Case-Based Critical Thinking Questions

question 33

Multiple Choice

Case-Based Critical Thinking Questions
Case 5-1
You are tutoring a fellow student who is new to the more advanced features of Excel..
-Your tutee has a lot of familiarity with ranges from an earlier Excel class,but he knows that there is an alternative that will give him access to additional features that he does not have with a cell range.What is that option?

• A) Convert the range to a table.
• B) Convert the range to an index.
• C) Convert the range to a PivotChart.
• D) The tutee is wrong;the range has any many features as any Excel alternative.

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Definitions:

Residual Income

The amount of income that an investment or project generates above the minimum rate of return.

Residual Income

The profit left over after all necessary capital expenses are subtracted from the operating income, serving as an indicator of financial success.

Operating Assets

Resources used in the day-to-day functioning of a business that contribute to generating revenue.

Residual Income

The amount of income that exceeds the minimum return expected from a particular investment or operation.