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Grove Audio is considering the introduction of a new model of wireless speakers with the following price and cost characteristics. Required: Using the Goal Seek
Grove Audio is considering the introduction of a new model of wireless speakers with the following price and cost characteristics. Required: Using the Goal Seek function in Microsoft Excel, prepare an Excel spreadsheet to answer the following questions: a. What number must Grove Audio sell to break even? b. What number must Grove Audio sell to make an operating profit of $180,000 per year? Note: Please submit your file attachment response in one of the approved file formats; Word file (.doc or.docx), Excel file (.xls or. .xisx), or PDF. To submit photo or image files please paste them into Word or PDF. Consult with your instructor as needed on the preferred file attachment format
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