1. Imagine you have received a spy’s spreadsheet that uses two columns of data, runs them through a formula, and then outputs the results in a third column. There are hundreds of thousands of rows of data, and the data consists of numbers between -500 and 1,000. The password to protect the cell is effectively unbreakable; it was never written down, was incredibly long, and no one alive today knows what it was. How might you go about figuring out the formula used for column C? 2. Brad is exploring Excel’s Sort tool and, in the Options menu, finds an interesting toggle: he can select between a default of Sort top to bottom and Sort left to right. Thinking through what the sort command does and the structure of a spreadsheet, what new trick can Brad perform if he switches to Sort left to right?

Interest is credited to a fixed annuity no lower than the variable contract rate contract guaranteed rate current rate of inflation prime rate

For each of the following situations, indicate whether you agree or disagree with the financial reporting practice employed and state the basic assumption, component, or accounting principle that is applied (if you agree) or violated (if you disagree).wagner corporation adjusted the valuation of all assets and liabilities to reflect changes in the purchasing power of the dollar. spooner oil company changed its method of accounting for oil and gas exploration costs from successful efforts to full cost. no mention of the change was included in the financial statements. the change had a material effect on spooner's financial statements. cypress manufacturing company purchased machinery having a five-year life. the cost of the machinery is being expensed over the life of the machinery. rudeen corporation purchased equipment for $180,000 at a liquidation sale of a competitor. because the equipment was worth $230,000, rudeen valued the equipment in its subsequent balance sheet at $230,000.davis bicycle company received a large order for the sale of 1,000 bicycles at $100 each. the customer paid davis the entire amount of $100,000 on march 15. however, davis did not record any revenue until april 17, the date the bicycles were delivered to the customer. gigantic corporation purchased two small calculators at a cost of $32.00. the cost of the calculators was expensed even though they had a three-year estimated useful life. esquire company provides financial statements to external users every three years.

Which term best describes the statement given below? if p = q and q = r, then p = r