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PLEASE ANSWER ASAP IN EXCEL FORMATTT PLEASE Using the financial statement information in the Excel file for Renegade, Inc., calculate a profitability ratio, a leverage

PLEASE ANSWER ASAP IN EXCEL FORMATTT PLEASE

Using the financial statement information in the Excel file for Renegade, Inc., calculate a profitability ratio, a leverage (debt) ratio, an asset utilization ratio, and a liquidity ratio. You may pick one of each type of ratio asked for from the ones we discussed in class. You must write the name of the ratio, the type of the ratio, and clearly show your calculations, to receive full credit. You should calculate for the most recent fiscal year.

image text in transcribed \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|l|}{\begin{tabular}{l} Liabilities and shareholders' equity \\ Liabilities \end{tabular}} \\ \hline \multicolumn{3}{|l|}{ Current Liabilities } \\ \hline \begin{tabular}{l} Acoounts payable \\ Short-term debt \end{tabular} & \begin{tabular}{r} $,300,000.00 \\ 7,700,000.00 \\ \end{tabular} & \begin{tabular}{r} 5,735,340.00 \\ 7,602,660.00 \\ \end{tabular} \\ \hline Total current liabilities & $14,000,000.00 & $13,338,000.00 \\ \hline Long-term bonds & $18,572,800.00 & $16,302,000.00 \\ \hline Total liabilities & $32,572,800.00 & $29,640,000.00 \\ \hline \multicolumn{3}{|l|}{ Equity } \\ \hline Common stook & $8,255,520.00 & $10,062,000.00 \\ \hline Retained earnings & 15,331,680.00 & 12,298,000.00 \\ \hline Total shareholders' equity & $23,587,200.00 & $22,360,000.00 \\ \hline Total liabilities and shareholders' equit & 56,160,000.00 & $52,000,000.00 \\ \hline \end{tabular}

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