Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2. Frank would like to create 3 scenarios that would result in breaking even six months after opening the store. Make sure to save each

2. Frank would like to create 3 scenarios that would result in breaking even six months

after opening the store. Make sure to save each scenario and to restore the original

values. After you run the 3 scenarios, he wants you to create a new worksheet with

a summary showing the Profit/Loss by month for the 3 scenarios. The following are

the 3 scenarios that need to be created:

a. Profit $0 by changing the percent growth and cost related to sales.

b. Same as 1 with a constraint that requires the percent growth to be less than

or equal to 10%.

c. Same as 1 with a constraint for the costs related to sales to equal 85%.

Style your worksheet by adjusting column widths and row heights, aligning row and

column headings, formatting values, applying cell shading, and adding borders. Create

appropriate headings and titles. Check that the worksheets will print professionally.image text in transcribed

Sales July August September October November December January February March April May June $125,000.00 $137,500.00 $ 151,250.00 $ 166,375.00 $183,012.50 $ 201,313.75 $221,445.13 $243,589.64 $ 267,948.60 $ 294,743.46 $324,217.81 $356,639.59 Expenses: Cost Related To Sales Costs Unreleated to Sales Total Expenses $ 108,750.00 $119,625.00 $131,587.50 $144,746.25 $ 159,220.88 $175,142.96 $ 192,657.26 $ 211,922.98 $233,115.28 $256,426.81 $282,069.49 $310,276.44 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 148,750.00 $ 159,625.00 $171,587.50 $184,746.25 $ 199,220.88 $215,142.96 $ 232,657.26 $251,922.98 $273,115.28 $296,426.81 $322,069.49 $350,276.44 Gross Profit/Loss $ (23,750.00) $ (22,125.00) $ (20,337.50) $ (18,371.25) $ (16,208.38) $ (13,829.21) $ (11,212.13) $ (8,333.35) $ (5,166.68) $ (1,683.35) $ 2,148.31 $ 6,363.15 Required Sales Growth Costs Related to Sales As % of Sales 10% 87% Sales July August September October November December January February March April May June $125,000.00 $137,500.00 $ 151,250.00 $ 166,375.00 $183,012.50 $ 201,313.75 $221,445.13 $243,589.64 $ 267,948.60 $ 294,743.46 $324,217.81 $356,639.59 Expenses: Cost Related To Sales Costs Unreleated to Sales Total Expenses $ 108,750.00 $119,625.00 $131,587.50 $144,746.25 $ 159,220.88 $175,142.96 $ 192,657.26 $ 211,922.98 $233,115.28 $256,426.81 $282,069.49 $310,276.44 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 148,750.00 $ 159,625.00 $171,587.50 $184,746.25 $ 199,220.88 $215,142.96 $ 232,657.26 $251,922.98 $273,115.28 $296,426.81 $322,069.49 $350,276.44 Gross Profit/Loss $ (23,750.00) $ (22,125.00) $ (20,337.50) $ (18,371.25) $ (16,208.38) $ (13,829.21) $ (11,212.13) $ (8,333.35) $ (5,166.68) $ (1,683.35) $ 2,148.31 $ 6,363.15 Required Sales Growth Costs Related to Sales As % of Sales 10% 87%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Research Methods Statistics and Applications

Authors: Kathrynn A. Adams, Eva Marie K. Lawrence

1st edition

1452220182, 978-1452220185

More Books

Students also viewed these Finance questions