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Required Compute the ratios (not in the order given below):
- *YOU WILL HAVE TO COMPUTE THE CASH DIVIDENDS PAID YOURSELF. Remember where dividends fit in the financial statements: beg retained earnings + net income - dividends = ending retained earnings
- Report your ratios to one or two decimal places, such as: 1.575 is formatted as 1.58 or 1.6 . Use the decimal decrease or increase button on the toolbar to adjust the number of decimal places. For percentages: .357 would be formatted as 35.7%. Use your format buttons and the decimal increase and decrease shortcut keys to help you out. You have aleady used these shortcut keys on the extra credit excel exercise you completed for the Getting Started Activities
- I completed the current ratio for you. Use that as a guide as to what in include in your completed answer. Make sure you write the formula in words and in numbers. I will deduct points if you don't include the formula in words. (By the way, that is the constant when you compute ratios. The numbers change, but the words don't. That is why I ask for the formula in words first.)
Problem Summary and Solution Recommendation Issues Identified Sources Used Discussion of Support
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