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Critical Thinking Questions Case1-1 Sara Is the Owner of a Specialty

question 47

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Critical Thinking Questions Case1-1 Sara is the owner of a specialty goods store. To keep a record of the goods that she has in stock and their prices, she has created a very large worksheet. She is not the best speller in the world, however, so she would like to use the spell checker to ensure that her worksheet does not have any spelling mistakes. Sara is not familiar with this feature of Excel and has asked you for help. Sara wants to indicate to Excel that a given flagged word should not be marked as a misspelling in the future. Which option do you tell her to select?


Definitions:

Dividend

Shareholders receive a payment from a corporation, commonly as a share of the company's profits.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed on an annual basis.

Put Option

A financial contract giving the option buyer the right, but not the obligation, to sell a specified quantity of an asset at a set price (the strike price) within a specified time.

Expiration

In finance, this term typically refers to the date on which a contract, such as an option or futures contract, ceases to exist and the final settlement or exercise must occur.

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