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Solve with excel formulas In cell B 1 9 , input the net sales amount. In cell B 2 0 , input the cost of

Solve with excel formulas
In cell B19, input the net sales amount.
In cell B20, input the cost of goods sold amount.
Note: The output of the expression or function you typed in this cell is expected as a positive number.
In cell B21, calculate the gross profit.
In cell B22, input the operating expenses.
Note: The output of the expression or function you typed in this cell is expected as a positive number.
In cell B23, calculate the operating income.
In cell B27, calculate the net income by adding the product of the dividend per share times the number of common stock outstanding and the increase in retained earnings.
In cell B25, calculate the income before taxes amount by dividing the net income by 1 minus the tax rate.
In cell B24, calculate the interest expense amount by subtracting the income before taxes from the operating income.
Note: The output of the expression or function you typed in this cell is expected as a positive number.
In cell B26, calculate the tax amount by subtracting the net income from the income before taxes.
Note: The output of the expression or function you typed in this cell is expected as a positive number.
In cell B31, calculate the operating profit margin by dividing the operating income by the net sales.
Note: Refer to the appropriate cells from the Income Statement in your calculations.
In cell B35, calculate the times interest earned by dividing the operating income by the interest expense.
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