Switch to the Profit Projections worksheet. This worksheet shows cost and sales numbers for $2021,$ a table similar to the one on the Sales Projections worksheet, and a timeline to launch. The timeline needs to be completed.

Use a function in the appropriate cell to insert the current date in the Timeline section of the worksheet. Be sure that the date displays in the format $*$m$/$dd$/$yyyy$,$ matching the format in the cell below.

Use a function in the appropriate cell to calculate the number of working days between the current date and the launch date.

The profit projections will be based on the sales projections table in the upper left. Begin completing this table by extending the percentages horizontally up to $35\%.$

Extend the list of years down to $2025.$

Without using a function, calculate the $5\%$ projection in $2021$ using a formula that subtracts the manufacturing cost and the shipping cost from the sales price and then multiplies the result by the number of sales units. The formula should always reference those exact cells. Copy the formula across the row.

Calculate the $5\%$ projection in $2022$ by adding $1$ to the percentage and then multiplying the result by the $2021$ projection. Update the formula to always reference the percentage row. Copy the formula down to fill the remaining years, and then across to fill the remaining percentages.

The table is now complete. Delete the row of text below the table.

Your workbook should look like the Final Figures on the following pages. Save your changes, close the workbook, and then exit Excel. Follow the directions on the SAM website to submit your completed project.

$($Note: The current date in the Profit Projections worksheet may differ from that shown below.$)$