Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In columns G through J , use an IF formula to calculate the value of the shipping rebate for each dealer for each quarter. If

In columns G through J, use an IF formula to calculate the value of the shipping rebate for each dealer for each quarter. If you use proper cell referencing, you should be able to write a formula in cell G17 that can be copied down the column and across the row. Remember, dealers will only receive rebates in quarters where their actual quarterly sales volumes met or exceeded expected sales volumes located in cells C4:F4.

In cells K17:K28 determine the total value of the shipping rebates for all four quarters for each dealership (found in columns G:J).

In column L, utilizing your newly found expertise in either nested IF functions or the new IFS function calculate the value of the Overall Sales Volume Bonus for each dealership per the descriptions in the opening paragraphs of this assignment.

In column M, calculate the value of the Best in Class bonus for each dealership (The dealership with the highest annual sales volume will receive the amount in cell C9 and the dealership with the 2nd highest annual sales volume will receive the amount in Cell C10. All others will receive $0). Hint: There are a few different ways that you can accomplish the Logical Argument of your IF statements for this one. Think through what your eyes/mind does when you look at the Total annual sales volume cells. You look at a number (F17 for example) to see if it is the largest in range, right? Another way would be to think something like... "does this F17 number's rank equal to 1?"image text in transcribedPLEASE SHOW FORMULAS AND GIVE STEP BY STEP ON HOW IT IS DONE THANK YOU THANK YOU THANK YOU

Manufacturer Rehates to Dealers Manufacturer Rehates to Dealers

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Databases questions