Excel will allow you to enter labels values formulas all of the above When preparing financial statements in Excel you would start with Balance sheet Income statement Equity statement Trial balance Identify 2 ratio associated with each of the following. 1) profitability 2) liquidity 3) solvency Then select one of the formulas and explain how it is calculated. Be sure to label your answers clearly. Describe in detail the procedure to insert a row and column in Excel. Then describe what happens to the