Please do not give solution in image formate thanku. 3. Given the cash flow of the company is $3,000,000, show the formula using nested IF to formulate the following condition: a. if the cash flow is at least 1 million dollars, you will buy this company, if not, then if the cash flow is at least $285,000, then you will consider buying this company, if these two conditions all failed, then you will decide not to buy this company. (Use the excel spreadsheet to test your result first before copying them to the space below of the formula)
Please do not give solution in image formate thanku. 3. Given the cash flow of the company is $3,000,000, show the formula using nested IF to formulate the following condition: a. if the cash flow is at least 1 million dollars, you will buy this company, if not, then if the cash flow is at least $285,000, then you will consider buying this company, if these two conditions all failed, then you will decide not to buy this company. (Use the excel spreadsheet to test your result first before copying them to the space below of the formula)
Chapter7: Uncertainty
Section: Chapter Questions
Problem 7.10P
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Please do not give solution in image formate thanku.
3. Given the cash flow of the company is $3,000,000, show the formula using nested IF to formulate the following condition: a. if the cash flow is at least 1 million dollars, you will buy this company, if not, then if the cash flow is at least $285,000, then you will consider buying this company, if these two conditions all failed, then you will decide not to buy this company. (Use the excel spreadsheet to test your result first before copying them to the space below of the formula)
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