Rule #1: Consider a bidder if its D&B PAYDEX score is at least 90. Rule...

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Accounting

Rule #1: Consider a bidder if its D&B PAYDEX score is at least 90.

Rule #2: Consider a bidder if all of the following criteria are met: The bidders D&B PAYDEX score is greater than 65. The bidders D&B Composite Credit Appraisal value is less than or equal to 2. The bidders Net Worth is greater than $500,000.

Rule #3: Consider a bidder if any of the following criteria are met: The bidders D&B Stress Risk Class is equal to 1. The bidders Previous Experience Grade is Satisfactory.

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please answer the following using excel and showing the formulas of how you got there thank you!

the number of work days blank in column D if the end date is blank in column B. Check Figure: Cell D12 = 90 Rules Worksheet Rule #1: Consider a bidder if its D&B PAYDEX score is at least 90. Rule #2: Consider a bidder if all of the following criteria are met: The bidder's D&B PAYDEX score is greater than 65. The bidder's D&B Composite Credit Appraisal value is less than or equal to 2. The bidder's Net Worth is greater than $500,000. Rule #3: Consider a bidder if any of the following criteria are met: The bidder's D&B Stress Risk Class is equal to 1. The bidder's Previous Experience Grade is Satisfactory. 4. In column G, calculate whether or not (TRUE/FALSE) the various bidders meet the criteria for Rule #1. Do not use an IF statement. 5. In column H, calculate whether or not (TRUE/FALSE) the various bidders meet the criteria for Rule #2. Do not use an IF statement. 6. In column I, calculate whether or not (TRUE/FALSE) the various bidd meet the criteria for Rule #3. Do not use an IF statement. 7. In cells G8:18, use a function to determine whether or not (TRUE/FALSE) any of the bidders meet each of the various rules. Do not use an IF statement. E G H L Bidder Net Worth (Dollars) D&B Composite Credit Appraisal (1 Best) D&B PAYDEX (100 Best) Rule #1 Rule #2 Rule #3 1 D&B Stress Risk Class (1 Best) 1 1 1 Previous Experience Grade Satisfactory Satisfactory Satisfactory None Unsatisfactory 2 Ribba Technology 3 TDR Corporation 4 ComputerX 5 Exceed WR 6 Roberts Inc. 89 79 $ $ $ $ $ 5,000,000 286,000 4,560,000 1,089,000 23,459,000 21 1 87 3 1 3 2 45 68 2 7 Do any of the bidders meet the rule? 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 25 the number of work days blank in column D if the end date is blank in column B. Check Figure: Cell D12 = 90 Rules Worksheet Rule #1: Consider a bidder if its D&B PAYDEX score is at least 90. Rule #2: Consider a bidder if all of the following criteria are met: The bidder's D&B PAYDEX score is greater than 65. The bidder's D&B Composite Credit Appraisal value is less than or equal to 2. The bidder's Net Worth is greater than $500,000. Rule #3: Consider a bidder if any of the following criteria are met: The bidder's D&B Stress Risk Class is equal to 1. The bidder's Previous Experience Grade is Satisfactory. 4. In column G, calculate whether or not (TRUE/FALSE) the various bidders meet the criteria for Rule #1. Do not use an IF statement. 5. In column H, calculate whether or not (TRUE/FALSE) the various bidders meet the criteria for Rule #2. Do not use an IF statement. 6. In column I, calculate whether or not (TRUE/FALSE) the various bidd meet the criteria for Rule #3. Do not use an IF statement. 7. In cells G8:18, use a function to determine whether or not (TRUE/FALSE) any of the bidders meet each of the various rules. Do not use an IF statement. E G H L Bidder Net Worth (Dollars) D&B Composite Credit Appraisal (1 Best) D&B PAYDEX (100 Best) Rule #1 Rule #2 Rule #3 1 D&B Stress Risk Class (1 Best) 1 1 1 Previous Experience Grade Satisfactory Satisfactory Satisfactory None Unsatisfactory 2 Ribba Technology 3 TDR Corporation 4 ComputerX 5 Exceed WR 6 Roberts Inc. 89 79 $ $ $ $ $ 5,000,000 286,000 4,560,000 1,089,000 23,459,000 21 1 87 3 1 3 2 45 68 2 7 Do any of the bidders meet the rule? 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 25

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