Answered step by step
Verified Expert Solution
Question
1 Approved Answer
can you please give some formulas and steps to solve this exercise in excel? Financials. The tab data in the file financials.xlsx shows monthly revenues
can you please give some formulas and steps to solve this exercise in excel?
Financials. The tab data in the file financials.xlsx shows monthly revenues Sales and expenses of three divisions software advertising, and hardware of a company, over multiple years. Obtain consolidated annual revenue & expense statement for the company all three divisions taken together for each year on file. What is the average profit margin of the company ratio of the sum of all expenses to Sales and its trend over time? Round the reported percentages to the whole percentage point. Source of data: financials.xlsx Required output: A number average profit margin; a series of annual numbers average profit margins by year
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started