Question: I need help inputting the ratios wIth the correct equations in excel. As i keep getting the wrong answer. A step by step of each
I need help inputting the ratios wIth the correct equations in excel. As i keep getting the wrong answer. A step by step of each equation used would be helpful. The correct answers are
Current ratio
quickratio
Net margin
Gross margin
As seen i have the asner just do not understand how to get thw right answer using equations in excel.
The proper equations formulas say:
Current ratio current assetcurrent liabilities
Quick ratio current assets inventory current liabilities
Gross margin net salesCOS net sales
Net profit margin Net profitnet sales
THANK YOU
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