I have 3 formulas that I keep coming up wrong. Could someone please look at these last 3. It has to be answered in formulas.

1. Use ratios to analyze a company's liquidity and solvency. Calculate Select Ratios - Excel 7 0 - 6 X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri 11 - AA Paste BIU- Alignment Number Conditional Format as Cell Cells Formatting " Table- Styles = Clipboard Fant Styles 848 X B C D Condensed financial statements for Games Galore are summarized below: lalance Sheet 2016 2015 in w tash S 185,000 5 143,000 Accounts Receivable, Net 80,000 59,000 nventory 104,000 134,000 'repaid Insurance 11,900 5,880 Total Current Assets 380,900 341,880 `roperty and Equipment, Net 514,500 407,000 10 Total Assets S 895,400 S 748,880 11 12 Current Liabilities S 85,300 S 96,800 13 ong-term Liabilities 284,000 224,000 14 Total Liabilities 369,300 320,800 15 Contributed Capital 299,000 299,000 16 letained Earnings 227,100 129,080 17 Total Stockholders' Equity 526,100 428,080 18 Total Liabilities and Stockholders' Equity S 895,400 5 748,880 1920 ncome Statement 21 Jet Sales (all on account] 5 3,031,000 22 lost of Goods Sold 1,949.000 Gross Profit 1,082,000 24 Operating Expenses 891.400 25 ncome from Operations 190,600 nterest Expense 14,500 7 ncome before Income Tax Expense 176,100 ncome Tax Expense 47,000 29 let Income S 129.100 3031 Required: 32 Compute the following liquidity ratios for 2016. Round to the 33 required number of decimal places USING THE EXCEL. 34 ROUND FUNCTION (fx). 35 Current ratio (rounded to one decimal place) 4.5 to 1 36 Receivables turnover (rounded to two decimal places 43.61 times 37 Days to collect (rounded to the nearest whole day) 8 days Inventory turnover (rounded to two decimal places) 16.38 times 39 Days' sales in inventory (rounded to the nearest day) 22 days 40 41 Compute the following Solvency Ratios for 2016. Again, USE 42 THE EXCEL ROUND FUNCTION (fx). Debt to assets (rounded to two decimal places) 0.41 to 1 Times interest earned (rounded to one decimal place) times 45 46 Compute the following Profitability Ratios for 2016. Again, USE 47 THE EXCEL ROUND FUNCTION (fx). 18 Profit margin ratio (rounded to one decimal place percent 48 Gross margin ratio (rounded to one decimal place) percent 50 51 52 53