Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Excel 2019 Proyed 6 Use the newly created range names to create a formula to calculate Gross Profit (cel B12) and Net Profit (cell B13).

image text in transcribed
image text in transcribed
Excel 2019 Proyed 6 Use the newly created range names to create a formula to calculate Gross Profit (cel B12) and Net Profit (cell B13). Create a new worksheet named Range Names, paste the newly created range name information in cell A1, and resize the columns as needed for proper display 5 5 6 6 7 5 Mac users, use the Insert menu to insert a new worksheet and paste the range names On the Direct Marketing worksheet, use Goal Seek to determine the optimal click rate in order to eam a $5,000 net profit Starting in cell E4. Complete the series of substitution values ranging from 2% to 6.5% at increments of 50% vertically down column E Enter references to the Gross Profit and Net Profit in the correct location for a one-variable data table Complete the one-variable data table, and then format the results with Accounting Number Format with two decimal places Apply custom number formats to display Gross Profit in cell F3 and Net Profit in cell 63. 8 3 9 6 10 4 Data E From Table/Range Refresh Properties All Edit Links Queries & Connection Get & Transform Data B12 fx A B E E F G Direct Marketing 2 3 Inputs 4 Number of Ads 5 Click Rate 10000 5.00% 6 7 Parameters 8 Design Fee $ 2,000.00 9 Cost Per Ad $ 2.25 10 Total Clicks 500 11 Profit Per Click $ 12.50 12 Gross Profit 13. Net Profit 14 15 16 17 18 19 20 Direct Marketing Direct Marketing 2 Type here to search o Excel 2019 Proyed 6 Use the newly created range names to create a formula to calculate Gross Profit (cel B12) and Net Profit (cell B13). Create a new worksheet named Range Names, paste the newly created range name information in cell A1, and resize the columns as needed for proper display 5 5 6 6 7 5 Mac users, use the Insert menu to insert a new worksheet and paste the range names On the Direct Marketing worksheet, use Goal Seek to determine the optimal click rate in order to eam a $5,000 net profit Starting in cell E4. Complete the series of substitution values ranging from 2% to 6.5% at increments of 50% vertically down column E Enter references to the Gross Profit and Net Profit in the correct location for a one-variable data table Complete the one-variable data table, and then format the results with Accounting Number Format with two decimal places Apply custom number formats to display Gross Profit in cell F3 and Net Profit in cell 63. 8 3 9 6 10 4 Data E From Table/Range Refresh Properties All Edit Links Queries & Connection Get & Transform Data B12 fx A B E E F G Direct Marketing 2 3 Inputs 4 Number of Ads 5 Click Rate 10000 5.00% 6 7 Parameters 8 Design Fee $ 2,000.00 9 Cost Per Ad $ 2.25 10 Total Clicks 500 11 Profit Per Click $ 12.50 12 Gross Profit 13. Net Profit 14 15 16 17 18 19 20 Direct Marketing Direct Marketing 2 Type here to search o

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_2

Step: 3

blur-text-image_3

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

More Books

Students also viewed these Accounting questions

Question

=+What determines if a firm is profitable or unprofitable?

Answered: 1 week ago