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)

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 6MCQ
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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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