1. In cell D21, by using cell references, calculate the total current assets in 2018. To calculate the
total current assets in 2019, copy cell D21 and paste it onto cell E21. In cell D24, by using cell
references, calculate the plant and equipment, net of accumulated depreciation in 2018 . To
calculate the plant and equipment, net of accumulated depreciation in 2019, copy cell D24 and
paste it onto cell E24. In cell D27, by using cell references, calculate the total non-current assets
in 2018. To calculate the total non-current assets in 2019, copy cell D27 and paste it onto cell
E27. In cell D28, by using cell references, calculate the total assets in 2018. To calculate the total
assets in 2019, copy cell D28 and paste it onto cell E28. In cell D32, by using cell references,
calculate the total current liabilities in 2018 . To calculate the total current liabilities in 2019,
copy cell D32 and paste it onto cell E32 In cell D35, by using cell references, calculate the total
non-current liabilities in 2018 . To calculate the total non-current liabilities in 2019, copy cell
D35 and paste it onto cell E35. In cell D36, by using cell references, calculate the total liabilities
in 2018. To calculate the total liabilities in 2019, copy cell D36 and paste it onto cell E36. In cell
D39, by using cell references, calculate the total stockholders' equity in 2018 . To calculate the
total stockholders' equity in 2019, copy cell D39 and paste it onto cell E39. In cell D40, by using
cell references, calculate the total liabilities and equity in 2018. To calculate the total liabilities
and equity in 2019, copy cell D40 and paste it onto cell E40. In cell D48, by using cell
references, calculate the gross profit in 2018. To calculate the gross profit in 2019, copy cell D48
and paste it onto cell E48. In cell D51, by using cell references, calculate the total operating
expenses in 2018 . To calculate the total operating expenses in 2019, copy cell D51 and paste it
onto cell E51.
In cell D52, by using cell references, calculate the earnings before interest & taxes in 2018 . To
calculate the earnings before interest & taxes in 2019, copy cell D52 and paste it onto cell E52.
In cell D54, by using cell references, calculate the earnings before taxes in 2018 . To calculate
the earnings before taxes in 2019, copy cell D54 and paste it onto cell E54. In cell D56, by using
cell references, calculate the net profit after tares in 2018. To calculate the net profit after taxes
in 2019, copy cell D56 and paste it onto cell E56. In cell D58, by using cell references, calculate
the earnings per shares in 2018 . To calculate the earnings per share in 2019 , copy cell D58 and
paste it onto cell E58. In cell D64, by using cell references, calculate the current ratio in 2018. To
calculate the current ratio in 2019, copy cell D64 and paste it onto cell E64. In cell D65, by using
cell references, calculate the quick ratio in 2018 . To calculate the quick ratio in 2019 , copy cell
D65 and paste it onto cell E65. In cell D66, by using cell references, calculate the accounts
receivable turnover in 2018. To calculate the accounts receivable furnover in 2019, copy cell
D66 and paste it onto cell E66. In cell D67, by using cell references, calculate the inventory
turnover in 2018. To calculate the inventory turnover in 2019, copy cell D67 and paste it onto

2. cell E67. In cell D68, by using cell references, calculate the total asset turnover in 2018 . To
calculate the total asset turnover in 2019, copy cell D68 and paste it onto cell E68. In cell D69,
by using cell references, calculate the debt-equity ratio in 2018. To calculate the debt-equity ratio
in 2019, copy cell D69 and paste it onto cell E69. In cell D70, by using cell references, calculate
the times interest earned ratio in 2018. To calculate the times interest earned ratio in 2019, copy
cell D70 and paste it onto cell E70. In cell D71, by using cell references, calculate the net profit
margin in 2018. To calculate the net profit margin in 2019, copy cell D71 and paste it onto cell
E71. In cell D72, by using cell references, calculate the return on equity ratio in 2018. To
calculate the return on equity ratio in 2019, copy cell D72 and paste it onto cell E72. In cell D73,
by using cell references, calculate the price-to-earnings ratio in 2018 . To calculate the price-to-
earnings ratio in 2019, copy cell D73 and paste it onto cell E73. In cell D74, by using cell
references, calculate the book value per share in 2018. To calculate the book value per share in
2019, copy cell D74 and paste it onto cell E74. In cell D75, by using cell references, calculate the
price-to-book-value ratio in 2018 . To calculate the price-to-book-value ratio in 2019, copy cell
D75 and paste it onto cell E75. Save the workbook. Close the workbook and then exit Excel.
Submit the workbook as directed.
b. Create a comparative income statement for the years 2019 and 2018 .
c. Create a spreadsheet to calculate the listed financial ratios for both 2019 and 201