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The bonus, B, paid to a companys franchise managers is based on the following formulae: B = b1 + b2(Y ), for Y B =

The bonus, B, paid to a companys franchise managers is based

on the following formulae:

B = b1 + b2(Y ), for Y

B = b1 b3 ( - Y), for > Y

Where:

b1 = 5%...or a percentage of your choosing

b2 = 2%...or a percentage of your choosing

b3 = 6%...or a percentage of your choosing

= forecasted sales revenue

Y = actual sales revenue

Can you model the formulae above in Excelso that your employees can enter

their Forecasted Sales and their Actual Sales and have their bonuses

calculated (in one cell!)??

Let Y and each have different values such that you have at least 5 iterations

and include results in another table within the Excel spreadsheet.

Someone please show me how to do this in excel!! Please show all work.

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