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1 Formula: Subtract, Divide, Cell Referencing 3 Using Excel to Calculate Ratios 4 PROBLEM 5 Ross Music Inc. reported the following selected information at 6

1 Formula: Subtract, Divide, Cell Referencing 3 Using Excel to Calculate Ratios 4 PROBLEM 5 Ross Music Inc. reported the following selected information at 6 March 31 Student Work Area Required: Provide input into cells shaded in yellow in this template. Use only cell references and mathematical formulas in the input cells Calculate the following for March 7 8 Total current assets $262,787 9 Total assets 439,832 10 Total current liabilities 293,625 Curgent ratio 11 Total liabilities 376,002 12 Net cash provided by operating activities 62,300 13 Dividends paid 12,000 Debt to assets ratio 14 Cost of capital expenditures 24,787 15 16 Free cash flow 17 18 19 1

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