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Determine which of the formulas need to be modified for the spreadsheet to function properly.
Application of the max, min, & sum functions in excel
Assets | | Financing | |
Excess cash | 0 =MAX(D12-B12,0) | Revolver | 140 =-MIN(D12-B12,0) |
Accounts Receivable | 10 | Accounts Payable | 15 |
Other ST assets* | 75 | Other debt | 160 |
Long term assets | 425 | Equity | 200 |
| | | |
Total assets | 510 | Total financing | 515 |
| | | |
Total assets without excess cash | 500 | Total financing without revolver | 360 |
Assets | | Financing | |
Excess cash | 0 | Revolver | 140 |
Accounts Receivable | 10 | Accounts Payable | 15 |
Other ST assets* | 75 | Other debt | 160 |
Long term assets | 425 | Equity | 200 |
| | | |
Total assets | 510 | Total financing | 515 |
| | | |
Total assets without excess cash | 500 | Total financing without revolver | 360 |
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