Question: I am working on HCS 485 Excel spread sheet. I dont know how to write the formula for Line #51 Equity Multiplier (times) It is

I am working on HCS 485 Excel spread sheet.

I dont know how to write the formula for Line #51 Equity Multiplier (times) It is Total Assets / Total Liab

=sum(B19/D19) not correct.

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 Accounting Questions!