What Is the Error Message When You Calculate the Following

question 62

Multiple Choice

What is the error message when you calculate the following in cell A1: 2756 ÷ 0?

• A) #VALUE!
• B) #DIV/0!
• C) #REF!
• D) #N/A

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Definitions:

Average Tax Rate

The proportion of total income that is paid as taxes, calculated by dividing the total taxes paid by the total income.

Alcohol Tax

A special tax imposed on alcoholic beverages to generate revenue and/or discourage excessive consumption owing to health or social reasons.

Compliance Costs

Expenses incurred by businesses or individuals to adhere to laws, regulations, and standards.

U.S. Income Tax

A tax imposed by the U.S. government on the income earned by individuals, corporations, estates, and other entities.