Question: Applying Excel 5: Calculating net sales Which formula correctly calculates net sales? Which formula correctly calculates net sales? Multiple Choice =+C16-SUM(B17:B22) =+C16+SUM(B17:B18) =+C16-SUM(B17:B18) =SUM(B17:B18)-C16 Applying

Applying Excel 5: Calculating net sales Which formula correctly calculates net

sales? Which formula correctly calculates net sales? Multiple Choice =+C16-SUM(B17:B22) =+C16+SUM(B17:B18) =+C16-SUM(B17:B18)

=SUM(B17:B18)-C16 Applying Excel 5: Calculating net income Which formula correctly calculates net

income? Which formula correctly calculates net income? Multiple Choice =SUM(B17:B22)-C16 =+C16-SUM(B17:B22) =+C16+SUM(B17:B22)

=+C16+SUM(B17:B18)-SUM(B19:B22) Applying Excel 5: Calculating gross profit Which formula correctly calculates gross

profit? Which formula correctly calculates gross profit? Multiple Choice =+C16-SUM(B17:B22) =+C16+SUM(B17:B19) =SUM(B17:B19)C16

=+C16SUM(B17:B19) Applying Excel 5: Calculating total assets Whch tormula correctly calculates total

assets? Which formula correctly calculates total assets? Multiple Choice =SUM(B4:B10)SUM(C4:C11) =SUM(B4:B10) =SUM(B4:B10)+C9+C11

=SUM(B4:B22)-SUM(C12:C16) Applying Excel 5: Calculating total equity Which formula does NOT correctly

calculate total equity? Which formula does NOT correctly calculate total equity? Multiple

Applying Excel 5: Calculating net sales Which formula correctly calculates net sales? Which formula correctly calculates net sales? Multiple Choice =+C16-SUM(B17:B22) =+C16+SUM(B17:B18) =+C16-SUM(B17:B18) =SUM(B17:B18)-C16 Applying Excel 5: Calculating net income Which formula correctly calculates net income? Which formula correctly calculates net income? Multiple Choice =SUM(B17:B22)-C16 =+C16-SUM(B17:B22) =+C16+SUM(B17:B22) =+C16+SUM(B17:B18)-SUM(B19:B22) Applying Excel 5: Calculating gross profit Which formula correctly calculates gross profit? Which formula correctly calculates gross profit? Multiple Choice =+C16-SUM(B17:B22) =+C16+SUM(B17:B19) =SUM(B17:B19)C16 =+C16SUM(B17:B19) Applying Excel 5: Calculating total assets Whch tormula correctly calculates total assets? Which formula correctly calculates total assets? Multiple Choice =SUM(B4:B10)SUM(C4:C11) =SUM(B4:B10) =SUM(B4:B10)+C9+C11 =SUM(B4:B22)-SUM(C12:C16) Applying Excel 5: Calculating total equity Which formula does NOT correctly calculate total equity? Which formula does NOT correctly calculate total equity? Multiple Choice =SUM(B4:B10)C9C11C12C13 =+C14+C16B15B17B18B19B20B21B22 =+B23SUM(C9:C13) =SUM(B4:B10)SUM(C4:C13)

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