If a Formula Reads =1/10/2014+10, Excel Will Treat the 1/10/2014

question 62

Multiple Choice

If a formula reads =1/10/2014+10, Excel will treat the 1/10/2014 as a(n) ____.

• A) calculation
• B) date
• C) error
• D) none of the above

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Definitions:

Tax Deductible

Expenses that can be subtracted from gross income to reduce the taxable income, potentially lowering overall tax liability.

Net After-Tax Income

The amount of income that remains for a business or individual after all taxes have been deducted from total revenues.

Total Assets

The sum of all assets owned by a company, including both current and non-current assets, indicating the total resources at its disposal.

Shareholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the ownership interest of the shareholders.