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3 years ago

What value would be returned based on the formula in cell d49?

Business

1 answer:

Mice21 [21]3 years ago

8 0

Based on the information given, it should be noted that the value that would be returned will be 1.

The purpose of a COUNTIFS function is simply to be able to count the cells that would match certain criteria. In such a case, the value that is returned would be the number of times that the criteria are met.

The function is =COUNTIFS (range1, criteria1, range2, criteria2, . . . )

Therefore, it will evaluate the first range and its criteria, the second range, etc. Therefore, the value returned would be 1 since the criteria are met a single time.

Learn more about cells on:

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Selected information from Dinkel Company's 2018 accounting records is as follows: Proceeds from issuance of common stock $ 800,0

pochemuha

Answer:

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Explanation:

Dinkel Company

Statement of cash flows (extract)

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tia_tia [17]

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3 years ago

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On January 1, Boston Enterprises issues bonds that have a $2,200,000 par value, mature in 20 years, and pay 9% interest semiannu

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Answer:

1. How much interest will Boston pay (in cash) to the bondholders every six months?

semiannual coupon = $2,200,000 x 9% x 1/2 = $99,000

2. Prepare journal entries to record (a) the issuance of bonds on January 1, (b) the first interest payment on June 30, and (c) the second interest payment on December 31.

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Cr Bonds payable 2,200,000

b) June 30, 202x, first coupon payment

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Cr Cash 99,000

c) December 31, 202x, second coupon payment

Dr Interest expense 99,000

Cr Cash 99,000

3. Prepare the journal entry for issuance assuming the bonds are issued at (a) 96 and (b) 104.

a) January 1, 202x, bonds issued at 96

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Cr Bonds payable 2,200,000

b) January 1, 202x, bonds issued at 104

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Cr Bonds payable 2,200,000

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3 years ago

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