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need all yellow boxed to be answered, please include the formulas that are needed to enter the answers Zimmer, Inc. has provided its recent financial

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Zimmer, Inc. has provided its recent financial statements. The Controller has asked you to use this information to compute and interpret financial ratios that managers are going to use to assess liquidity and use for asset and debt management purposes. Use the information included in the Excel Simulation and the Excel functions described below to complete the task Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank cell, "-B7" was entered, the formula would output the result from cell B7, or 360,000 in this example. Basic Math functions: Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys: + (plus sign to add). - (minus sign to subtract). * (asterisk sign to multiply), and / (forward slash to divide). From the Excel Simulation below, if in a blank cell-C13+C14" was entered the formula would add the values from those cells and output the result, or 1,900,000 in this example. If using the other math symbols the result would output an appropriate answer for its function. ROUND function: Allows you to round a number or result of a formula calculation to a specific number of digits. The syntax of the ROUND function is --ROUND(number,num_digits)" and returns the result of your formula rounded to a particular number of digits. The number argument can be a cell reference to a number or a formula itself that results in a number. The num_digits argument is the number of digits you want to round. The num digits value rounds based on basis mathematical rounding rules, where anything below 5 will round down and anything 5 and above rounds up. Also, the num_digits value should be a positive value to round to any number of decimal places, while a negative value would round to the left of the decimal place, and a zero would round to the nearest whole number. If the value 1,253.5693 was entered in cell A1, it can be used in the ROUND function as the number reference. In this example, if the value in cell A1 should be rounded to 2 decimal places, in a new cell the function would be written as "ROUND(A1,2)" and would result in as 1,253.57 in this example. If the number in cell A1 should be rounded to the nearest hundred place in a new cell the function would be written as "-ROUND(A1-2) and would result in 1,300 in this example. BB- Selected Financial Ratios - Excel 2 FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Calibri 10 % Paste -A- BIU Alignment Number Cells Conditional Format as Cell Formatting Table Styles Styles Clipboard Font A1 Recent financial statements for Zimmer, Inc. are as follows: B 1 E F Income Statement Comparative Balance Sheet This Year Last Year This Year $ $4.980.000 2,988.000 1.992.000 1 985,500 410 500 150.000 1546.000 S Assets Current assets: Cash Marketable securities Accounts receivable, net Inventory Other current assets 2 Total current assets 3 Plant and equipment, net 4 Other assets Total assets Liabilities and Stockholders' Equity 7 Current Liabilities: 8 Accounts payable 9 Short-term bank loans Accrued payables Other current liabilities 2 Total current liabilities 3 Bonds payable, 10% 04 Total liabilities 5 Stockholders' equity: 26 Common stock 27 Retained earnings 28 Total stockholders' equity 29 Total liabilities and stockholders' equity 360.000 $ 310,000 Sales (all on account) 220.000 80,000 Cost of goods sold 775.000 700.000 Gross margin 925,000 750.000 Selling and administrative expenses 355.000 195,000 Operating expenses 2.635.000 2,035,000 Depreciation and amortization 1,975.000 1.800.000 General and administrative expenses 75.000 100.000 Total selling and administrative expenses 4.685.000 $ 3.935.000 Net operating income Interest expense Net income before taxes 250.000 $ 225.000 Income taxes 750.000 600,000 Net income 550.000 395,000 275.000 223 400 Additional information: 1.825.000 1.443.400 Dividend per share paid in current year 575.000 400.000 Market price of shares at year end 2.400.000 1.843400 Par value of common stock per share 446,000 60.000 386,000 135.100 $ 250.000 $ 0 $ 1.00 42.00 20.00 Number of share outstanding 1.150.000 1.150.000 1.135.000 941 600 2.285.000 2.091.000 4.685.000 1.935.000 Sheet1 86 Calibri 10 ' ' ilo % IM Paste BIU- E- Alignment Number Cells Conditional Format as Cell Formatting Table Styles Styles Clipboard Font Recent financial statements for Zimmer, Inc. are as follows: A B E F Par value of common stock per share 20.00 Number of share outstanding 24 Total liabilities 2.400.000 1843/400 25 Stockholders' equity: 26 Common stock 1.150.000 1,150,000 27 Retained camings 1.135.000 941,600 28 Total stockholders' equity 2.285.000 2091.600 29 Total liabilities and stockholders' equity 4.685.000 S 3.035.000 30 | 31 Required: 32 Compute the following ratios for the current year only: 33 Gross margin percentage 34 Current ratio (rounded to two decimal places) 35 Acid-test ratio (rounded to two decimal places) 36 Accounts receivable turnover (rounded to two decimal places) 37 Average collection period (rounded to the nearest whole day) 38 Inventory turnover ratio (rounded to two decimal places) 39 Average sales period (rounded to the nearest whole day) 40 Debt-to-equity ratio (rounded to two decimal places) 41 Times interest earned (rounded to two decimal places) 42 Book value per share (rounded to two decimal places) 43 Earnings per share (rounded to two decimal places) 44 Dividend payout ratio (rounded to three decimal places) 45 Dividend yield ratio (rounded to three decimal places) 46 Price-earnings ratio (rounded to two decimal places) 47 48 49

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