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Financial statement data of Exotic Travel Magazine include the following items: [Click the icon to...

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Financial statement data of Exotic Travel Magazine include the following items: [Click the icon to view the data.) Read the reguirements. Requirement 1. Compute Exotic Travers current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places Data table Transactions a. Purchased merchandise inventory of $49,000 on account. b. Borrowed $122,000 on a long-term note payable. c. Issued 6,000 shares of common stock, receiving cash of $106,000. d. Received cash on account, $2,000

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