Thank you for visiting Using the data in the Alphabet Financials xlsx workbook that was used in the chapter create a calculated field that shows the current ratio in. This page is designed to guide you through key points and clear explanations related to the topic at hand. We aim to make your learning experience smooth, insightful, and informative. Dive in and discover the answers you're looking for!
Answer :
Final answer:
To create a calculated field for the current ratio in the pivot table, divide current assets by current liabilities. Format the numbers with two decimal places.
Explanation:
Create a calculated field for the current ratio in the pivot table
To create a calculated field for the current ratio, you'll first need to determine the formula. The current ratio is calculated by dividing current assets by current liabilities. In the pivot table, you can create a calculated field by selecting 'Insert' and then 'Calculated Field.' Enter the formula 'Current Assets / Current Liabilities' and give the field a name. Make sure to format the numbers in the pivot table to display two decimal places.
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