Question: Please help! I need formulas for excel. AutaSare on 0 fiz AWFRAGE and Financial ratics + Saved y Dearch File Home Insert Page Layout Formulas

Please help! I need formulas for excel. AutaSare on 0 fiz AWFRAGEand Financial ratics + Saved y Dearch File Home Insert Page LayoutFormulas Data Review View Help The Company began operations in 2023 .Its comparative income statements and balance sheets follow. Use a formula toPlease help! I need formulas for excel.

AutaSare on 0 fiz AWFRAGE and Financial ratics + Saved y Dearch File Home Insert Page Layout Formulas Data Review View Help The Company began operations in 2023 . Its comparative income statements and balance sheets follow. Use a formula to calculate the ratios below. The AVERAGE formula must be used in any ratios using average accounts receivable, average inventory or average total assets. AutaSare on 0 fiz AWFRAGE and Financial ratics + Saved y Search File Home Insert Page Layout Formulas Data Review View Help Comparative Balance Sheets \begin{tabular}{lrrrr} & For Years Ended December 31,20262023 & 202 \\ \hline Cash & 2026 & 2025 & 2024 & 2023 \\ Accounts receivable, net & $154,000 & $113,000 & $116,000 & $108,000 \\ Merchandise inventory & 57,000 & 50,000 & 44,000 & 31,000 \\ Plant assets, net & 19,000 & 47,000 & 14,000 & 34,000 \\ Total assets & 160,000 & 150,000 & 130,000 & 120,000 \\ & $390,000 & $360,000 & $304,000 & $293,000 \\ \cline { 2 - 5 } & & & & \\ Current liabilities & $36,000 & $31,000 & $27,000 & $23,000 \\ Long-term liabilities & 160,000 & 180,000 & 170,000 & 200,000 \\ Common stock & 50,000 & 50,000 & 50,000 & 50,000 \\ Retained earnings & 144,000 & 99,000 & 57,000 & 20,000 \\ Total liabilities and equity & $390,000 & $360,000 & $304,000 & $293,000 \\ \hline \end{tabular} Liquidity and Efficiency 2026 Wustly tluddy

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