To Delete the Contents of a Cell, Select the Cell

question 79

True/False

To delete the contents of a cell, select the cell contents by pointing to the left edge of the cell and clicking when the mouse pointer changes direction, and then press the DELETE or BACKSPACE key.

---

Definitions:

Margin of Safety

The difference between actual or expected sales and sales at the break-even point, indicating how much sales can fall before a business incurs a loss.

Break-even Point

The level of sales at which profit is zero.

Degree of Operating Leverage

A ratio that measures how a percentage change in sales will affect profits, highlighting the impact of fixed costs on earnings.

Break-even Point

The level of sales at which total revenues equal total costs, resulting in no profit or loss for the business.