The ____ Function Returns One Value If the Condition Is

question 22

Multiple Choice

The ____ function returns one value if the condition is true,and another if the condition is false.

• A) SUM
• B) MIN
• C) MAX
• D) IF

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Definitions:

Debt-Equity Ratio

A calculation of a corporation's financial risk, determined by dividing its overall liabilities by the equity of its shareholders.

Initial Cash Outlay

The initial funds required to commence a project or investment, typically including costs such as purchase price and setup expenses.

Pre-Tax Cost

The expense or cost of an item or service before any taxes are applied.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time, used in capital budgeting to assess profitability of investments.