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deff fn [24]
4 years ago
14

You have been using a variety of nested IF functions to calculate costs in your spreadsheet when a colleague stops by and commen

ts on what you have been working on, suggesting that there is an easier approach to use.
You implement the VLOOKUP formula at your colleague’s suggestion, but you get the #VALUE! error as the result of the formula. Which of the following is likely true?
a. You might have entered a table name for the table_array value instead of the cell reference of the lookup table.
b. You might have indicated that the compare values are a range of values instead of an exact match.
c. You might have entered a number for the col_index_num instead of a letter.
d. You might have entered a letter for the col_index_num instead of a number.
Business
1 answer:
Tresset [83]4 years ago
6 0

Answer:

d. You might have entered a letter for the col_index_num instead of a number.

Explanation:

The answer is the option d.

In the col_index_num, we have to provide of the column number we want to refer to. In case some letter is typed by mistake, it will give an error.

An argument col_index_num of 1 returns the value in the first column; a col_index_num of 2 returns the value in the second column in table_array, and so on.

Excel returns an error value if the argument is a text, as well as if it is less than 1 or greater than the number of columns.

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You are part of a group, making a decision about whether it is appropriate to discontinue research on a new drug. This new drug
Rufina [12.5K]

Answer: An escalation of commitment

Explanation:

Carrying out projects can be capital, time and energy intensive. Most times they could result to a positive progress or result and other times they may not but the area of changing minds on a project that has had a great ton of investment is usually hard except there is nothing that would be gotten from it. When so much time and resources has been put into a project and there is no plan for a change such commitment is called an escalation of commitment

6 0
3 years ago
Ben gordon, inc. manufactures 2 products, wheels and seats. the company has estimated its overhead in the assembling department
k0ka [10]
The number of parts used for the wheels is,
                                (300,000 wheels) x (2 parts/wheel) = 600,000
For the seats,
                             (600,000 seats) x (3 parts/seat) = 1,800,00
From the calculation above, the ratio of wheels to total number of parts is 0.25 which means that the overhead allocated for the wheels should be equal to $165,000. The rest of the money should be for Sam, totaling to $495,000. 
8 0
3 years ago
Flagg records adjusting entries at its December 31 year-end. At December 31, employees had earned $13,600 of unpaid and unrecord
lyudmila [28]

Answer:

Salaries expense A/c Dr $34,000

     To Cash A/c $34,000

(Being the salary is paid for cash is recorded)

Explanation:

The journal entry is shown below:

On January 3

Salaries expense A/c Dr $34,000

     To Cash A/c $34,000

(Being the salary is paid for cash is recorded)

Since salary is paid so we debited the salary expense account and the cash is reduced so cash account should be credited.

The options which are given are not correct. So, ignored it

6 0
3 years ago
Chester has negotiated a new labor contract for the next round that will affect the cost for their product Camp. Labor costs wil
PolarNik [594]

Complete Question:

Chester has been selling widgets for $10, total variable costs are $4.40 and fixed costs are $100,000.

Chester has negotiated a new labor contract for the next round that will affect the cost for their product Cid. Labor costs will go from $2.79 to $3.39 per unit. Assume all period and other variable costs remain the same.

If Chester were to absorb the new labor costs without passing them on in the form of higher prices, how many units of product Cid would need to be sold next round to break even on the product?

Answer:

Chester

Break-even point = Fixed costs/Contribution margin per unit

= $100,000 / $5

= 20,000 units

Explanation:

a) Data and Calculations:

Selling price = $10

Old variable cost = $4.40

Additional variable cost = $0.60

New variable costs = $5 ($4.40 + $0.60)

Contribution per unit = Selling price minus variable cost per unit

= $5 ($10 - $5)

Fixed costs = $100,000

b) Chester's Break-even point (in units) is the number of units of a product  Camp that Chester requires to sell in order to recover her fixed costs.  The information provided by break-even analysis guides Chester in making decisions for the production of Camps and its marketing.  Without identifying the units of Camp to be produced and sold in order to remain in business, all things being equal, Chester might short-produce or short-sell Camps and run the business unprofitably.

5 0
3 years ago
Two investment advisors are comparing performance. Advisor A averaged a 20% return with a portfolio beta of 1.5 and Advisor B av
Phantasy [73]

Answer:

Advisor A

Explanation:

t bill rate = 0.05

market rate = 0.13

the beta of the market is always 1

the rate of return= 0.05 + (0.13 - 0.05) x 1

= 0.13

which is 13%

<u>this</u><u> </u><u>is</u><u> </u><u>fo</u><u>r</u><u> </u><u>adviso</u><u>r</u><u> </u><u>A</u><u>.</u><u> </u>

with a return of 20% and 1.5 beta

0.05 + ( 0.20 - 0.05) x 1.5

= 27.5% <u>for</u><u> </u><u>adviso</u><u>r</u><u> </u><u>b</u>

when the return is 15% and beta is 1.2

0.05 + (0.15 - 0.05) x 1.2

= 17%

<u>Therefore advisor a is better</u>

3 0
3 years ago
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