Ron's Desk Company Expects to Sell $10,000,000 Worth of Desks

question 189

Multiple Choice

Ron's Desk Company expects to sell $10,000,000 worth of desks and to produce $10,500,000 worth of desks in the coming year.The company purchases $100,000 of new equipment during the year.Sales for the year turn out to be $10,000,000.Actual investment by Ron's Desk Company equals _______ and planned investment equals _______.

• A) $0;$100,000
• B) $0;$600,000
• C) $100,000;$600,000
• D) $100,000;$100,000
• E) $600,000;$600,000

---

Definitions:

Backspace Key

A keyboard key used to delete the character to the left of the cursor's position or move backwards in a document.

Adjacent Cell

In spreadsheet software, a cell located directly next to another cell either horizontally or vertically.

Merging Cells

Merging cells involves combining multiple adjacent cells into a single cell, often used in spreadsheets to create a larger area for headings or labels.

SHIFT+RIGHT ARROW

A keyboard shortcut used to extend the selection of text to the right or to select adjacent items in many software applications.