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gizmo_the_mogwai [7]
2 years ago
11

Nathan wants a formula to return "YES" if the value in cell A1 is less than the value in cell B1, and to return "No" otherwise.

Which of the following functions should he use?
Business
1 answer:
notsponge [240]2 years ago
5 0

Answer:

IF function

Explanation:

The options to the question are missing; however, I'll assume the question related to Microsoft Office Excel.

To do the task in the question, Nathan can only make use of the IF function.

This is so, because the question relates to conditional statement.

The full if statement is:.

=IF(A1 < B1, "YES","NO")

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The Motor Works is considering an expansion project with estimated fixed costs of $87,000, depreciation of $22,900, variable cos
Zielflug [23.3K]

Answer:

Break Even in Units 142,193

Explanation:

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

28.5 - 22.37 = 6.13

This is the margin per unit to afford the fixed cost and generate a profit

Monetary Fixed cost:

87,000

Depreciation is a non-monetary concept, we are asked for a cash basis so we don't include it.

I'm assuming the 87,000 fixed cost do not include the depreciation so it will be ignored.

If the fixed cost include the depreciation then we should subtract depreciation and calculate with the answer.

\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}

87,000/6.13 = 142,192.50 = 142,193

6 0
2 years ago
The following journal entries were prepared by an employee of International Marketing Company who does not have an adequate know
Helen [10]

Answer:

April 1st

accounts receivable    15,800 debit

           accounts payable         15,800 credit

_____________________________________

telephone expense     1,200 debit

        cash                             1,200 credit

_____________________________________

cash       9,500  debit

  equipment      8,200 credit

  supplies             900 credit

-- to eliminate a wrong post---

supplies        900 debit

equipment 8,200 debit

      cash           9,500 credit

--to record the correct transaction--

___________________________________

Net effect on assets:

AR 15,800

Cash Decrease by 1,000

Explanation:

April 1st: we should use account receivable as we are going to receive cash in the future. We aren't going to pay it.

this will increase assets by 15,800 rather than decrease liabilities.

April 2nd: It should be backwards.

the effect will be a decrease in cash for 1,200 (600 to amend the mistake and 600 to show a disbursement

April 3rd we should decrease cash by 400 as the sum of the purchase is 9,100 not 9,500

As we can't you put a debit on cash we reverse the wrong entry adn do the proper one.

Real effect:

7 0
2 years ago
Read 2 more answers
Truman Pao was sitting in a stockholder meeting for a company that manufactures African-American beauty aids. Pao was startled w
Vadim26 [7]

Answer:

Part of the grievance procedure.

Explanation:

These procedures are a way of resolving conflicts that can be used by companies to address comments or complaints of other parties (employees, suppliers, etc.)

3 0
2 years ago
Suppose a year ago the exchange rate between Mexican pesos and dollars was 13.5 pesos per dollar, and that according to relative
Greeley [361]

Answer:

Correct option is E.

<u>14 pesos per dollar</u>

Explanation:

The exchange rate between Mexican pesos and dollars was 13.5 pesos per dollar.

According to the relative Purchasing Power Parity (PPP), the exchange rate was in equilibrium. But now,

Mexican inflation = 10%

U.S inflation = 3%

Now the Mexican peso is overvalued by = 10% - 3% = 7%

So, the possible increase in exchange rate (of pesos per dollar) considered with this assertion is = Exchange rate of pesos per dollar * Inflation rate

= 13.5 * 7%

= 13.5 * 7/100

= 0.945

The possible in exchange rate = Previous Exchange rate + Increase in exchange rate

= 13.5 + 0.945

= 14.445

= 14.4 (rounding off)

=14

7 0
2 years ago
True or False: There is a government mandated outline that you must use for a business plan.
Oksanka [162]
(True) udiensjdbdid so
5 0
2 years ago
Read 2 more answers
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