 on 8 0 6 9 4 R. Y 0 U T