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1.) In cell C19, insert a formula that will calculate the projected advertising spending after the forecasted increase in cell A18 is added to the 2019 total. Ensure that the reference to cell A18 is an absolute cell reference.    ^What is the Formula?   2.) Copy the formula and formatting in cell C19 to the range D19:F19

1.) In cell C19, insert a formula that will calculate the projected advertising spending after the forecasted increase in cell A18 is added to the 2019 total. Ensure that the reference to cell A18 is an absolute cell reference.    ^What is the Formula?   2.) Copy the formula and formatting in cell C19 to the range D19:F19

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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1.) In cell C19, insert a formula that will calculate the projected advertising spending after the forecasted increase in cell A18 is added to the 2019 total. Ensure that the reference to cell A18 is an absolute cell reference. 
 
^What is the Formula?
 
2.) Copy the formula and formatting in cell C19 to the range D19:F19
Calculating a Value After an Increase File Home Insert Page Layout Formulas Data Review View Help P Tell me what you want to do. 8 Share A From Text/csv Queries & Connections Clear O Group - à Recent Sources e From Web Get Data E From Table/Range Reapply Filter 1 Ungroup - E Subtotal à Existing Connections | Properties Z1 Sort Text to Columns E What-lf Forecast In cell C19, insert a formula that will calculate the Refresh A Edit Links Stocks Geography EAdvanced Analysis - Sheet All Get & Transform Data Queries & Connections Data Types Sort & Filter Data Tools Forecast Outline projected advertising spending after the forecasted increase in cell A18 is added to the 2019 total. Ensure that the reference to cell A18 is an absolute cell reference. 125 A В E G H K L M N P Q R Abbey's Corner Market Advertising Analysis 2 3 Advertising Budget - Historic Data 4 2015 2016 2017 2018 2019 5 Advertising Budget: $7,300.00 $7,600.00 $7,750.00 $8,000.00 $8,330.00 6. Percent Increase: 4% 2% 3% 4% 7 Copy the formula and formatting in cell C19 to the range D19:F19. 8 10 11 12 13 14 15 16 17 Projected Advertising Budget 18 3% 2019 2020 2021 2022 2023 19 Estimated Budget: $8,330.00 20 Alternative Scenarios 21 Increase Percentage 2019 2020 2021 2022 2023 22 2% $8,330.00 $8,496.60 $8,666.53 $8,839.86 $9,016.66 23 3% 24 4%
Transcribed Image Text:Calculating a Value After an Increase File Home Insert Page Layout Formulas Data Review View Help P Tell me what you want to do. 8 Share A From Text/csv Queries & Connections Clear O Group - à Recent Sources e From Web Get Data E From Table/Range Reapply Filter 1 Ungroup - E Subtotal à Existing Connections | Properties Z1 Sort Text to Columns E What-lf Forecast In cell C19, insert a formula that will calculate the Refresh A Edit Links Stocks Geography EAdvanced Analysis - Sheet All Get & Transform Data Queries & Connections Data Types Sort & Filter Data Tools Forecast Outline projected advertising spending after the forecasted increase in cell A18 is added to the 2019 total. Ensure that the reference to cell A18 is an absolute cell reference. 125 A В E G H K L M N P Q R Abbey's Corner Market Advertising Analysis 2 3 Advertising Budget - Historic Data 4 2015 2016 2017 2018 2019 5 Advertising Budget: $7,300.00 $7,600.00 $7,750.00 $8,000.00 $8,330.00 6. Percent Increase: 4% 2% 3% 4% 7 Copy the formula and formatting in cell C19 to the range D19:F19. 8 10 11 12 13 14 15 16 17 Projected Advertising Budget 18 3% 2019 2020 2021 2022 2023 19 Estimated Budget: $8,330.00 20 Alternative Scenarios 21 Increase Percentage 2019 2020 2021 2022 2023 22 2% $8,330.00 $8,496.60 $8,666.53 $8,839.86 $9,016.66 23 3% 24 4%
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