NEED ANSWERS AS THE FORMULAS IN EXCEL! EXAMPLE OF WHAT I NEED IS =ROUND(B12/B22,2)
Calculating Select Financial Ratios using Excel's ROUND and Basic Math Functions 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. "87" 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 slosh 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 of result of a formula calculation to a specific number of digits. The syntax of the ROUND function is --ROUND(numbernum 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, of the number in cell Al 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, Selected Financial Ratios - Excel PLE ? - HOME X INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri - 10 % Prey 1 of 1 Next You received partial credit in the previous attempt E F 1 This Year $4.980.000 2988000 1.992000 Recent financial statements for Zimmer Inc are as follos 2 Zimmer Company Zimne Company 3 Comparative Balance Sheet Income Statement This Year Last Year 5 Assets 6 Current Assets 2 Cash $ 3602005 3100 Sales (all on account) Marketable securities 220.000 80.000 Cost of goods sold Accounts receivable, et 775,00 700.000 Gross margin 10 Inventory 925.00 750.00 Selling and administrative expenses 11 Other cuments 355.000 195.000 Operating expenses 12 Totalcuments 635.000 2635.000 Depreciation and amortization 13 Plant and equipment, et 1.975.000 1.800.000 General and administrative expenses 14 Other 25 100,000 Total selling and administrative expenses s 4.66.00 15.000 Net operating income 16 Liabilities and Stockholders' Equity Inexpense 17 Current Lihilities Net Income before taxes 18 Accounts payable $ 250 000 $ 225 000 Income taxes 750.000 500.000 Net income 20 Accrued payables 550.000 195000 21 Other current liabilities 21.00 Additional information 22 Tulcumentales 125.000 1443.400 Dividendeshare paid cry 575.00 Market price of shares Mere Sheet1 READY 15 Tits 985 500 410500 1 46.000 486.000 60/000 380.000 ISO S02 TO 42.00 1001 Prey 1 of 1 Next Q Search securyBrowse 2 3 4 . 6 7 00 8 W E R. T Y U 0 New 10 use Home Drugs in Perspecti Sever cel simulation) You received partial credit in the previous attempt 5.250.000 $ 1.00 42.00 20.00 19 Short-term bank loans 750.000 600.000 Net income 20 Accued payables 550.000 395.000 21 Other current liabilities 225.00 223.400 Additional information: 22 Total current liabilities 1825.000 1,443,400 Dividend per share paid in current year 23 Bonds 10% 575 Market price of shares a year end 14 Total abilities 2.000.000 1843.400 Par value of common stock per share 25 Stockholdene 26 Corum ock 1.19000 1.150,000 Number of share outstanding 27 Retained earning 1.135.00 940 28 Todely 225.000 209100 29 Total abilities and wholesalty 5 465.000 25.00 VO 31 Required 32 Compute the following this for the current yeatly 33 Gempa 003 34 Curred two decal places 144 35 Acides to traded to the decimal places) 36 A meded to two decimal places) Avena pred croonded to the whole day 38 30 g periods the whole day Detto quity pounded sa decom) Times and rounded decimale) Sheets READY Allamos 100 1 of 1 Next Q Search secury Browse 3 & 4 5 6 7 8 9 0 W ER
