Larry, being a corn farmer, is most likely to benefit from utilizing commodity futures contracts for hedging against the uncertainty of future corn prices.
Commodity futures contracts allow farmers like Larry to lock in a predetermined price for their corn harvest before it is ready for market. By entering into a futures contract, Larry can sell his corn at a specified price at a future date, thereby protecting himself from potential price fluctuations or market uncertainties.
Here's how it works:
Larry anticipates the future sale of his corn crop.
He enters into a futures contract with a buyer, such as a grain processor or trader.
The futures contract specifies the quantity of corn, the delivery date in the future, and the agreed-upon price.
Regardless of whether the market price of corn rises or falls by the delivery date, Larry is obligated to sell his corn at the predetermined price specified in the futures contract.
If the market price is lower than the predetermined price, Larry benefits because he can still sell his corn at the higher price specified in the contract, thus mitigating potential losses.
On the other hand, if the market price is higher than the predetermined price, Larry may not benefit from the price increase, but he has locked in a guaranteed price for his crop.
By utilizing commodity futures contracts, Larry can protect himself from adverse price movements and provide some certainty and stability to his farm's revenue. It helps him manage the risks associated with unpredictable market conditions and provides a degree of financial security for his corn production.
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True/False
the management of an llc (including members and non-members serving in that role) owe fiduciary duties to act for the benefit of the llc and its members as a whole in a manner similar to the fiduciary duties of corporate officers and directors owed to the corporation and shareholders as a whole.
True. The management of an LLC, whether they are members or non-members serving in that role, owe fiduciary duties to act in the best interests of the LLC and its members as a whole.
This duty is similar to the fiduciary duties that corporate officers and directors owe to the corporation and its shareholders. When someone puts their confidence in another person to complete a task, that person must complete the assignment correctly and then thoroughly investigate LLC it while keeping their good faith in mind.
The other person wants you to be dependable and cautious, access the roles specified and behave in accordance with them since he has placed too much faith in you.
Directors must act in good faith towards the organisation in order for it to achieve its objectives, as required by their duties of supervision and loyalty.
As it requires the directors to use caution, leadership, and good faith in all their actions.
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The population of Charlotte, North Carolina, can be approximated by an exponential function. The population in Charlotte was 396,000 in 1990 and 872,000 in 2018. Create a function that finds the population of Charlotte, C, in thousands t years after 1990.
\(C(t)=396(1. 045)^t\)
\(C(t)=396(1. 029)^t\)
\(C(t)=872(1. 029)^t\)
\(C(t)=872(1. 202)^t\)
The function that finds the population of Charlotte, C, in thousands t years after 1990 is C(t) = 396(1.045)^t.
In the given options, the correct function is C(t) = 396(1.045)^t. This function represents an exponential growth model where the initial population in 1990 is 396,000 (which is equivalent to 396 in thousands), and the population grows exponentially over time with a growth factor of 1.045 per year.
To calculate the population in any given year t after 1990, we substitute the value of t into the function C(t) = 396(1.045)^t. For example, to find the population in 2018 (28 years after 1990), we substitute t = 28:
C(28) = 396(1.045)^28 ≈ 872
This matches the given information that the population of Charlotte was 872,000 in 2018. Therefore, the correct function is C(t) = 396(1.045)^t.
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*
Every year,
large public corporations commit fraud.
3 out of 7
5 out of 7
O
1 out of 7
4 out of 7
2. What are some banks, non-banks, technology and retail companies? Name 1 of each and explain what they are and what they do?
Banks are businesses that provide a range of financial services, such as mortgages, savings accounts, and loans. JPMorgan Chase, one of the biggest banks in the US, is an illustration of a bank. Financial services offered by JPMorgan Chase include banking, investing, and credit card services.
What are retail companies?Businesses that sell goods directly to customers are known as retail companies. Walmart, one of the biggest retailers in the world, is a good example of a retail business. Walmart runs a network of grocery stores, discount department stores, and hypermarkets and provides customers with a variety of goods and services.
Companies that provide financial services but lack a banking license are known as non-bank financial institutions. American Express, a provider of credit cards, debit cards, and other financial services, is one example of a non-bank financial institution.
Therefore, banks, non-banks, technology, and retail companies are stated above.
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when someone get troll and can't take a joke what would you do?
Answer:
Call them a bitc h
Explanation:
Answer:
Get rick rolled
Explanation:
-.-
“The needs of a society conflict with the goals of the financial services industry’s desire to make a profit.” Do you agree or disagree?
Answer:
I do not agree that "the needs of a society conflict with the goals of the financial services industry's desire to make a profit", but on the contrary, I consider that the economic objectives of the financial system contribute to the well-being of the individuals that make up society, with which they satisfy the needs of this in an indirect way.
I believe this because the financial system, through its will to profit, creates jobs and economic opportunities for individuals, who would otherwise be forced to meet their needs without the help of a system designed to profit as a result of work done (such as communism).
Which of these is the correct formula to calculate labor cost?
Answer: labor cost = hourly wage × total work hours
Explanation:
The labor cost refers to the the wage that's paid to an employee and thus can include the employee benefits as well.
With regards to the question, the labor cost will be the hourly wage multiplied by the total work hours. For example of the hourly wage is $15 and the total work hours is 20. Then the labor cost will be 20 × $15 = $300.
1. What is the annual percentage rate (APR) for this credit card?
2. For cash advances what is the APR?
3. What three things would move the APR for the balance on this credit card to 28.99%?
4. What is the annual fee that customers are charged for holding this credit card?
5. If you decided to transfer the balance from another credit card to this credit card, what would be the fee charged?
a. What would be the APR charged for the transferred balance?
6. What is the fee for a cash advance?
7. If you use this credit card in a foreign country, what would be the fee on each transaction you made in the foreign country?
8. If you are late on making a payment, what would be the fee charged?
9. What would be the fee charged if you went over your credit limit?
Answer:
1. For purchases, the APR during an introductory period is either 8.99% or 10.99% or 12.99% depending on creditworthiness. After the introductory period the APR is 14.99%
2. Cash advance monthly rate changes based on what the Prime Rate is that month + 14.99% so if the prime rate is 3, add 14.99 to that so 17.99% of the amount received in cash. So if you take $200 cash advance, the amount charged at 17.99% would be 0.1799 x 200 =$35.98.
3. If the card holder does any of the following: makes a late payment, goes over their stated credit limit, make an account payment that is returned, or commit the afore mentioned acts on another account held by this same creditor the APR is then increased to 28.99%.
4. The annual fee charged for the credit card is $20.
5. The fee for a balance transfer is Either $5 or 3% of the amount that is transferred or $100 (whichever is greater) to this card from another account.
a. The APR charged for a balance transfer is 15.99%, but would vary based on the market Prime Rate.
6. Fee for cash advance is $5 or 3% of the amount of cash advance taken - whichever amount is largest.
7. 2% of the amount charged (in US dollars) in a transaction.
8. A late fee of $25 will be charged on an account with a balance of $999 or less. If the account balance if over $1000 the late fee of $35 will be charged and the APR will increase to 28.99%.
9. A fee of $29 is charged for accounts that exceed the credit limit in addition to an APR increase to 28.99%
Explanation: explanations are with the answers listed above.
The research and development team of BB Beverages has discovered that, during the testing process, one of their highly profitable new beverages contains ingredients that may cause liver damage in humans if consumed regularly over time. Additionally, the team also acknowledged that the plant that manufactures this beverage draws healthy groundwater which could cause a water shortage in areas surrounding the plant. Based on these findings, management has halted its production of this beverage until a solution can be found that does not adversely affect its consumers and the environment. Given this decision, it is evident that BB Beverages embraces a ______ orientation.
Answer: Societal Marketing
Explanation:
Based on the information given in the question, we can deduce that BB Beverages embraces a societal marketing orientation.
Societal marketing orientation occurs when the marketing decisions that are made by companies benefutbthe society as a whole and that the satisfaction of their wants isn't at the detriment of the society.
This is shown when the activities of the company can being about a water shortage in areas surrounding the plant which led to the company stopping production.
Which of the following are examples of limited resources on the part of consumers?
product and space
money and product
time and money
space and time
Answer:
The answer is time and money
Explanation:
I took the test on edge
Examples of limited resources on the part of consumers are time and money.
What are limited resources?
Limited resources are resources that can be depleted. They are of limited availability. As these resources are used, they decline.
For example, no one has an unlimited supply of money. As money is spent, the amount of money one has reduces. Also, time is limited. One has 24 hours in a day.
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the purchase of goods and services, the sale of goods and services to customers, and costs to operate the business are all reported on the statement of cash flows under?
the purchase of goods and services, the sale of goods and services to customers are all reported on the statement of cash flows under Operating activities.
The tasks a company performs that are directly relevant to offering its products and/or services to the market are referred to as operating activities. A product or service is manufactured, distributed, marketed, and sold. These are the company's primary commercial activities.
The majority of an organization's cash flow often comes from its operating operations, which also heavily influences its profitability. Cash receipts from sold goods, employee paychecks, tax payments, and payments to suppliers are a few typical operating activities.
The income statement and cash flow statement, in particular, can be found on a company's financial statements.
Operating activities are different from investing and finance activities, which are corporate tasks unrelated to the delivery of goods and services.
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Nên lựa chọn hình thức và lĩnh vực kinh doanh nào khi bắt đầu khởi sự kinh doanh, tại sao.?
Explanation:
she or he is asking
Which business form and field should be chosen when starting a business, why.?
bought a computer for ra 25000
double column cash book with discount and cash column
Answer:
Explanation:
41,900
June 01 Balance b/d 16,300
Answer:
41,900
June 01 Balance b/d 16,300
Explanation:
As an upcoming project manager, you are required to write a short paper on the following topic to be delivered at an upcoming project management conference in Gaborone. Projects managers bave existed time in memorial. However, the work of a contemporary project manager is challenged by many issues. Identify five issues that a contemporary manager is likely to face today while implementing projects as opposed to their counterparts in olden times.
Contemporary project managers face several challenges that differentiate them from their counterparts in the past. Five key issues they are likely to encounter today include increased complexity, globalization, rapid technological advancements, stakeholder management, and changing market demands.
Contemporary project managers face increased complexity compared to their counterparts in the past.
Projects today often involve multiple stakeholders, intricate supply chains, and interconnected systems, requiring managers to navigate complex organizational structures and dynamic environments.
Globalization is another challenge faced by contemporary project managers. Projects are frequently executed across different geographical locations, involving diverse cultures, regulations, and communication challenges.
Managers must possess the skills to effectively collaborate and manage teams across borders.
Rapid technological advancements present both opportunities and challenges for project managers.
The integration of emerging technologies, such as artificial intelligence, internet of things, and big data, requires managers to adapt to new tools, processes, and methodologies to ensure successful project implementation.
Effective stakeholder management is crucial in contemporary project management.
Project managers must engage and align the expectations of various stakeholders, including clients, team members, sponsors, and communities, to ensure project success and maintain positive relationships.
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Eliza Conner owns a small clothing boutique. Eliza uses her personal checking account for both business and personal needs. How would you convince Eliza that she should open a separate
bank account for her business?
Answer:
1. It will cause them confusion throughout the tax calculating process.
2. Using a single account will make it difficult to keep payroll records.
3. Keep track of your personal expenses and earnings.
Explanation:
1. It is preferable to establish a separate account to separate the firm's actual income and expenses.
2. Payroll expenses are indistinguishable from personal expenses.
3. This allows you to cross-check bank and hand-made documents for income and expenses. Because cash transactions may not be recorded in the bank account, the entrepreneur should preserve receipts in order to compute revenue and expenses, which may result in erroneous financial statements.
posing as platinum bank, quentin e-mails rachel, asking her to update her personal banking information through a link in the e-mail. she clicks on the link and types in the data, which quentin promptly sells to spence. this is:
The action which Quentin performed by acting as an impostor in other to illegally obtain information is called identity theft.
Fraudulent action performed by using using a false identity to obtain sensitive information from persons or clients is usually referred to as identity theft.
It is usually performed by designing a clone identity which is similar to that of the actual service provider or organization, this allows them to deceive clients and interact with them thinking they are relating with their service provider.
This then allows clients feel free to send sensitive information requested from them.
Therefore, Quentin falsely acted as being platinum bank, which allows him to obtain sensitive details from the customer who thinks he's in talk with platinum is an act of identity theft by Quentin.
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The risk-free rate is 6% and the market risk premium is 5%. Your $1 million portfolio consists of $700,000 invested in a stock that has a beta of 1.2 and $300,000 invested in a stock that has a beta of 0.8. Which of the following statements is CORRECT? ?Answer
a. If the risk-free rate remains unchanged but the market risk premium increases by 2%, your portfolio's required return will increase by more than 2%.
b. If the market risk premium remains unchanged but expected inflation
increases by 2%, your portfolio's required return will increase by more than 2%.
c. The portfolio's required return is less than 11%.
d. The required return on the market is 10%.
e. If the stock market is efficient, your portfolio's expected return should equal the expected return on the market, which is 11%.
A is the answer to this problem. If the risk-free rate remains unchanged but the market risk premium rises by 2%, your portfolio's required return will increase by more than 2%.
What Is a Market Risk Premium?The market risk premium is the difference between the expected return on a market portfolio and the risk-free rate (MRP).
The market risk premium is equal to the slope of the securities market line (SML), a graphical representation of the capital asset pricing model (CAPM).
What is meant by "risk-free rate"?The hypothetical rate of return on a risk-free investment is known as the risk-free rate. As a result, it serves as the standard for other investments with risk components.
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Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.
MAY ACCOUNTS
REVENUE
FIXED EXPENSES
VARIABLE EXPENSES
CARD PURCHASE $300
DOG FOOD
CAT FOOD
PET TREATS
PET SUPPLIES
$3,650
$2,850
$1,650
$1,800
RENT
$2,000
SALARIES
$2,000
UTILITIES
$1,000
PRODUCT STOCK $4,000
TOTAL
$9,950
TOTAL
$9,000
TOTAL
$300
ENTER MIA'S TOTAL PROFIT/LOSS FOR THE MONTH IN THE BOX BELOW, THEN CLICK SUBMIT.
$1 X
SUBMIT
Answer:none
Explanation:
Answer:
Explanation: The answer is 650
Which of the following is necessary for an economy to self-adjust fairly quickly, according to classical economists?
A. the use of monetary policy
B. flexible wages and prices
C. the use of fiscal policy
D. a high unemployment rate
The use of monetary policy is necessary for an economy to self-adjust fairly quickly, according to classical economists.
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources.
A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone.
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Which technologies have made global communication instant and more effective? Choose three answers.
social media
wireless devices
smart phones
automobiles
printed newspapers
The technologies that made global communication instant and more effective were social media, wireless devices, and smart phones.
The speed of communication made possible by technological developments has increased the social and economic interaction between countries, making the development of globalization possible.
Through instant communication through means that use the internet, it is possible for people to communicate from anywhere in the world quickly and cheaply.
Therefore, the effects of new communication technologies made possible business in other countries and the formation of multicultural environments.
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Answer: a b c
Explanation:
just took the unit
the economic interests of the providers of financial information and the users of the information are the same, and this common interest creates the demand for an annual independent audit.
The economic interests of the providers of financial information and the users of the information are the same, and this common interest creates the demand for an annual independent audit. This is a game statement.
What is audit?It should be noted that audit simply means the official inspection of an entity or a company. It's the financial inspection.
The goal of an audit is to determine if the financial report's contents, when taken as a whole, accurately portrays the organization's financial situation at a specific time.
In this case, the economic interests of the providers of financial information and the users of the information are not the same,
Therefore, it's false.
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What does IRS stand for?
internal revenue service
QUESTION TWO [25] Consider the following and answer the questions that follow: A customer’s decision to purchase a specific product or service is based on the cost and the perceived value. The following figure depicts four quadrants based on the cost/price component (vertical axis) and the perceived quality or value (horizontal axis) A Opportunistic Strategies in this quadrant are generally not sustainable, but may be possible under specific conditions B Premium Strategies in this segment rely on achieving high profit margins C Economy Strategies in this segment rely on reducing production cost and price and rely on high sales volumes or competing is segments less attractive to competitors D Best value Strategies in this quadrant rely on providing good quality at attractive prices and achieving sales volumes (AdaptedfromLouw and Venter, 2011) 2.1Describe, using appropriate examples, the strategies mentioned in quadrants B, C and D showing the relative advantages and disadvantages of each.
Quadrant B strategies involve offering premium products or services at a higher cost, with the goal of achieving high profit margins.
Quadrant C strategies involve offering economy products or services at a low cost, relying on high sales volumes or competing in segments less attractive to competitors.
Quadrant D strategies involve offering best-value products or services at attractive prices, and achieving sales volumes.
These strategies require targeting high-end customers who are willing to pay for quality. An example would be luxury cars, with features and technology that add to the cost but may be perceived as valuable by the customer. The main advantage of this approach is that the high profit margins can make up for any decrease in volume of sales. The main disadvantage is that it can be difficult to find a large enough customer base that is willing to pay premium prices.
An example would be generic groceries, with simple products that are much cheaper than brand-name versions. The main advantage of this approach is that the low cost makes it attractive to a larger customer base. The main disadvantage is that it can be difficult to compete in already saturated markets.
An example would be mid-range electronics, with features and technology that are sufficient for most customers at a price point that is lower than premium options. The main advantage of this approach is that the attractive prices can appeal to a wide range of customers. The main disadvantage is that the profits from each sale may be lower than those from premium options.
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Question 10
Bond A is a zero-coupon bond paying $100 one year from now. Bond B is a zero-coupon bond paying $100 two years from now. Bond C is a 10% coupon bond that pays $10 one year from now and $10 plus the $100 principal two years from now. The yield to maturity on bond A is 10%, and the price of bond B is $84.18. Assuming annual compounding, what is the yield to maturity on Bond B?
The yield to maturity on Bond B is 8.99%
What is bond price?
The bond price today is the present value of its future cash flow, in essence, for bond B, that is paying $100 2 years from now , the price today is the present value of $100 discounted at the yield to maturity.
In essence, we can compute the yield to maturity on bond B using the present value formula of a single cash flow as shown below:
bond price=face value/(1+YTM)^N
bond price=$84.18
face value=$100
YTM=yield to maturity of bond B=unknown
N=number of years before the bond matures=2
$84.18=$100/(1+YTM)^2
$84.18*(1+YTM)^2=$100
(1+YTM)^2=$100/$84.18
divide index on both sides by 2
1+YTM=($100/$84.18)^(1/2)
YTM=($100/$84.18)^(1/2)-1
YTM=8.99%
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briefly describe (illustrate) the cost allocation process. (to keep things simple, use the direct method for your illustration.)
The cost allocation process involves identifying and assigning costs to activities, people, projects or any other cost objects.
What is cost allocation process?Cost allocation is the process of determining and assigning costs to activities, people, projects, or any other cost items. Profitability is determined, costs are allocated equally among departments, and transfer prices are generated. In essence, it improves decision-making and aids in the evaluation of financial performance.
Cost allocation is the act of identifying and assigning costs to the cost items in a corporation, such as products, projects, or even an entire department or independent business branch.
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Why is the marginal tax rate always higher than the effective tax rate?
The marginal tax rate is always higher than the effective tax rate because it is the rate that is applied to the next dollar earned, while the effective tax rate is the average tax rate paid on all income earned.
This means that as income increases, the marginal tax rate also increases, while the effective tax rate may not necessarily increase at the same rate. While the effective tax rate is the average tax rate applied to all income. Marginal tax rates increase as income increases because they are designed to be progressive, meaning that those who earn more income pay a higher percentage of that income in taxes. On the other hand, effective tax rates may not increase as income increases because they are influenced by various deductions, credits, and exemptions that taxpayers are eligible for.
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What risk factor is present while leaning your forearms onto the sharp edge of a counter?.
The most probable risk factor associated with the leaning of forearms on the sharp edge of a counter is getting an injury on the forearms by creating pressure on the skin.
What is a risk factor?A risk factor is the increased possibility of having an injury or infection. It can be due to the happening of any event or the presence of any harmful object which leads to that injury or infection.
When an individual bends his/her forearm over the sharp edge of the counter, then it leads to the pressing of the skin present on the forearms against the sharp edge. There is a layer, called epidermis present on the skin which gets injured very badly due to the sharp edge and creates marks or strokes on the forearm.
Therefore, the pressure on the skin is the risk factor present when leaning the forearms on the sharp edge.
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use the general slicing method to find the volume of the following solid. the solid with a semicircular base of radius whose cross sections perpendicular to the base and parallel to the diameter are squares
To find the volume of a solid with a semicircular base of radius r whose cross-sections perpendicular to the base and parallel to the diameter are squares, you can use the general slicing method.
The equation for a semicircle is x2 + y2 = r2 and the equation of a square is x2 + y2 = a2, where a is the length of the side of the square. The integral for the volume would be:
V = ∫[0,2π] ∫[0,a] x √(r2 - x2) dxdy
To solve this integral, you can use a double integration technique by splitting it into two separate integrations, one for the inner integral and one for the outer integral. The inner integral should be evaluated first, and the outer integral should be evaluated with the result of the inner integral. The result of the integration should be the volume of the solid.
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Marcel wants to open a car wash after graduating from high school. For several days, he observed the cars being washed at a local car wash and recorded the following information: Day 1 Day 2 Day 3 Day 4 Day 5 Day 6 50 cars 45 cars 48 cars 26 cars 47 cars 55 cars What is the average number of cars washed each day? If the car wash were open only five days a week, how many cars might be washed per year? (Hint: There are 52 weeks in a year.)
The average number of cars washed each day is 45 cars and the total number of cars washed in a year is 11,700.
What is mean?In statistics, in addition to the mode and median, the mean is one of the measures of central tendency. Simply put, the mean is the average of the values in the given set. It indicates that values in a particular data set are distributed equally. The three most frequently employed measures of central tendency are the mean, median, and mode. The total values provided in a datasheet must be added, and the sum must be divided by the total number of values in order to determine the mean.
Given a table for car washing each day,
Day 1 Day 2 Day 3 Day 4 Day 5 Day 6
50 45 48 26 47 55
Average for cars washed each day,
Average = sum of cars washed/number of days
sum of cars washed = 50 + 45 + 48 +26 + 47 + 55
the sum of cars washed = 271
total days = 6
average = 271/6 = 45.1667
average car washed each day = 45
If the car wash were open only five days a week, how many cars might be washed per year,
total car washed in year = (number of days)(average car washed)(year week)
total car washed in year = 5 x 45 x 52
total car washed in year = 11,700
Hence average car washed each day is 45 and the total car washed in a year is 11,700.
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What formula would be used to add two cells together after the equal sign?
A. Column#Row#-Column#Row#
B. Row#Column#+Row#Column#
C. Row#Column#+Column#Row#
D. Column#Row#+Column#Row#
Answer:
D. Column#Row#+Column#Row#
Explanation:
A spreadsheet can be defined as a file or document which comprises of cells in a tabulated format (rows and columns) typically used for formatting, arranging, analyzing, storing, calculating and sorting data on computer systems through the use of Microsoft Excel.
Microsoft Excel is a software application or program designed and developed by Microsoft Inc., for analyzing and visualizing spreadsheet documents.
In Microsoft Excel, the SUMIF function is a function that is designed to used to sum cells that meet criteria such as text, dates, and numbers. Also, this function can be used with the following logical operators; <, >, and =.
On a related note, the formula that would be used to add two cells together after the equal sign is Column#Row#+Column#Row#.
For example, A10B2 + A14B3.