Question: yellow boxes must be answered with a formula. please help nces 1 7 2018 # Clipboard Al Paste Q A 3 Balance Sheet 4 Cash

yellow boxes must be answered with a formula. please help
yellow boxes must be answered with a formula. please help nces 1
7 2018 # Clipboard Al Paste Q A 3 Balance Sheet 4

nces 1 7 2018 # Clipboard Al Paste Q A 3 Balance Sheet 4 Cash 5 Accounts Receivable, Net 6 Inventory 7 Prepaid Insurance BIU. 8 Total Current Assets 9 Property and Equipment, Net Total Assets 10 7 21 Net Sales (all on account) 22 Cost of Goods Sold 23 Kross Profi 24 Operating Expenses 25 Income from Operations 26. Interest Expense READY Attempts @ 2 Font 11. 12 Current Liabilities 13 Long-term Liabilities 14 Total Liabilities 15 Contributed Capital 16 Retained Earnings 17 Total Stockholders' Equity 18: Total Liabilities and Stockholders' Equity 19 20 Income Statement Tapa ** W x S Sheets 43 # X 50 E f D A $ DS Alignment Number Conditional Format as Cell Formatting Table Styles Styles Condensed financial statements for Games Galore are summarized bell 4 188 #F C R 20 LL 25 F % U . 8 B N Dill 16 J Paste m Clipboard Al W Q A BIU- 27 Income before Income Tax Expense 28 Income Tax Expense 29 Net Income 30 VE 31 Required: 32 Compute the following liquidity ratios for Year 3. Round to the 33 required number of decimal places USING THE EXCEL. 34 ROUND FUNCTION (x). 44 35 Current ratio (rounded to one decimal place) 36 37 Font 38 Inventory turnover (rounded to two decimal places) Days to sell (rounded to the nearest whole day) 39 40 Receivables turnover (rounded to two decimal places) Days to collect (rounded to the nearest whole day) READY Attemp @2 41 Compute the following Solvency Ratios for Year 3. Again, USE 42 THE EXCEL ROUND FUNCTION (ho. 43 Debt to assets (rounded to two decimal places) Times interest earned (rounded to one decimal place) #2 45 46 Compute the following Profitability Ratios for Year 3. Again, USE 47 THE EXCEL ROUND FUNCTION (). 48 Net profit margin (rounded to one decimal place) 49 Gross profit percentage (rounded to one decimal place) Sheet1 W A #3 550 # Alignment Number Conditional Format as Cell Formatting Table Styles Styles Condensed financial statements for Games Galore are summar E LLJ D S4 $ 331 R 20 % 5 LL. F

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