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PLEASE DETAIL ALL ANSWERS WITH THE CORRECT EXCEL FORMULA - I NEED THE ANSWERS TO BE AN EXCEL FORMULA FOR THE SOLUTION!! EXAMPLE: =B7/B9 PLEASE

PLEASE DETAIL ALL ANSWERS WITH THE CORRECT EXCEL FORMULA -

I NEED THE ANSWERS TO BE AN EXCEL FORMULA FOR THE SOLUTION!!

EXAMPLE: =B7/B9

PLEASE PROVIDE THE SOLUTIONS AS EXCEL FORMULA

PLEASE PROVIDE THE SOLUTIONS AS EXCEL FORMULA

PLEASE PROVIDE THE SOLUTIONS AS EXCEL FORMULA

PLEASE PROVIDE THE SOLUTIONS AS EXCEL FORMULA

PLEASE PROVIDE THE SOLUTIONS AS EXCEL FORMULA

PLEASE PROVIDE THE SOLUTIONS AS EXCEL FORMULA

PLEASE PROVIDE THE SOLUTIONS AS EXCEL FORMULA

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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 numberargument 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.
Recent financial statements for Zimmer, Inc. are as follows: Zimmer Company Zimmer Company Comparative Balance Sheet Income Statement Last Year This Year This Year Assets Current assets Cash 360,000 $ 310,000 Sales (all on account) $4,980,000 Marketable securities 220,000 80,000 Cost of goods sold 2,988,000 Accounts receivable, net 775,000 700,000 Gross margin 1992,000 925,000 Inventory 750,000 Selling and administrative expenses Other current assets 355,000 195.000 Operating expenses 985,500 Total current assets 2,635,0002,035,000Depreciation and amortization 410,500 Plant and equipment, net 1,800,000 General and administrative expenses 150 Other assets 75,000100.000 Total selling and administrative expenses1546.000 Total assets S 3.935000 Net operating income 446,000 Liabilities and Stockholders' Equity Interest expense 60 Current Liabilities: Net income before taxes 386,000 Accounts payable 250,000$225,000 Income taxes 135,100 600,000 Net income Short-term bank loans 750,000 Accrued payables 550,000 395,000 Other current liabilities 275,000 223.400 Additional information: 1.00 Total current liabilities 1,825,0001,443,400 Dividend per share paid in current year 42.00 Bonds payable, 10% 575,000 400,000 Market price of shares at year end Total liabilities 2.400 1,843400 Par value of common stock per share 20.00 Stockholders' equity Common stock 1,150,000 1,150,000 Number of share outstanding 135 Retained earnings 941,600 Total stockholders' equity 2,285,000 2,091600 Total liabilities and stockholders' equity Required: Compute the following ratios for the current year only: Gross margin percentage 40% Current ratio (rounded to two decimal places) Acid-test ratio (rounded to two decimal places) Accounts receivable turnover (rounded to two decimal places) Average collection period (rounded to the nearest whole day) Inventory turnover ratio (rounded to two decimal places) Average sales period (rounded to the nearest whole day) Debt-to-equity ratio (rounded to two decimal places) Times interest earned (rounded to two decimal places) Book value per share (rounded to two decimal places) Earnings per share (rounded to two decimal places) Dividend payout ratio (rounded to three decimal places) Dividend yield ratio (rounded to three decimal places) Price-earnings ratio (rounded to two decimal places)

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