Case-Based Critical Thinking Questions

question 138

Multiple Choice

Case-Based Critical Thinking Questions
Case 3-1
Charles is a recent college graduate.He is paying rent for the first time,as well as utility bills,such as cable,electric,and telephone.He also has some hefty school loan payments.Charles has a good paying job and knows that even though he has lots of expenses,it is critical for him to save money each month,too.He decides to create a budget for himself in Excel 2010.
-Charles wants to find out what his average cable bill is.As he types the letter "A" in order to type the function AVERAGE ____.

• A) the Insert Function dialog box appears
• B) a list of functions that begin with the letter A appear
• C) the Format Painter appears
• D) a list of operators that begin with the letter A appear

---

Definitions:

Actual Return

The real profit or loss achieved on an investment over a particular time period, often expressed as a percentage.

Risk-free Return

The theoretical return on an investment with zero risk of financial loss, typically associated with government bonds.

Treasury Bills

Short-term government securities issued at a discount from the face value and maturing at par, used as a tool for managing liquidity and financing government debt.

Common Stocks

Type of equity security that represents ownership in a corporation, offering voting rights and potential dividends.