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The table below shows the quarterly profits for XYZ Company. Sales in the summer quarter are lower than expected. There is only one quarter remaining
The table below shows the quarterly profits for XYZ Company. Sales in the summer quarter are lower than expected. There is only one quarter remaining to meet their goal of achieving $50,000 for the year. Help the manager determine how much her company should sell in the fall quarter to reach their goal. E7 XV fx =SUM(E3:56) A B D E F 1 2 3 4 Gross Winter $ 100,000.00 Spring $ 150,000.00 Summer $ 50,000.00 Fall Net Profit Goal Profit Net 10% $10,000.00 15% $22,500.00 12% $ 6,000.00 15% $ $38,500.00 5 6 7 8
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