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Required information Lyndia Company is a merchandiser that sells a total of 15 products to its customers. The company provided the following information from last year: Last year, Lyndia's total fixed expenses and net operating income were $3,000,000 and $1,223,070, respectively. The company would like your assistance in developing some financial projections for this year. Click here to download the Excel template. which you will use to answer the guestions that follow. Click here for a brief tutorial on Goal Seek in Excel. Click here for a a brief tutorial on Charts in Excel. Click here for a brief tutorial on Conditional Formatting in Excel . To confirm your understanding of the spreadsheet's design, answer the following questions with respect to last year: Required: a. How is the percentage in cell B3 calculated? Whv do vou think specifvina the sales mix percentaces for all oroducts is important? Required: 1. To confirm your understanding of the spreadsheet's design, answer the following questions with respect to last year: a. How is the percentage in cell B3 calculated? Why do you think specifying the sales mix percentages for all products is important? b. How are the amounts in cells B7, B8, and B9 calculated? c. How are the amounts in cells Q7, Q8, and Q9 calculated? d. How is the amount in cell Q11 caiculated? e. How are the percentages in cells R8 and R9 calculated? f. How is the amount in cell $9 calculated? Complete this question by entering your answers in the tabs below. How is the percentage in cell B3 calculated? Why do you think specifying the sales mix percentages for all products is important? Required information Lyndia Company is a merchandiser that sells a total of 15 products to its customers. The company provided the following information from last year: Last year, Lyndia's total fixed expenses and net operating income were $3,000,000 and $1,223,070, respectively. The company would like your assistance in developing some financial projections for this year. Click here to download the Excel template. which you will use to answer the guestions that follow. Click here for a brief tutorial on Goal Seek in Excel. Click here for a a brief tutorial on Charts in Excel. Click here for a brief tutorial on Conditional Formatting in Excel . To confirm your understanding of the spreadsheet's design, answer the following questions with respect to last year: Required: a. How is the percentage in cell B3 calculated? Whv do vou think specifvina the sales mix percentaces for all oroducts is important? Required: 1. To confirm your understanding of the spreadsheet's design, answer the following questions with respect to last year: a. How is the percentage in cell B3 calculated? Why do you think specifying the sales mix percentages for all products is important? b. How are the amounts in cells B7, B8, and B9 calculated? c. How are the amounts in cells Q7, Q8, and Q9 calculated? d. How is the amount in cell Q11 caiculated? e. How are the percentages in cells R8 and R9 calculated? f. How is the amount in cell $9 calculated? Complete this question by entering your answers in the tabs below. How is the percentage in cell B3 calculated? Why do you think specifying the sales mix percentages for all products is important
