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fiasKO [112]
3 years ago
12

What are examples of criteria used in conditional formatting? Check all that apply. less than equal to added to divided by great

er than multiplied by
Business
1 answer:
natima [27]3 years ago
3 0

Answer:

  • Less than
  • Equal to
  • Greater than

Explanation:

Considering the listed options, the criteria used in conditional formatting are Less than, Equal to and Greater than

To make use of conditional formatting, follow the highlighted steps

1. Highlight cells that you want to format

2. Goto Home tab -> Styles -> then select Conditional Format

3. Select Highlight Cells Rules

4. Select the format type (this is where you get to pick either of greater than, equal to less than, etc.)

5. Enter the format value and how it is to be formatted

6. Press OK

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Michael (single) purchased his home on July 1, 2009. He lived in the home as his principal residence until July 1, 2017 when he
Nadya [2.5K]

Answer:

correct option is C. $250,000

Explanation:

given data

sold the home and gain = $300,000

to find out

amount of the gain allowed to exclude from gross income

solution

we know that Michael owned the property for the 10 years

so here Michael is not allowed to exclude the gain = 10 % that is $30,000

and The maximum gain exclusion permitted =  $250000

so here Michael will recognize $50,000 because amount exceed $250,000 for a single taxpayer and exclusion of gain on sales of property tax payer need to own and occupy the property as principle residence for the  2 out of 5 year immediately preceding the sales

so here correct option is C. $250,000

5 0
4 years ago
Suppose the Federal Reserve increases the amount of reserves by $100 million and the total money supply increases by $500 millio
dimulka [17.4K]

Answer:

a.  The money multiplier is 5.

b. The Total money supply will increase by $250 million.

Explanation:

According to the given data we have the following:

Increase in amount of reserves by Fed = $100 million

Increase in money supply = $500 million

Therefore to Calculate the Money multiplier we have to use the following equation:

Increase in money supply = Increase in reserves×Money multiplier

So, Money multiplier = Increase in money supply/Increase in reserves

                                  = $500 million/$100 million

                                 = 5

a.  The money multiplier is 5.

If there is anIncrease in amount of reserves by Fed = $50 million  and the Money multiplier = 5 , therefore to Calculate increase in money supply we calculate the following:

Increase in money supply = Increase in amount of reserves by Fed * Money multiplier

                                            = $50 million  

                                           = $250 million

b. The Total money supply will increase by $250 million.

7 0
4 years ago
A ___________ is established when an individual confers legal title to property to another person or institution to manage the p
swat32

Answer:

personal trust

Explanation:

3 0
3 years ago
Kate could not attend the last shareholders' meeting and thus she granted the authority to vote on her behalf to the managers of
Brums [2.3K]
<span>Kate could not attend the last shareholders' meeting and thus she granted the authority to vote on her behalf to the managers of the firm. The term that applies to this granting of authority is <u>proxy.
</u>
<u />Proxy refers to the voting mechanism where a person who is not able to attend the voting grants her or his permission to the members of the decision-making process to make that decision in her stead. The other forms still include that person voting on his or her own, and not someone else instead of them.<u>
</u>
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8 0
3 years ago
A company with a break-even point at $900,000 in sales revenue had fixed costs of $225,000. When actual sales were $1,000,000, v
katrin2010 [14]

Answer:

a.  $100,000

b.  10%

c.  25%

d.  $25,000

Explanation:

a.

The MOS (Margin of Safety) means the excess sales over Break Even Point (the point of 0 profit).

Now formula is:

<u>Margin of Safety = Actual Sales - Break Even Sales</u>

So,

MOS = 1,000,000 - 900,000 = $100,000

b.

This is the previous answer as a percentage of total sales, which is 1,000,000. So we have the formula and answer:

<u>Margin of Safety Percentage = Margin of Safety / Actual Sales</u>

So,

MOS (%) = 100,000/1,000,000 = 10%

c.

THe contribution margin ratio is the company's sales minus variable costs expressed as a ratio/percentage. The formula is:

<u>Contribution Margin Ratio = (Sales - Variable Costs) / Sales</u>

So,

CM Ratio = (1,000,000 - 750,000) / 1,000,000

CM Ratio = 25%

d.

The operating income is what a company has after it has subtracted both variable and fixed cost from its sales. The formula is:

<u>Operating Income = Sales - Variable Costs - Fixed Costs</u>

OI = 1,000,000 - 750,000 - 225,000 = 25000

OI = $25,000

5 0
4 years ago
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