please provide excel
cell refrnces in answer
Zimmer, Inc. has provided its recent financial statements. The controler has asked you to use the information to computer 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, it in a blank el --B7" was entered the formula would output the result from cell B7, or 360,000 in this example Besk 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, astenk sign to multiply), and/(forward stash to divide) From the Excel Simulation below, itina blank cell-C13+C14" was entered the formula would add the values from those cells and output the result of 1,900,000 in this example, 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 numcigits argument is the number of digits you want to round. The num.digits value tounds based on buss mathematical rounding rules, where anything belows will round down and anything 5 and above rounds up. Also, the numagits 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 1253 5693 was entered in cell Al it can be used in the ROUND function as the numberreference in this example, if the value in cell At should be rounded to 2 decimal places, in a new cell the function would be written as TROUNDAL 27" and would rest in as 1253.57 in this example if the number in cell Al should be rounded to the nearest hundred place in a new cell the function would be written as ROUNDA1-2) and Calib 10 Cells Editing Paste B TU- BE A A 96 & A 'Alignment Number Conditional Format as Cell Formatting Table Styles Styles Cipboard Font C42 v X . F E B This Year $ $4,980,000 2,988.000 1992 000 1 Recent financial statements for Zimmer, Inc. are as follows: 2 Zimmer Company Zimmer Company 3 Comparative Balance Sheet Income Statement 4 This Year Last Year 5 Assets 6 Current assets 7 Cash 360,000 $ 310,000 Sales (all on account) 8 Marketable securities 220,000 80,000 cost of goods sold 9 Accounts receivable, net 775,000 700,000 Gross margin 10 Inventory 925,000 750,000 Selling and administrative expenses 11 Other current assets 355,000 195.000 Operating expenses 12 Total current assets 2,635,000 2,035,000 Depreciation and amortization 13 Plant and equipment, net 1.975,000 1.800.000 General and administrative expenses 14 Other assets 75 000 100,000 Total selling and administrative expenses 15 Total assets 4.685.000 3.925.000 Net operating income 16 Liabilities and Stockholders' Equity Interest expense 17 Current Liabilities: Net income before takes 18 Accounts payable 250,000 $ 225.000 Income taxes 19 Short-term bank loans 750,000 600,000 Net Income 20 550,000 395,000 Accrued payables 21 Other current liabilities 275.000 223.400 Additional information 22 Total current liabilities 1,825,000 1,443,400 Dividend per share paid in current year 23 Bonds payable, 10% 575,000 400.000 Market price of shares at year end Sheet1 985,500 410,500 150 000 1.546.000 446,000 60,000 386,000 135 100 S250.900 S S 1.00 42.00 100% Hint READY Attempt(s) 1/3 31 FILE Selected Financial Ratios - Excel FORMULAS DATA REVIEW VIEW Sign In HOME INSERT PAGE LAYOUT * Calib -10 Cells Editing Paste TU E- 96 A Alignment Number Conditional Format as Cell Formatting Table Styles Styles Opboard Font F26 -B26/F24 Market price of shares at year end Par value of common stock per share 42.00 20.00 Number of share outstanding 57,500 c 23 Bonds payable, 10% 575.000 400,000 24 Total abilities 2.400.000 1.843400 25 Stockholders' equity: 26 Common stock 1,150,000 1,150,000 27 Retained earnings 2.135.000 941,600 28 Total stockholders' equity 2.285.000 2091.600 29 Total liabilities and stockholders' equity s 4.685.000 S3,935.000 30 31 Required: $2 Compute the following ratios for the current year only: 33 Gross margin percentage 40% 34 Current ratio (rounded to two decimal places) 1:44 35 Acid test ratio (rounded to two decimal places) 36 Accounts receivable turnover (rounded to two decimal places) 6.75 37 Average collection period (rounded to the nearest whole day) 54 3.57 38 Inventory turnover ratio (rounded to two decimal places) 39 Average sales period (rounded to the nearest whole day) 102 40 Debt-to-equity ratio (rounded to two decimal places) 1.05 7,43 Times interest earned (rounded to two decimal places) Book value per share (rounded to two decimal places) 45 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) 42
