**PLEASE ANSWER WITH THE ACTUAL EXCEL FORMULA (example =SUM(B1:B3) Not just the equation the actual EXCEL FORMULA that is what I am having problems with. Thank you in advance

1. Compute and interpret financial ratios that managers use to assess liquidity. 2. Compute and interpret financial ratios that managers use for asset management purposes. 3. Compute and interpret financial ratios that managers use for debt management purposes. Selected Financial Ratios - Excel 7 0 - 6 X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri 10 A % Paste BIUT Alignment Number Conditional Format as Cell Cells Formatting " Table= Styles = Clipboard Fant Styles A1 X V G Recent financial statements for Zimmer, Inc. are as follows: B C E F scent financial statements for Zimmer, Inc. are as follows: Timmer Company Zimmer Company Comparative Balance Sheet Income Statement This Year Last Year This Year arrent assets: Cash S 360.000 $ 310,000 Sales (all on account) $4,980.000 Marketable securities 220.000 80,000 Cast of goods sold 2 988 000 Accounts receivable, net 775.000 700.000 Grass margin 1 992 000 10 Inventory 925,000 750.000 Selling and administrative expenses 11 Other current assets 355.000 195,000 Operating expenses 985 500 12 ital current assets 2.635,000 2.035,000 Depreciation and amortization 410.500 13 ant and equipment, net 1.975,000 1.800.000 General and administrative expenses 150 000 14 ther assets 75.000 100 000 Total selling and administrative expenses 1 546.000 15 ital assets $ 3 935.010 Net operating income 446.000 16 abilities and Stockholders' Equity Interest expense GO.000 17 arrent Liabilities: Net income before taxes 186.000 18 Accounts payable S 250.000 5 225,000 Income taxes 135.100Selected Financial Ratios - Excel - 6 X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri 10 - A A Paste A Alignment Number Conditional Format as Cell Cells Formatting " Table= Styles - Clipboard Fant Styles A1 X V Recent financial statements for Zimmer, Inc. are as follows: A B C E E 19 Short-term bank loans 750.000 600.000 Net income 5 250 900 20 Accrued payables 550.000 395,000 21 Other current liabilities 275.000 223.400 Additional information: 22 ital current Eabilities 1,825,000 1,443,400 Dividend per share paid in current year S 1.00 23 ands payable, 10% 575.000 400.009 Market price of shares at year end 47100 24 ital liabilities 2.400.000 1 843.400 Par value of common stock per share 20.00 25 ockholders' equity: 26 Common stock 1,150,000 1,150,000 Number of shares outstanding 27 Retained earnings 1 135.000 941.G00 28 ital stockholders' equity 2 285.000 2 091 600 29 ital liabilities and stockholders' equity AUG85 000 $ 3.935.009 30 31 Bquired: 32 ampute the following ratios for the current year only: 33 Gross margin percentage 34 Furrent 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 nentory turnover ratio (rounded to two decimal places) 39 Werage sales period (rounded to the nearest whole day) 40 Debt-to-equity ratio (rounded to two decimal places) 41 imes interest earned (rounded to two decimal places)41 Times interest earned (rounded to two decimal places] 42 look 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 Sheet1 READY - - + + 1005