Use of Spreadsheets in Business and Technology Marty Montgomery August 25‚ 2013 Many corporations depend on spreadsheets as a fundamental (Institute of Corporate Auditors‚ 2006) device in their financial reporting and operational processes. As a result‚ the use of spreadsheets is an essential part of the information and decision-making structure for these organizations. In developing and using spreadsheets‚ organizations need to balance their ease and flexibility against the value of reliable
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STA-201: PRINCIPLES OF STATISTICS CASE STUDY: TEXAS HOLD’EM A. The probability that you are dealt pocket aces is 1/221‚ or 0.00452 to three significant digits. If you studied either Section 4.5 and 4.6 or Section 4.8‚ verify that probability. 1st Card- 4 cards that are aces out of the 52 cards in the deck. 2nd Card- You already got the 1st ace so now there’s only 3 aces out of 51 cards. 0.00452 is the probability of getting dealt "pocket aces". Therefore the probability is
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Case study #1 1. Prepare a variable- costing income statement to determine the profitability of the Costco opportunity. Costco Wholesale Corporation Variable-costing Income Statement For two months Volume level 30‚000 45‚000 60‚000 Sales @ $4.25 per pound $127‚500.00 $191‚250.00 $255‚000.00 Less: Variable expenses: Salmon fillet cost @ $3/pound $90‚000.00 $135‚000.00 $180‚000.00 Repackaging labor @ $9/hour‚ repackage 75 pound/ hour $3‚600.00 $5‚400
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Chapter 5 |Activity-Based Cost Systems |[pic] | QUESTIONS 5-1 Traditional volume-based cost allocation systems that use only drivers that vary directly with the volume of products produced—such as direct labor dollars‚ direct labor hours‚ or machine hours—are likely to systematically distort product costs because they break the link between the cause for the costs and the basis for assignment
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Merrill Lynch Connects Past and Future Technology CASE STUDY 1. Why did Merrill Lynch need to update its IT infrastructure? Merrill Lynch and its subsidiaries provide brokerage‚ investment banking‚ financing‚ wealth management‚ advisory‚ asset management‚ insurance‚ lending‚ and other related products and services to private‚ institutional‚ and government clients. One of the most critical components of Merrill Lynch’s operations is its information technology infrastructure. It has played
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Case: Blue Nile Inc. in 2010: Will Its Strategy to Remain Number One in Online Diamond Retailing Work? Assignment Questions: 1. How strong are the competitive forces confronting Blue Nile and other online retail jewelers? Which one of the five competitive forces is the strongest? Do a five-forces analysis to support your answer. 2. What key factors will determine a company’s success in the online jewelry business in the next 3-5 years? 3. What is Blue Nile’s strategy? Which of the five
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the project you are required to perform the following tasks: Step Instructions Points Possible 1 Start Excel. Download‚ save‚ and open the Excel workbook named Exploring_e06_Grader_EOC.xlsx. 0 2 On the Budget worksheet‚ perform a goal seek analysis to determine what the ticket price in cell B9 would need to be if you wanted the balance in cell C34 to be $0. Accept the solution. 5 3 Beginning in cell E3‚ complete the series of substitution values ranging from 300 to 500 in increments of
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Microsoft Excel: Formulas‚ Formulas... Northern New York Library Network 6721 US Hwy 11 Postdam‚ NY 13676 877-833-1674 or 315-265-1119 www.nnyln.org Jim Crowley C3 - Crowley Computer Consulting 9148 State Highway 37 Ogdensburg NY 13669 315-394-7008 fax 315-394-7009 www.crowleycomputers.com jim@crowleycomputers.com Description: Excel has hundreds of functions and nobody knows them all‚ but spend some time and learn to create more powerful formulas. Students will dive into decision making functions
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SIntroduction to Microsoft Excel 2007 Class learning objectives 1. What is Excel? • Spreadsheet uses & samples • Touring the Excel window • Learning important definitions • Navigating around the workbook 2. The Basics • Entering & editing data in cells • Inserting cells‚ rows‚ & columns • Formatting cells • Renaming‚ adding‚ & reorganizing worksheets 3. Formulas • Using mathematical operators • Using four sum methods • AutoCalculate 4. Customizing Your Spreadsheet • Gridlines 5. Finishing Up • Using
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BASICS OF MS-EXCEL 12.1 INTRODUCTION MS-Excel 2000 is a Windows based application package. It is quite useful in entering‚ editing‚ analysis and storing of data. Arithmetic operations with numerical data such as addition‚ subtraction‚ multiplication and division can also be done with Excel. You can sort the numbers/characters according to some given criteria (like ascending‚ descending etc.)and solve simple financial‚ mathematical and statistical formulas. 12.2 OBJECTIVES After going through
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