Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. dear expert. for a better experience, state and s

DEAR EXPERT. FOR A BETTER EXPERIENCE, STATE AND SOLVE THE CORRECT AND COMPLETE PROCEDURE,...

60.1K

Verified Solution

Question

Accounting

DEAR EXPERT.
FOR A BETTER EXPERIENCE, STATE AND SOLVE THE CORRECT AND COMPLETE PROCEDURE, AND EQUATIONS THAT YOU ARE USING IN ORDER TO FIND THE ANSWERS.
THANK YOU.
image
Section 4 19. An excel spreadsheet is used to perform calculations for a small business. To find the profit, you take income and subtract expenses. There might be an error in the formula. D 1 2 3 Income Expenses $102,000 $12,697.04 $9,450.88 $51,235.89 Profit $149,989.73 4 5 (a) Round each of the figures in the table, except the Profit, to the nearest $10 000 and complete the table below. B 1 Income Expenses 2. 3 4 Profit (b) Calculate the profit from your rounded figures and determine if there was an error. (c) Write down the formula which should appear in cell C5 to calculate the profit

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students