Financial statement data of Style TravelerStyleTravelerMagazine include the following items (dollars in thousands):
Requirement 1.Compute Style TravelerStyleTraveler’s current ratio debt ratio and earnings per share. Round all ratios to two decimal places.
Current Ratio
Debt Ratio
Earnings Per Share
1.59
0.64
$3.45
Requirement 2. Compute the three ratios after evaluating the effects of each transaction. Consider each transaction
separately.
Current Ratio
Debt Ratio
Earnings Per Share
a.