In Microsoft Excel, a logical function that returns one value if the condition is true and another if the condition is false, is ________
A) OR(condition 1, condition 2 . . .)
B) IF(condition, value if true, value if false)
C) VLOOKUP(value, table range, column number)
D) AND(condition 1, condition 2…)
B
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On January 1, Gemstone Company obtained a $165,000, 10-year, 7% installment note from Guarantee Bank. Thenote requires annual payments of $23,492, with the first payment occurring on the last day of the fiscal year. Thefirst payment consists of interest of $11,550 and principal repayment of $11,942 . The journal entry to record theissuance of the installment note for cash on January 1 would
include a a. debit to interest expense for $11,550 b. credit to interest payable for $11,550 c. credit to notes payable for $165,000 d. debit to notes payable for $165,000
____________ is even more difficult to analyze because of the lack of cues in computer mediated communication.
a. Verbal communication b. Professionalism c. Competence d. Nonverbal communication
Don was standing in a cafeteria line holding a plate. Tim was upset with Don. Tim turned Don around and grabbed the plate out of Don's hand. Tim then held the plate up and threatened to break it over Don's head. Tim has committed
a. a battery, but not an assault. b. an assault, but not a battery. c. both an assault and a battery. d. neither an assault nor a battery.
What is the market rate of interest? What factors influence the market rate of interest? When the market rate of interest is higher than the stated rate of interest, will the bonds sell at a premium or at a discount?
What will be an ideal response?