Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Download the DJI Mavic Drone SKU dataset. Required: In Excel, calculate the gross margin ( Sales Price - Cost ) , and gross margin percentage

Download the DJI Mavic Drone SKU dataset.
Required:
In Excel, calculate the gross margin (Sales Price - Cost), and gross margin percentage (Sales Price - Cost)/Sales Price for each SKU (product). You may want to consider completing the Excel tutorial in Appendix A before completing this assignment.
Answer is not complete.
\table[[Question,Answer],[a. What is the SKU with the highest gross margin? Hint: Use =max() function to calculate.,DJI-AIF],[b. What is the SKU with the highest gross margin percentage? Hint: Use =max() function to calculate.,DJI-MIN],[c. What is the SKU with the lowest gross margin? Hint: Use =min() function to calculate.,DJI-GBA],[d. What is the SKU with the lowest gross margin percentage? Hint: Use =min() function to calculate.,DJI-IFB],[\table[[e. What is the average gross margin of the SKUs offered for sale? Hint: Use =average() function to],[calculate.(Round to 2 decimal places.)]],291.42],[\table[[e. What is the median gross margin of the SKUs offered for sale? Hint: Use =median() function to calculate.],[(Round to 2 decimal places.)]],],[\table[[f. What is the average gross margin percentage of the SKUs offered for sale? Hint: Use =average() function],[to calculate. (Round to 3 decimal places.)]],],[\table[[f. What is the median gross margin percentage of the SKUs offered for sale? Hint: Use =median() function to],[calculate.(Round to 3 decimal places.)]],]]
image text in transcribed

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

Transportation A Global Supply Chain Perspective

Authors: Robert A. Novack, Brian Gibson, Yoshinori Suzuki, John J. Coyle

9th Edition

1337406643, 9781337406642

More Books

Students also viewed these General Management questions