QQuestionAccounting
QuestionAccounting
Based on the values in Cells B^77:B^81, what function can automatically return the value in Cell C^77?
76 Sales
77 $794
78 $721
79 $854
80 $912
81 $1,020
A. =Highest()
B. =Top()
C. =Max()
D. =Biggest()
E. =Ceiling()
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Answer
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Step 1:I'll solve this step by step:
Step 2:: Identify the Problem
The problem requires determining which Excel function will return the highest value from the range of sales figures in Cells B^77:B^81.
Step 3:: List the Sales Values
- $$1,020
The sales values are:
Step 4:: Analyze the Function Requirements
We need a function that will return the maximum (highest) value from this range of numbers.
Step 5:: Evaluate the Options
A. =Highest() - Not a standard Excel function B. =Top() - Not a standard Excel function C. =Max() - Standard Excel function that returns the maximum value ✓ D. =Biggest() - Not a standard Excel function E. =Ceiling() - Returns the number rounded up to the nearest multiple (different purpose)
Step 6:: Verify the Correct Function
The =Max() function will return $$1,020$$, which is the highest value in the range.
Final Answer
Key Insights: - =Max() is the standard Excel function for finding the highest value in a range - It works with both numbers and cell references - In this case, it would return 1,020 from the given sales figures
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