You Can Add Formulas to a Worksheet That Instantly Calculate

question 703

Multiple Choice

You can add formulas to a worksheet that instantly calculate totals within the worksheet data using Excel's ____ feature.

• A) Quick Formula
• B) Totals
• C) Sum
• D) Subtotal

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Definitions:

Gross Margin

The difference between revenue and cost of goods sold, used to cover other expenses and profits.

Sales

The total amount of goods or services sold by a company within a specific period.

Residual Income

Earnings that exceed the minimum required return on an investment or project.

Unit Selling Price

The price at which a single unit of a product is sold to customers.