Question
This is the instruction for my spreadsheet. When I put #,##0,, for a custom format, I get 1 for 521,759 . Is this correct? And
This is the instruction for my spreadsheet. When I put #,##0,, for a custom format, I get 1 for 521,759
. Is this correct? And should I add a decimal to anything other than the ratios?
Note that for this class the profits and revenues are always
entered in millions. Data from annual reports as well as tables
in cases you will analyze are variously provided in thousands or
millions (or even billions) depending on the size of the firm.
Your instructor will expect all data entries to be in millions on
this worksheet. In addition, all numbers used in calculating
ratios should be to one decimal place, and all ratios should be
reported to one decimal place (except for EPS, which is two
decimal places).
SECOND
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