The RANK.EQ Function Returns ________

question 69

Multiple Choice

The RANK.EQ function returns ________.

• A)the rank of a value within a dataset, giving an average ranking to tied values
• B)the rank of a value within a dataset, giving the highest ranking possible to ties
• C)the rank of a value within a dataset, throwing out ties
• D)the rank of a value within a dataset, giving the same ranking to tied values

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Definitions:

Credit Sale

A transaction where goods or services are provided to a customer with an agreement to pay at a later date.

Gross Profit

The difference between revenue and the cost of goods sold, representing the profit a company makes after deducting the costs associated with making and selling its products or services.

Sales Discounts

Reductions granted on the selling price of goods or services to encourage prompt payment by the customer.

Cash Collection

The process of gathering and managing payments received from customers.