Randy's Books & Music Inc. reported the following selected information at March 30. _2_0 07_ Total current

Question:

Randy's Books & Music Inc. reported the following selected information at March 30.

_2_0 07_ Total current assets $252,787 Total assets 439,832 Total current liabilities 293,625 Total liabilities 376,002 Cash provided by operating activities 55,472 Calculate

(a) the current ratio,

(b) the debt to total assets ratio, and

(c) free cash flow for March 30, 2007. The company paid dividends of $11,000 and spent $24,787 on capital expenditures.

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