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N In the Sales sheet, calculate the Gross Sales, Discount Applied (discount is applied to gross sales), Sales, Cost of Goods Sold, and Profit. 15

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N In the Sales sheet, calculate the Gross Sales, Discount Applied (discount is applied to gross sales), Sales, Cost of Goods Sold, and Profit. 15 w In column O, use the IF function to display a P if the profit is greater than 0 and L if it is oor less. 8 Hint: You should not need a nested IF for this task. Only one IF is required. Beginning in cell T1, create a lookup table of discount categories, based on the following: 0% None 1%-3% Low 4%-8% Medium 9%+ High Year Units Sold COGS Profit P/L Discount Category 2013 20 2013 Segment Country Government Canada Government Canada Small Business Canada Enterprise Canada Government Canada Channel Partners Canada Midmarket Canada Midmarket France Product Velo Paseo Montana Carretera VTT Amarilla Paseo Paseo Month Name September September September September September September September September 2013 2013 2013 Manufacturing Price Sale Price Gross Sales 2646 120 2349 10 1283 5 300 2416 125 623 350 2761 260 2470 10 Discount Rate Discount Appli Sales 0.04 0.05 0.08 0.12 0.12 0.12 0.14 250 2013 2013 2013 549 20

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