Case 2-2 Anna Is a Competitive Runner.She Wants to Improve Her Performance

question 52

Multiple Choice

Case 2-2
Anna is a competitive runner.She wants to improve her performance and decides to keep track of data for six months to determine if the time of day or year she runs affects her performance.Her worksheet contains the following data: start and end time,total time,and distance.
-After three months,Anna wants to the know the average distance she runs.What should she do to calculate the average distance?

• A) Enter the text =av in a cell at the end of the distance data;then select the AVERAGE function from the Formula AutoComplete list and then enter the function's argument.
• B) Enter the text =ms in a cell at the end of the distance data;then select the MAX function from the Formula AutoComplete list and then enter the function's argument.
• C) Enter the text =function in a cell at the end of the distance data;then select the AVERAGE function from the AutoFunction list and then enter the function's argument.
• D) Enter the text =su at the end of the data in the Distance column;then select the SUM function from the Select Function list and then enter the function's argument.

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Definitions:

WACC

The Weighted Average Cost of Capital is a metric that determines a firm's cost of capital by assigning proportional weights to each type of capital it uses.

Net Investment

The total amount invested in a project or asset after accounting for depreciation or amortization.

Working Capital

The difference between a company's current assets and its current liabilities, indicating short-term financial health.

Capital Cost Allowance

A tax deduction in Canada allowing for the depreciation of capital assets to be deducted from income.