Accounting · Management Accounting
A company uses a spreadsheet to model the relationship between monthly advertising expenditure (X) and sales (y). In row 9, the totals for columns C, D, and E are computed. Cell E9 represents the sum of the products of X and y (the total of the Xy values for the first six months, where the data spans from row 4 to row 8). Which of the following would be a correct entry for cell E9?
- 1= A9 * 89
- 2=SUM(E4:E8)✓
- 3= SUM(A9:D9)
- 4= C9 * D9
Correct answer
=SUM(E4:E8)
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