The AVERAGE Function CANNOT Calculate the Arithmetic Mean or Average

question 70

True/False

The AVERAGE function CANNOT calculate the arithmetic mean or average of values in a range.

---

Definitions:

Operating Cycle

The process by which a company spends cash, generates revenues, and receives cash from customers.

Stockholders' Equity

The stake in a corporation's assets left over after all debts are cleared, signifying an ownership interest.

Liabilities

Financial obligations or debts that a company owes to others.

Assets

Resources owned by a business that are expected to bring future benefits.