Financial statement data of Off Road Traveler Magazine include the following items: (Click the icon...
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Financial statement data of Off Road Traveler Magazine include the following items: (Click the icon to view the data.) Read the recuirements Requirement 1. Compute Off Road Traveler's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places. Begin by selecting the formula for each ratio. Current ratio Debt ratio Earnings per Share = Now, compute Off Road Traveler's current ratio, debt ratio, and earnings per share. (Round all ratios to two decimal places, X.XX.) Current Ratio Debt Ratio Earnings per Share Requirement 2. Compute the three ratios after evaluating the effects of each transaction. Consider each transaction separately (Round all ratios to two decimal places, X.XX.) (Click on the icon to view the transactions.) Current Ratio Debt Ratio Earnings per Share a. b. c. d. Financial statement data of Off Road Traveler Magazine include the following items: (Click the icon to view the data.) Read the requirements. TRER Requirement 1. Compute Off Road Traveler's current ratio, debt ratio, and earnings Begin by selecting the formula for each ratio. Data Table Current ratio Debt ratio = Cash S 23,000 Earings per Share 78,000 Now, compute Off Road Traveler's current ratio, debt ratio, and earnings per share. (RO Current Ratio Debt Ratio Earnings per Share Requirement 2. Compute the three ratios after evaluating the effects of each transactie (Click on the icon to view the transactions.) Accounts Receivable, Net Merchandise Inventory Total Assets Accounts Payable Accrued Liabilities Short-term Notes Payable Long-term Liabilities Net Income Common Shares Outstanding 183,000 636,000 99,000 38,000 50,000 225,000 74,000 20.000 shares al places, X.XX.) ) Current Ratio Debt Ratio Earnings per Share a. b. C. d. Print Done Financial statement data of Off Road Traveler Magazine indude the following items: (Click the icon to view the data.) Read the requirements, Requirement 1. Compute Off Road Traveler's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places. Begin by selecting the formula for each ratio. Current ratio Debt ratio Requirements Earnings per Share Now, compute Off Road Traveler's current ratio, debt ratio, and Current Ratio Debt Ratio Eamings per SH 1. Compute Off Road Traveler's current ratio, debt ratio, and eamings 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 merchandise inventory of $44,000 on account. b. Borrowed $122,000 on a long-term note payable. c. Issued 2.000 shares of common stock, receiving cash of S105,000. d. Received cash on account: $7,000. Requirement 2. Compute the three ratios after evaluating the efi (Click on the icon to view the transactions.) Current Ratio Debt Ratio Earnings . b Print Done
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