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oksian1 [2.3K]
3 years ago
5

E. In cell L16, enter a formula using the AVERAGEIF function that averages the budget amounts for Action movie projects

Business
1 answer:
mrs_skeptik [129]3 years ago
8 0

The purpose of an AVERAGEIF function is to help one find the average of numbers that meet a certain criteria within a dataset.

<h3>What does an AVERAGEIF function do?</h3>

The full question is not provided so the best I can do is to provide a general overview.

An averageif function is available in spreadsheets and is used to find the average of numbers in a range of data that meet a certain criteria.

For instance, if you want to average the budget amounts for Action movie projects, a relevant formula would be:

= AVERAGEIF(Projects, "Action movie", Projects[Budgets])

Find out more on the Averagif function at brainly.com/question/19595618.

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A portfolio of stocks may achieve diversification benefits if the stocks that comprise such portfolio are:____.
Vanyuwa [196]

A portfolio of stocks may achieve diversification benefits if the stocks that comprise such portfolio are not perfectly positively correlated.

A stock portfolio is a collection of stocks that are invested in with the hope of making a profit. By putting together a diverse portfolio that spans various sectors individual  will be able to become a more resilient investor.

This is  because if one sector takes a hit, the investments  held by you  in other sectors aren’t necessarily affected.

When assembling a stock portfolio, it’s important to have the organizational goals in mind beforehand. That way the  decision-making process is guided by reason as opposed to emotion.

To know more about stock portfolio here:

brainly.com/question/13463364

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4 0
2 years ago
On January 8, Lowrence Co. issued a $60,000, 120-day discounted note to Raines Bank. The discount rate is 8%. Assuming a 360-day
Salsk061 [2.6K]

Answer:

a. $58,400

Explanation:

A discounted note, will make the person receive a lesser amount than the amount due at maturity. This way the person who grants the note is receiving interest for borrowing.

<em><u>Calculations</u></em>

principal x discount rate x time = discount

<em><u>Where</u></em> rate and time should be expressed in the same metric IE if the rate is annual express time in portion of years if it is monthly, in months.

60,000 x 0.08 x 120/360 = 1,600

Now, we subtract this amount form the nominal:

nominal - discount = net

60,000 - 1,600 = <u>58,400</u>

6 0
4 years ago
Read 2 more answers
Identify two benefits of drawing up a business plan.
VashaNatasha [74]

Answer:

Here are four benefits of a business plan:

You can get outside funding. To get funding from lenders or investors, you need to show a business plan. ...

You gain an understanding of your market. ...

You focus your strategies. ...

You can check the financial numbers.

Explanation:

5 0
3 years ago
A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured
Dennis_Churaev [7]

A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured as a ________ organization.

A. Functional

B. Balanced matrix

C. Weak matrix

D. Strong matrix

E. Project

A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured using<u> Project organization.</u>

Answer: Option E

<u>Explanation:</u>

Projectized or Project organization as the name suggests, focus on the projects and various process related to those projects. Project organization is different from the rest of the organizations in a sense that it works as a separate unit.

In this type of organizational structure the project manager is on the top and he is the sole decision maker regarding all the projects. The rest of the team members report to the project manager, whereas the roles and responsibilities are divided amongst the members.

4 0
3 years ago
2. As a teenager, why might creating a budget be important?
Vadim26 [7]

A budget can help teens start to discern between genuine needs and wants and will show them where their money is going each month. A good budget will provide for both needs and at least some wants and should be flexible and relatively easy to use and understand.

6 0
3 years ago
Read 2 more answers
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