Compute and interpret financial ratios that managers use to assess liquidity. Compute and interpret financial ratios that managers use for asset management purposes. Compute and interpret financial ratios that managers use for debt management purposes.  

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1. Compute and interpret financial ratios that managers use to assess liquidity. 2. Compute and interpret financial ratios that managers use for asset management purposes. 3. Compute and interpret financial ratios that managers use for debt management purposes. Selected Financial Ratios - Excel Sign In FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Calibri -10 A A Alignment Number Conditional Format as Formatting Table Styles Paste в I U Cell Cells Editing Clipboard Font Styles A1 fe Recent financial statements for Zimmer, Inc. are as follows: A F 1 Recent financial statements for Zimmer, Inc. are as follows: 2 Zimmer Company Zimmer Company 3 Comparative Balance Sheet Income Statement 4 This Year Last Year This Year 5 Assets 6 Current assets: 7 Cash 360,000 $ 310,000 Sales (all on account) $4,980,000 8. Marketable securities 220,000 80,000 Cost of goods sold 2,988,000 Accounts receivable, net 775,000 700,000 Gross margin 1,992,000 10 Inventory 750,000 Selling and administrative expenses 925,000 11 Other current assets 355,000 195,000 Operating expenses 985,500 12 Total current assets 2,035,000 Depreciation and amortization 2,635,000 410,500 1,800,000 General and administrative expenses 100,000 Total selling and administ rative expenses 13 Plant and equipment, net 1,975,000 150,000 14 other assets 75,000 1.546,000 > 1. Compute and interpret financial ratios that managers use to assess liquidity. 2. Compute and interpret financial ratios that managers use for asset management purposes. 3. Compute and interpret financial ratios that managers use for debt management purposes. Selected Financial Ratios - Excel Sign In FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Calibri -10 A A Alignment Number Conditional Format as Formatting Table Styles Paste в I U Cell Cells Editing Clipboard Font Styles A1 fe Recent financial statements for Zimmer, Inc. are as follows: A F 1 Recent financial statements for Zimmer, Inc. are as follows: 2 Zimmer Company Zimmer Company 3 Comparative Balance Sheet Income Statement 4 This Year Last Year This Year 5 Assets 6 Current assets: 7 Cash 360,000 $ 310,000 Sales (all on account) $4,980,000 8. Marketable securities 220,000 80,000 Cost of goods sold 2,988,000 Accounts receivable, net 775,000 700,000 Gross margin 1,992,000 10 Inventory 750,000 Selling and administrative expenses 925,000 11 Other current assets 355,000 195,000 Operating expenses 985,500 12 Total current assets 2,035,000 Depreciation and amortization 2,635,000 410,500 1,800,000 General and administrative expenses 100,000 Total selling and administ rative expenses 13 Plant and equipment, net 1,975,000 150,000 14 other assets 75,000 1.546,000 >

Answer rating: 100% (QA)

Gross Margin percentage F9F7 Gross profit Sales 1992000 4980000 40 Current Ratio B12 B22 Current Ass... View the full answer