Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Year to Date Year-to-date (YTD) is a period starting from the beginning of the current year and continuing up to the present date.You want to

Year to Date

Year-to-date (YTD) is a period starting from the beginning of the current year and continuing up to the present date.You want to calculate the YTD sales and compare this with the figure from the same period last year. Specifically, you will create the following measures YTDSales: calculates the YTDsales. Format this measure asCurrency.(Hint: Check out theTOTALYTDfunction).

LY YTD Sales: calculates last year YTD sales.Format this measure asCurrency.(Hint: You might find theCALCULATEandSAMEPERIODLASTYEARfunction useful).

YTD Sales Var: calculates sales variance between this year and last year YTD sales.Format this measure asCurrency. (Hint: This is simply the difference betweenYTDSalesandLY YTD Sales).

YTD Sales Var %: calculates sales variance between this year and last year YTD sales in percentage.Format this measure asPercentage. (Hint: This is simply the percentage ofYTDSales VarfromLY YTD Sales. You might find theDIVIDEfunction useful).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Personnel Administration And Labor Relations

Authors: Norma M Riccucci

1st Edition

1317461754, 9781317461753

More Books

Students also viewed these Economics questions

Question

define and assess job burnout, boredom at work and work engagement;

Answered: 1 week ago

Question

1. Maintain my own perspective and my opinions

Answered: 1 week ago