The Lookup Value

question 41

Multiple Choice

The lookup value

• A) is the argument in a function that identifies which lookup table column from which to return a value.
• B) looks in a horizontal table where the first row contains the values.
• C) is a reference to a cell containing a value to look up.
• D) is a range containing a lookup table.

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Definitions:

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenues.

Dividends

Monetary distributions from a company to its shareholders, often based on the profits of the business.

Net Income

Net income is the total profit of a company after all expenses and taxes have been deducted from total revenues.

Retained Earnings

Profits that a company keeps after dividends have been paid out to shareholders, often reinvested in the business or used to pay down debt.