Zimmer, Inc. has provided uts recent financial statments.... need actual excel formulas for this project. 36C is correct for an example.

Calculating Select Financial Ratios using Excel's ROUND and Basic Math Functions Help Save & Exit Submit 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. 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. If in a blank coll, "-37" was entered, the formula would output the result from cell B7, or 360,000 in this example. Basic 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)." (asterisk sign to multiply), and/(forward slash to divide). From the Excel Simulation below, if in a blank cell-C13C14" was entered the formula would add the values from those cells and output the result, or 1.900,000 in this example, ir using the other math symbols the result would output an appropriate answer for its function, ROUND functions 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(numbernum digits and returns the result of your formula rounded to 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 num. its argument is the number of digits you want to round. The num digits value rounds based on basis mathematical rounding rules, where anything below 5 wil round down and anything 5 and above rounds up. Also, 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 nearest whole number if the value 1.253.5693 was entered in cell Al, it can be used in the ROUND function as the number reference. In this example, if the value in cell At should be rounded to 2 decimal places, in a new cel the function would be written as ROUND(A127 and would result in as 1.253.57 in this example, If the number in cell At should be rounded to the nearest hundred place in a new cell the function would be written as **ROUNDIAI.2) and would result in 1300 in this example HONE INSERT PAGE LAYOUT Selected Financiarios FORMULAS DATA REVIEW VW Calibri 10 AA Sion Font Styles C36 f =ROUND(F7/((B9+C9)/2).2) F . This Year $4.980,000 2.988.000 1.992,000 A B E 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 S 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 Other current assets 355.0XXO 195.000 Operating expenses 12 Total current assets 2.635.000 2.035,000 Depreciation and amortization 13 Plant and equipment, net 1975,000 1800,000 General and administrative expenses 14 Other assets 75.000 100.000 Total selling and administrative expenses 15 Total assets S 4.685.000 S. 3.935.000 Net operating income 16 Liabilities and Stockholders' Equity Interest expense 17 Current Liabilities: Net income before taxes 18 Accounts payable S 250,000 $ 225.000 Income taxes 19 Short-term bank loans 750,000 600.000 Net income 20 Accrued payables 550.000 395.000 21 Other current liabilities 275 000 223400 Additional information 22 Total current liabilities 1825.000 1,443 400 Dividend per share paid in current year 23 Bonds payable, 10% $75000 400.000 Market price of shares at year end 24 Total liabilities 2.400.000 1843.400 Par value of common stock per share 985,500 410,300 150.000 1 546,000 446,00 60.000 386,000 135.100 S250.00 $ 1.00 42.00 20.00 Styles C36 fo =ROUND(F7/((B9+C9)/2).2) E F . Par value of common stock per share 20.00 Number of share outstanding 57.500 B 24 Total liabilities 2.400.000 1,843.400 25 Stockholders equity 26 Common stock 1,150,000 1,150.000 27 Retained earnings 1.135.000 941 600 28 Total stockholders' equity 2.285.000 2,091 600 29 Total liabilities and stockholders' equity S 4.685.000 $3.925.000 30 31 Required: 32 Compute the following ratios for the current year only: | 33 Gross margin percentage 40% 34 Current ratio (rounded to two decimal places) 144 35 Acid-test ratio (rounded to two decimal places) 0.74 36 Accounts receivable turnover (rounded to two decimal places) 6.75 37 Average collection period (rounded to the nearest whole day) 38 Inventory turnover ratio (rounded to two decimal places) 39 Average sales period (rounded to the nearest whole day) 40 Debt-to-equity ratio (rounded to two decimal places) 41 Times interest eamed (rounded to two decimal places) 42 Book value per share (rounded to two decimal places) 43 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) 46 Price earnings ratio (rounded to two decimal places) 47