Ned Wants to Calculate the Total Sale of a Product

question 8

True/False

Ned wants to calculate the total sale of a product during quarters 3 and 4 of a financial year.He creates a table of quarterly sales of different products o the company in different regions.In the table,cells B1 to B20 with heading "Quarter" list the quarters of the years I to IV,cells C1 to C20 with heading "Product" lists the different products and cells D1 to D20 with heading "Sales" list the sales amount for each quarter and product in dollars.The criteria specified-Quarter and Product are in cells H5 and I5 and their values >3 and Balloons respectively are mentioned in cells H6 and I6.To calculate the total sale of a particular product,he can use the formula =DSUM(B1:D20,"Sales",H5:I6).

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Definitions:

GDP Deflator

A measure for evaluating the price index of all fresh, domestically produced, final goods and services in an economy.

Population

The total number of people inhabiting a particular territory or geographic area.

GDP Deflator

An economic metric that converts the money-value measure of GDP to a measure of real GDP by accounting for inflation or deflation.

GDP Deflator

A measure that reflects the prices of all goods and services produced domestically, accounting for inflation within a country's economy.