Rance E. Crain (Editor)'s Crain's New York Business - 23 May 2011 PDF

By Rance E. Crain (Editor)

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Additional info for Crain's New York Business - 23 May 2011

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There is a huge amount of software available for helping managers with their calculations, and spreadsheets are particularly useful. These consist of a grid of related cells, with the rows numbered 1, 2, 3 etc. and the columns labelled A, B, C etc. Then each cell in the grid has a unique address such as A1, A2, B1, C6 or F92. 4 Example of a spreadsheet calculation a simple number – for example, we can set cell B1 to equal 21, and B2 to 12 or a calculation – so we can set cell B3 to equal the sum of cells B1 and B2 or a label – so we can set cell A3 to contain the word ‘Total’.

19, you should quote the total cost to at most two decimal places. 91 (or a561, a560 or a600, again depending on the circumstances). 3414812 to (a) four decimal places, (b) two decimal places, (c) four significant figures, (d) two significant figures? D. D. Hughes Ltd are retailers of high-quality furniture, and they sell a particular dining room table for £8,000. Last summer they had some difficulty with supplies and raised the price of the table by 20%. When supplies returned to normal, they reduced the higher price by 20% and advertised this as part of their January sale.

2 European coins have denominations of 1, 2, 5, 10, 20 and 50 cents, and 1 and 2 euros. 87? 3 Sally was pleased when a meal at the Golden Orient restaurant appeared to cost $28 for food and $16 for drinks. Unfortunately, her final bill added 15% alcohol duty, 10% service charge, 12% federal tax, 6% state tax and 2% city tax. How much did she pay for extras, and what was her final bill? 4 A family of three is having grilled steak for dinner, and they like to grill their steaks for 10 minutes on each side.

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Crain's New York Business - 23 May 2011 by Rance E. Crain (Editor)


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