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- numerator / denominatorTo calculate a ratio in Excel, you can use the formula: = numerator / denominator Simply replace the “numerator” and “denominator” with the appropriate cell references or values. Press Enter to get the ratio value. Remember, make sure the values you input are in corresponding cells to ensure accurate calculations.www.efinancialmodels.com/calculating-ratios-in-excel-a-comprehensive-guide/
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