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You are working as a financial analyst, creating monthly financial ratio analyses. Which of the following formulas are entered in cell C12 to return the value for the asset turnover ratio from existing ratios? 1 2 3 4 5 6 7 8 9 10 11 12 13 14 A 1 B Ratio name Current ratio Debt to equity ratio Asset turnover ratio Return on equity ratio Liquidity ratio Ratio name Ratio value fx с Value 2.4 0.84 1.35 0.31 0.93 Asset turnover ratio 1.35 Select all answers that apply: A. INDEX($C$5:$C$9, MATCH($C$11,$B$5:$B$9)) B. =IF($C$11="Asset turnover ratio", MATCH($C$11,$B$4:$B$9,0), FALSE) C. =HLOOKUP($C$11,$B$4:$C$9,MATCH($C$11,$B$4:$C$9,0), FALSE) |D. =VLOOKUP($C$11,$B$5:$C$9,2,FALSE) E. IF(AND($C$11="Asset turnover ratio",$C$12="1.35"), MATCH($C$11,$B$4:$C$9,0),0)

You are working as a financial analyst, creating monthly financial ratio analyses. Which of the following formulas are entered in cell C12 to return the value for the asset turnover ratio from existing ratios? 1 2 3 4 5 6 7 8 9 10 11 12 13 14 A 1 B Ratio name Current ratio Debt to equity ratio Asset turnover ratio Return on equity ratio Liquidity ratio Ratio name Ratio value fx с Value 2.4 0.84 1.35 0.31 0.93 Asset turnover ratio 1.35 Select all answers that apply: A. INDEX($C$5:$C$9, MATCH($C$11,$B$5:$B$9)) B. =IF($C$11="Asset turnover ratio", MATCH($C$11,$B$4:$B$9,0), FALSE) C. =HLOOKUP($C$11,$B$4:$C$9,MATCH($C$11,$B$4:$C$9,0), FALSE) |D. =VLOOKUP($C$11,$B$5:$C$9,2,FALSE) E. IF(AND($C$11="Asset turnover ratio",$C$12="1.35"), MATCH($C$11,$B$4:$C$9,0),0)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Which formulas are entered in cell C12 to return the value for the asset turnover ratio from existing ratios?

 

You are working as a financial analyst, creating monthly financial ratio analyses. Which of the following formulas are entered in cell C12 to return the value for the asset turnover ratio from existing ratios? -23 1 st 4 5 6 7 8 9 10 OF 11 12 13 14 A 1 B Ratio name Current ratio Debt to equity ratio Asset turnover ratio Return on equity ratio Liquidity ratio Ratio name Ratio value fx с Value 2.4 0.84 1.35 0.31 0.93 Asset turnover ratio 1.35 Select all answers that apply: A. =INDEX($C$5:$C$9,MATCH($C$11,$B$5:$B$9)) B. =IF($C$11="Asset turnover ratio", MATCH($C$11,$B$4:$B$9,0), FALSE) |C. =HLOOKUP($C$11,$B$4:$C$9,MATCH($C$11,$B$4:$C$9,0),FALSE) D. =VLOOKUP($C$11,$B$5:$C$9,2,FALSE) | E. =IF(AND($C$11="Asset turnover ratio",$C$12="1.35"),MATCH($C$11,$B$4:$C$9,0),0)
Transcribed Image Text:You are working as a financial analyst, creating monthly financial ratio analyses. Which of the following formulas are entered in cell C12 to return the value for the asset turnover ratio from existing ratios? -23 1 st 4 5 6 7 8 9 10 OF 11 12 13 14 A 1 B Ratio name Current ratio Debt to equity ratio Asset turnover ratio Return on equity ratio Liquidity ratio Ratio name Ratio value fx с Value 2.4 0.84 1.35 0.31 0.93 Asset turnover ratio 1.35 Select all answers that apply: A. =INDEX($C$5:$C$9,MATCH($C$11,$B$5:$B$9)) B. =IF($C$11="Asset turnover ratio", MATCH($C$11,$B$4:$B$9,0), FALSE) |C. =HLOOKUP($C$11,$B$4:$C$9,MATCH($C$11,$B$4:$C$9,0),FALSE) D. =VLOOKUP($C$11,$B$5:$C$9,2,FALSE) | E. =IF(AND($C$11="Asset turnover ratio",$C$12="1.35"),MATCH($C$11,$B$4:$C$9,0),0)
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