A Color Scale

question 77

Multiple Choice

A color scale:

• A)highlights cells meeting specified criteria with a specified color,font,or border.
• B)is a conditional format that displays an colored icon representing a value in the top third,quarter,or fifth based on colors in the selected range.
• C)calculates an aggregate for values in a range or database.
• D)is a conditional format that displays a color based on the relative value of the cell contents.

---

Definitions:

Net Worth

The total assets minus total liabilities of an individual or company, indicating the financial health or value of the entity.

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity available to run its operations.

Covenant Compliance

Adherence to the terms and conditions specified in a debt agreement, often including financial ratios or requirements that borrowers must meet.

Accounting Principles

The standardized rules and guidelines under which financial statements are prepared, widely known as Generally Accepted Accounting Principles (GAAP).