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18 October, 08:55

The total revenues for a company are $150,223 and the total expenses were 125,766. If you are calculating the net income, which of these spreadsheets would you use?

Insert a spreadsheet with $150,223 in cell B2 and 125, 766 in cell B3. Enter a formula = B2-B3. The formula should be showing in the formula bar.

Insert a spreadsheet with $150,223 in cell B2 and 125, 766 in cell B3. Enter a formula = B2+B3. The formula should be showing in the formula bar.

Insert a spreadsheet with $150,223 in cell B2 and 125, 766 in cell B3. Enter a formula = B2/B3. The formula should be showing in the formula bar.

Insert a spreadsheet with $150,223 in cell B2 and 125, 766 in cell B3. Enter a formula = B2*B3. The formula should be showing in the formula bar.

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  1. 18 October, 09:36
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    The answer is:

    Insert a spreadsheet with $150,223 in cell B2 and 125, 766 in cell B3. Enter a formula = B2-B3. The formula should be showing in the formula bar.

    The net income in this case is calculated by subtracting the revenue to the total expenses.

    Net income = 150,223 - 125,766

    So we now have to use the subtraction function in a cell like B1 or B4 with the formula = B2 - B3.

    The cell will then have the total calculation of 24,457.
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