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Nathan is in charge of collections, and is putting together a list of customers to call. Please refer to the figure above as you answer the questions below.
-One of the daily reports that is delivered to management every day lists any customer who has a balance due of $100,000 or more. If the customer has a high balance, the formula should return due date. Otherwise, the cell is left blank. Assuming that the balance due is in column D in the spreadsheet above, what would the formula look like?
Plant Assets
Physical resources that are owned and used by a business and are permanent or have a long life; long-term or relatively permanent tangible assets such as equipment, machinery, and buildings that are used in normal business operations.
Decentralization
The distribution of decision-making power away from a central authority, allowing for greater autonomy at lower levels of an organization.
Authority
The power or right to give orders, make decisions, and enforce obedience.
Support Department Allocation Rates
Ratios or percentages used to distribute the costs of support departments to producing or service departments based on agreed-upon methods.
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