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collinfluegge collinfluegge
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6 years ago
A construction company creates its financial statements in Excel. The net income of the company is stored in Cell B35 and the Owners Equity in C35. What formula will calculate return on investment?

Q. 2

Name two formatting options available in Excel that are important to include when dealing with financial statements.

Q. 3

The vertical analysis of a balance sheet for a coffee shop is created in Excel. Cash assets are in Cell C9 and total assets are in Cell C16. Write two ways for keying cash as a percent of total assets into Cell D9.

Q. 4

The Smoothie Shoppe's income statement is done in Excel. Cell E8 contains net sales, Cell E17 contains cost of goods sold, and Cell E27 contains total operating expenses. What is the formula to calculate net income before federal income tax?

Q. 5

Henderson's Appliance Store had net income of 202,000 this year with owner's equity of 325,000. What is the return on investment for the year?
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r.chacon1r.chacon1
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6 years ago
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collinfluegge Author
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#2
6 years ago
I just wanted to write to say thanks a bunch for the answer!
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