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##### Using only the information provided in the following worksheet, what is the correct formula

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Question;1. Using only the information provided in the following worksheet, what is the correct formula to calculate the total cash flows from financing?a. =(B2-C2)-(B4+(B3-C3))b. =(B2-C2)+(B4-(B3-C3))c. =(B3-C3)-(B4-(B2-C2))d. =(B2-C2)-(B4-(B3-C3))e. =(B2+C2)-(B4+(B3+C3));2. What is the correct formula to calculate the percentage change in prepaid expenses from 2010 to 2011 usinghorizontal analysis with percentages as solution?A;B;C;D;Account;2011;2010;$ 10,000;$ 26,000;2 Accounts Receivable;49,600;35,460;3 Inventory;25,000;25,450;4 Prepaid Expenses;22,400;32,400;5 Notes Payable;52,000;52,000;6 Common Stock;34,000;45,000;7 Retained Earnings;21,000;22,310;1 Cash;a. (C4/D4)/2b. C4/D4c. C4*D4/2d. (C4-D4)/D4e. (D4-D5)/D5;(Format as a percentage)(Format as a percentage)(Format as a percentage)(Format as a percentage)(Format as a percentage);3. Assume that this data represents all of the assets, liabilities and capital of a company. What is the formula tocalculate the number in vertical analysis for Inventory for 2011?A;B;C;D;Account;2011;2010;1 Cash;$ 10,000;$ 26,000;2 Accounts Receivable;49,600;35,460;3 Inventory;15,000;25,450;4 Prepaid Expenses;32,400;32,400;5 Notes Payable;52,000;52,000;6 Common Stock;34,000;45,000;7 Retained Earnings;21,000;22,310;a. C3/(C1+C2+C3+C4) (Format as a percentage)b. C3/SUM(C1..C4)(Format as a percentage)c. C3/D3(Format as a percentage)d. SUM(C1..C3)/D3(Format as a percentage)e. Both a and b(Format as a percentage)4. Which is the correct formula for cell B6 that will allow you to determine how many years will it take to quadruple your savings at 11 percent compounded quarterly?a. =NPER(B4/B5,0,-B2,4*B3,0)/4b. =NPER(B4/B5,0,-B2,B2,0)c. =NPER(B4/B5,0,-B2,B2,0)/4d. =NPER(B4/B5,0,-B2,4*B2,0)e. =NPER(B4/B5,0,-B2,4*B2,0)/4Remember that the basic syntax of the NPER function is: NPER(rate,pmt,pv,fv,type);5. What should be the outcome of cell B? Remember that the basic syntax of the IRR function is:IRR(values,guess)a. ?Accept?b. ?Reject?c. "Indifferent;6. Which is the correct formula in cell B4 to calculate the future value of $1,000 invested at 15% annual rate after 2 years using continuous compounding?a. =B3*EXP(B1*B2)b. =B2*EXP(B1*B3)c. =B1*EXP(B2*B3)d. =B1/EXP(B2*B3)e. =B1*EXP(B2+B3)7. Which should be the right formula for cell B5?a. =(B2*C2)-(B3*C3)+(1-B2+B3)*C4b. =(B2*C2)-(B3*C3)-(1-B2-B3)*C4c. =(B2/C2)+(B3/C3)+(1-B2-B3)/C4d. =(B2*C2)+(B3*C3)+(1-B2-B3)*C4e. =(B2*C2)+(B3*C3)+(1+B2+B3)*C4;8. What should be the formula on cell B5?a. =(B3*B4)/(B2+B3)b. =B1*B4/B2+B3c. =(B1+B4)/(B2*B3)d. =(B1*B4)/(B2+B3)e. =(B3*B4)/(B2-B3)9. What should be the formula on cell B5?ABFixed Costs$1,500,000Estimated Sales in Units100,000Price per Unit$50Variable Costs per Unit$20Operating Breakeven Pointin Revenue Dollars?a. =B1/(B3-B4)/B3b. =B1/B3-B4*B3c. =(B1/B3)-B4*B3d. =B1/((B3-B4)/B3)e. =B1/(B3+B4)*B3;10. Which of the following would be the correct formula for cell B7?a. =-B2/B3b. =FAME_Payback(B2:B6)c. =FAME_Payback(B2:B6,0)d. =2-(B2+B3+B4)/B5e. A and D

Paper#50358 | Written in 18-Jul-2015

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