Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please solve in terms of Excel example =B36/B32 -Thank You Calculating Select Financial Ratios Zimmer, Inc. has provided its recent financial statements. The Controller has

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Please solve in terms of Excel example =B36/B32

-Thank You

Calculating Select Financial Ratios 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. Here are some tips for using Excel: - Gell Reference: Allows you to refer to data from another cell in the worksheet. If you entered "=B5" into a blank cell, the formula would output the value from cell B5. - Besle Meth Functlons: Allow 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). For example, if you entered "=B4+B5" in a blank cell, the formula would add the values from those cells and output the result. - ROUND Functlon: 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 it rounds the result of your formula to a particular number of digits. The number argument can be a cell reference to either a number or to a formula 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 mathematical rounding rules, where anything below 5 will round down and anything 5 and above rounds up. 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 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. 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)", resulting in 1,300. 1. Use the Open Excel In New Tab button to launch this question. 2. When finished in Excel, use the Seve and Return to Asslgnment button in the lower right to return to Connect. Excel McGraw Hill Excel Question - Saved Search ( Alt +Q) Excel McGraw Hill Excel Question - Saved Search ( Alt +Q) Calculating Select Financial Ratios 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. Here are some tips for using Excel: - Gell Reference: Allows you to refer to data from another cell in the worksheet. If you entered "=B5" into a blank cell, the formula would output the value from cell B5. - Besle Meth Functlons: Allow 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). For example, if you entered "=B4+B5" in a blank cell, the formula would add the values from those cells and output the result. - ROUND Functlon: 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 it rounds the result of your formula to a particular number of digits. The number argument can be a cell reference to either a number or to a formula 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 mathematical rounding rules, where anything below 5 will round down and anything 5 and above rounds up. 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 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. 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)", resulting in 1,300. 1. Use the Open Excel In New Tab button to launch this question. 2. When finished in Excel, use the Seve and Return to Asslgnment button in the lower right to return to Connect. Excel McGraw Hill Excel Question - Saved Search ( Alt +Q) Excel McGraw Hill Excel Question - Saved Search ( Alt +Q)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

Why We Listen?

Answered: 1 week ago