In the SUM Function, Two Cell References Separated by a Colon

question 17

Short Answer

In the SUM function, two cell references separated by a colon are referred to as a(n) ____________________.

Calculate Gross Profit using beginning and ending inventory figures.

Recognize the role of Sales Discounts in calculating Gross Profit.

Understand the accrual accounting principle including revenue recognition and expense recording.

Calculate net sales, cost of goods sold, gross profit, and net income.

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Definitions:

Structural Holes

The absence of ties between two parts of a social network, creating a separation that can be bridged to facilitate information flow.

In-group Team Members

Individuals who belong to a specific group or team and share a common identity or purpose with others within that group.

Dense Ties

Strong, tightly-knit connections within a network, characterized by frequent interaction and high levels of trust.

Guanxi Network

A social network of relationships and obligations that facilitate business and other dealings in Chinese cultures.