Question: Elena needs to calculate her debt ratio using a spreadsheet. Her current assets, in cell B2, are $300,000 and liabilities, in cell B3, are $200,000.

Elena needs to calculate her debt ratio using a spreadsheet. Her current assets, in cell B2, are $300,000 and liabilities, in cell B3, are $200,000.

What formula should Elena use to calculate her debt ratio in the spreadsheet?

a.)

=DIVIDE(B2,B3)

b.)

=(B3\B2)

c.)

(B2/B3)

d.)

=(B3/B2)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!