Please answer the questions using an Excel Formula

Answers must be written using an Excel Formula

Thank you

212 A Financial Statement Example of Formulas 213 Below is data from an Income Statement. 214 We have highlighted cells for you to calculate totals, ratios, and growth rates using the formulas and definitions you have been taught. 215 Format the results as specified. 216 217 2018 2019 Format 218 Revenues 10,251 10,529 219 Year Over Year Revenues Growth Percent one decimal points 220 Cost of Revenues 7,325 7,563 221 Gross Profit (Revenues - Cost of Revenues) Comma after thousands, no decimal point 222 Gross Margin (Gross Profit / Revenues) Percent no decimal points 223 Remember to force the calculation for the reformatting to change incorrect cells to red