The First Thing a User Should Do Once They Start

question 23

Multiple Choice

The first thing a user should do once they start to work within an Excel file is to

• A)create a new worksheet.
• B)save the workbook.
• C)add text.
• D)add formulas.
• E)create the model.

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Definitions:

Preferred Dividends

Dividends that are paid out to preferred shareholders at a fixed rate before any dividends are paid to common shareholders.

Paid-in Capital

The total amount of money that shareholders have directly invested in a company by purchasing shares during initial offerings or via the secondary market.

Stockholders' Equity

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

Stock Dividend

A dividend payment made in shares rather than cash, increasing the total number of shares owned by shareholders.