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Use table-based calculations to find the average credit score, average debt, and average equity for companies with a risk of default, and also for those

Use table-based calculations to find the average credit score, average debt, and average equity for companies with a risk of default, and also for those without a risk of default. Does there appear to be a difference between companies with and without a risk of default?

**please be sure to do step by step and make sure to write down the formulas used in your excel sheet.

Corporate Default Database
Company Category Credit Score Payment delay in last 3 months? Debt Equity Profit/Loss Amount Default Assessment
1 Service 604 Yes $ 11,672,388.00 $3,742,284 Profit $336,024 Yes
2 Manufacturing 714 No $3,294,252 $2,391,324 Profit $298,584 No
3 Manufacturing 732 No $192,816 $1,574,352 Profit $704,496 No
4 Manufacturing 792 No $8,778,744 $11,463,348 Profit $3,208,764 No
5 Service 623 No $3,206,736 $710,580 Loss $159,588 Yes
6 Manufacturing 702 No $13,018,512 $4,048,356 Loss $66,924 Yes
7 Service 764 No $4,485,312 $6,107,868 Profit $752,076 No
8 Manufacturing 690 No $7,813,104 $5,870,904 Profit $801,528 No
9 Service 802 No $7,149,948 $11,444,628 Profit $2,864,004 No
10 Service 610 No $14,759,472 $3,911,232 Loss $1,560,312 Yes
11 Manufacturing 590 Yes $8,254,740 $19,771,284 Profit $2,003,352 No
12 Manufacturing 824 No $542,568 $31,290,168 Profit $11,336,832 No
13 Service 762 No $873,600 $4,524,000 Loss $66,456 No
14 Manufacturing 601 No $1,631,604 $320,112 Profit $34,164 Yes
15 Manufacturing 655 Yes $32,253,936 $14,777,724 Loss $407,472 Yes
16 Manufacturing 792 No $4,853,472 $4,532,736 Profit $751,452 No
17 Manufacturing 721 No $3,705,468 $14,046,552 Profit $5,451,264 No
18 Manufacturing 750 No $12,623,676 $11,253,060 Profit $1,446,432 No
19 Manufacturing 762 No $5,384,340 $18,725,616 Profit $1,257,048 No
20 Service 598 Yes $2,764,788 $534,924 Profit $76,752 Yes
21 Manufacturing 742 No $7,101,588 $4,167,228 Profit $409,032 No
22 Manufacturing 821 No $3,923,088 $14,434,524 Loss $1,872 No
23 Service 657 No $3,950,544 $5,349,084 Loss $264,732 Yes
24 Manufacturing 798 No $3,341,988 $3,121,872 Profit $2,698,176 No
25 Manufacturing 695 No $9,971,208 $5,556,252 Profit $784,524 No
26 Service 819 No $10,583,508 $9,030,684 Profit $6,391,476 No
27 Manufacturing 671 No $23,596,092 $6,685,692 Loss $51,324 Yes
28 Manufacturing 771 No $9,741,576 $6,742,788 Profit $1,077,024 No
29 Service 832 No $11,858,496 $13,613,652 Profit $533,988 No
30 Service 759 No $895,128 $1,894,932 Profit $163,332 No
31 Manufacturing 613 No $5,965,440 $828,672 Loss $146,796 Yes
32 Manufacturing 705 No $6,745,908 $5,966,220 Profit $878,280 No

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