Question: table [ [ A , B , C , D , E , F , G , H , 1 , J ] ,

\table[[A,B,C,D,E,F,G,H,1,J],[Concord Pro Shop,,,,,10,000,000,4A,1,91,1],[Everything Golf,25,000,15,221,9,483,2,899,1,250,000,3A,3,76,1],[Lake Pro Shops,42,000,80,498,81,126,0,2,100,000,3A,2,87,1],[Mars DepL Store,27,000,35,354,20,666,0,213,000,BB,3,94,1],[RG Bradley,46,000,90,970,18,343,0,2,300,000,3A,1,21,1],[RX for Sports,15,000,5,663,3,014,0,750,000,2A,1,59,1],[School Sports Supply,45,000,50,278,32,338,0,2,250,000,3A,3,91,1],[Ski World,26,000,25,864,28,154,0,300,000,BA,2,82,1],[Sneaker Kingdom,45,000,40,157,25,379,0,2,250,000,3A,2,71,1],[Sports & Stuff,15,000,15,898,14,732,14,383,450,000,BA,1,67,1],[Toy Kingdom,22,000,10,073,1,047,0,1,100,000,3A,3,14,1],[Under the Sea,45,000,95,411,64,418,0,150,000,CB,4,79,2],[US Olympic Team,20,000,5,621,6,171,0,1,000,000,3A,1,87,1],[WWW Sports inc.,100,000,60,009,60,354,0,500,000,000,5A,2,97,1],[Zip & Sons,10,000,15,490,22,760,0,620,000,1A,2,96,1]]
Add formulas in cells highlighted in blue
Rule #1: Display TRUE for hastomer that has a past due balance that is less than 20% of this year's total sales, otherwise FALSE
Rule #2: Display TRUE for a customer that has either a composite credit appraisal value of 1 or a PAYDEX score over 80, otherwise FALSE
For Final Recommendation (col N)
Automatically reject if none of the approval rules are met, or only Rule #2 & Rule #3 are met.
Suggest a further evaluation if one of the following rules are met:
i) TRUE for only Rule #3;
ii) A FALSE value for Rule #3, and TRUE for.
a) either Rule #1 or Rule #2,
b) or both Rule #1 & Rule #2.
Automatically accept if TRUE for Rule #3, and
i) TRUE for only Rule #1;
ii) TRUE for both Rule #1 and Rule #2.\table[[A,B,C,D,E,F,G,H,1,J],[Concord Pro Shop,,,,,10,000,000,4A,1,91,1],[Everything Golf,25,000,15,221,9,483,2,899,1,250,000,3A,3,76,1],[Lake Pro Shops,42,000,80,498,81,126,0,2,100,000,3A,2,87,1],[Mars DepL Store,27,000,35,354,20,666,0,213,000,BB,3,94,1],[RG Bradley,46,000,90,970,18,343,0,2,300,000,3A,1,21,1],[RX for Sports,15,000,5,663,3,014,0,750,000,2A,1,59,1],[School Sports Supply,45,000,50,278,32,338,0,2,250,000,3A,3,91,1],[Ski World,26,000,25,864,28,154,0,300,000,BA,2,82,1],[Sneaker Kingdom,45,000,40,157,25,379,0,2,250,000,3A,2,71,1],[Sports & Stuff,15,000,15,898,14,732,14,383,450,000,BA,1,67,1],[Toy Kingdom,22,000,10,073,1,047,0,1,100,000,3A,3,14,1],[Under the Sea,45,000,95,411,64,418,0,150,000,CB,4,79,2],[US Olympic Team,20,000,5,621,6,171,0,1,000,000,3A,1,87,1],[WWW Sports inc.,100,000,60,009,60,354,0,500,000,000,5A,2,97,1],[Zip & Sons,10,000,15,490,22,760,0,620,000,1A,2,96,1]]
Add formulas in cells highlighted in blue
Rule #1: Display TRUE for hastomer that has a past due balance that is less than 20% of this year's total sales, otherwise FALSE
Rule #2: Display TRUE for a customer that has either a composite credit appraisal value of 1 or a PAYDEX score over 80, otherwise FALSE
For Final Recommendation (col N)
Automatically reject if none of the approval rules are met, or only Rule #2 & Rule #3 are met.
Suggest a further evaluation if one of the following rules are met:
i) TRUE for only Rule #3;
ii) A FALSE value for Rule #3, and TRUE for.
a) either Rule #1 or Rule #2,
b) or both Rule #1 & Rule #2.
Automatically accept if TRUE for Rule #3, and
i) TRUE for only Rule #1;
ii) TRUE for both Rule #1 and Rule #2.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!