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NEW QUESTION: 1
What is the third component to pay for performance systems?
A. Assessment
B. Conduct performance discussion
C. Determine rewards
D. Communicate links
Answer: A

NEW QUESTION: 2
Assume that six months ago you bought 2,500 shares of a stock at $70 per share using margin. The margin rate was 40%, and the interest rate on the margin loan was 8%. Assume no commissions. What is your gain or loss if the current stock price is $71 per share?
A. -$1,700
B. $2,500
C. $6,700
Answer: A
Explanation:
Original equity = 40% of (2,500 x $70) = (.40)($175,000) = $70,000 Original Loan = 60% of
(2,500 x $70) = (.60)($175,000) = $105,000 Interest on loan = 1/2 of 8% of $105,000 = (1/2)($8,400) =
$ 4,200 C l $105 000 $4 200 $109 200 Current loan = $105,000 + $4,200 = $109,200 Current Equity =
(QP-L) = (2,500 x $71 - $109,200) = $177,500 - $109,200 = $68,300 $ return = $68,300 - $70,000 = -
$ 1,700 (Rate of return = -1,700/70,000= -2.43%)

NEW QUESTION: 3
You work as a Sales Manager for Tech Perfect Inc. You are creating a report for your sales team Using Microsoft Excel. You want the report to appear in the following format:

You want the Remark column to be filled through a conditional formula. The criteria to give the remark is as follows:
If the sales of the First Quarter are greater than or equal to 1200, display "Well Done"

If the sales of the First Quarter is less than 1200, display "Improve in Next Quarter"

You have done most of the entries in a workbook. You select the F2 cell as shown in the image given below:

Which of the following conditional formulas will you insert to accomplish the task?
A. =IF(E2<=1200,"Well Done","Improve in Next Quarter")
B. =IF(E2>=1200,"Well Done","Improve in Next Quarter")
C. =IF(E2>=1200,"Improve in Next Quarter","Well Done")
D. =IF(E2>1200,"Improve in Next Quarter","Well Done")
Answer: B
Explanation:
Explanation/Reference:
Explanation:
In order to accomplish the task, you will have to insert the following formula in the F2 cell:
=IF(E2>=1200,"Well Done","Improve in Next Quarter")
Answer option A is incorrect. This will display the wrong messages for the given conditions. The first expression after the logical condition is returned by the IF function when the condition is TRUE.
Answer option B is incorrect. This formula will not accomplish the task as the logical condition is not correct. The specified condition in this formula is testing for values less than or equal to 1200. Whereas, the question's requirement is to evaluate values greater than or equal to 1200.
Answer option D is incorrect. This formula will not accomplish the task because of the two reasons.
First, the equal sign is missing in the condition. Second, the expressions are not in the correct order.