Question

note: please make sure to properly format your answers. all dollar figures in the answers need to include the dollar sign and any amount over 1,000 should include the comma ($2,354.67). all percentage values in the answers need to include a percentage sign (%). for all items without specific rounding instructions, round your answers to two decimal places, show both decimal places (5.06).

a\tb\tc\td\te\tf\tg\th
1\tsymbol\tstock\tfebruary 25 close\tchange\t% change\tfebruary 24 close\tvolume in 1000s\tvolume in 100s
2\taapl\tapple inc.\t96.76\t0.66\t\t96.1\t27,393\t
3\tbbw\tbuild-a-bear workshop inc.\t13.98\t0.03\t0.22%\t\t188\t
4\tctb\tcooper tire & rubber co.\t40.3\t1.04\t\t39.26\t727\t
5\tf\tford motor co\t12.39\t0.37\t\t31,951\t
6\tintc\tintel corp\t28.8\t\t−1.90%\t\t26,432\t
7\tmsft\tmicrosoft corp\t51.18\t\t−2.80%\t52.65\t26,695\t
8\tntgr\tnetgear inc.\t39.66\t0.59\t1.50%\t\t228\t
9\tyhoo\tyahoo! inc.\t31.36\t\t1.30%\t\t19,842\t
write a formula to determine the close on february 24 for each of the following. use the left side of the equation to indicate in which cell to store the formula.
a. netgear inc. f8=c8-d8

Explanation:

Step1: Understand the relationship

The February 24 close (F) is related to February 25 close (C) and Change (D) by the formula: \( \text{February 24 Close} = \text{February 25 Close} - \text{Change} \) (since Change is the increase from Feb 24 to Feb 25, so to get Feb 24, we subtract the change from Feb 25 close). For Netgear Inc., the relevant cells are C8 (Feb 25 close), D8 (Change), and F8 (Feb 24 close we want to calculate).

Step2: Formulate the formula

So the formula for cell F8 should be \( F8 = C8 - D8 \) (in spreadsheet formula terms, this is how we calculate the February 24 close using the given data in the table). Wait, but let's check the data: for Netgear Inc. (row 8), C8 is 39.66, D8 is 0.59. So 39.66 - 0.59 = 39.07, which would be the February 24 close. But the initial attempt had a typo? Wait, no, the formula structure: if Change (D) is the amount the stock increased from Feb 24 to Feb 25, then Feb 24 close = Feb 25 close - Change. So the correct formula for F8 (storing Feb 24 close for Netgear) is \( F8 = C8 - D8 \). Wait, but maybe the user made a typo in the initial input, but according to the relationship, the formula should be F8 = C8 - D8. Let's verify with other rows. For example, row 2: C2=96.76, D2=0.66, F2=96.1. And 96.76 - 0.66 = 96.1, which matches. So yes, the formula is F8 = C8 - D8.

Answer:

\( F8 = C8 - D8 \)