Use a Modern Software Tool to Perform Statistical Calculations -Which of the Following Formulas Would Be Used to Calculate
Question 5
Question 5
Multiple Choice
Use a modern software tool to perform statistical calculations. Using the spreadsheet below to answer the following question(s) . The spreadsheet below shows the net income model for a company that sells shoes. 1234567891011121314151617181920 A Net Income Model Data Sales Cost of Goods Sold Administrative Expenses SellingExpenses Depreciation Expenses Interest Expenses Taxes Model Gross Profit Operating Expenses Net Operating Income Eamings Before Taxes Net Income B $10,000,000$6,400,000$500,000$900,000$750,000$70,000$620,000$3,600,000$2,150,000$1,450,000$1,380,000 -Which of the following formulas would be used to calculate the net income value using only the data value?
A) =SUM(B5:B10) -B11 B) =SUM(B5:B11) C) =B5-SUM(B6:B11) D) =B5-SUM(B6:B10) +B11
Correct Answer:
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