3 = 5 Manufacturing cost $ 5 Sales price $ $ Shipping cost 3 2021 sales units 9 0 1 2 3 4 5 6 Sales Projections 7 2021 $ 2022 $ 2023 $ 2024 $ 2025 $ 26.80 75.00 5.83 10,000 5% 423,700 $ 444,885 $ 467,129 $ 490,486 $ 515,010 $ Scrub Jay Peripherals Profit Projections 10% 423,700 $ 466,070 $ 512,677 $ 563,945 $ 620,339 $ Gross Profit From Sales Projections Year-over-year growth estimate 20% 15% 423,700 $ 487,255 $ 560,343 $ 644,395 $ 741,054 $ Current date Launch Factory work days to market 423,700 $ 508,440 $ 610,128 $ 732,154 $ 878,584 $ Timeline 25% 423,700 $ 529,625 $ 662,031 $ 827,539 $ 1,034,424 $ 30% 423,700 $ 550,810 $ 716,053 $ 930,869 $ 1,210,130 $ 5/21/18 11/26/21 920 35% 423,700 571,995 772,193 1,042,461 1,407,322
3 = 5 Manufacturing cost $ 5 Sales price $ $ Shipping cost 3 2021 sales units 9 0 1 2 3 4 5 6 Sales Projections 7 2021 $ 2022 $ 2023 $ 2024 $ 2025 $ 26.80 75.00 5.83 10,000 5% 423,700 $ 444,885 $ 467,129 $ 490,486 $ 515,010 $ Scrub Jay Peripherals Profit Projections 10% 423,700 $ 466,070 $ 512,677 $ 563,945 $ 620,339 $ Gross Profit From Sales Projections Year-over-year growth estimate 20% 15% 423,700 $ 487,255 $ 560,343 $ 644,395 $ 741,054 $ Current date Launch Factory work days to market 423,700 $ 508,440 $ 610,128 $ 732,154 $ 878,584 $ Timeline 25% 423,700 $ 529,625 $ 662,031 $ 827,539 $ 1,034,424 $ 30% 423,700 $ 550,810 $ 716,053 $ 930,869 $ 1,210,130 $ 5/21/18 11/26/21 920 35% 423,700 571,995 772,193 1,042,461 1,407,322
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
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I need to figure out the formula to get the value in B13. Here are the instructions:
In cell B13, create a formula without a

Transcribed Image Text:### Scrub Jay Peripherals: Profit Projections
#### Sales Projections
- **Manufacturing Cost**: $26.80
- **Sales Price**: $75.00
- **Shipping Cost**: $5.83
- **2021 Sales Units**: 10,000
#### Timeline
- **Current Date**: 5/21/18
- **Launch**: 11/26/21
- **Factory Work Days to Market**: 920
#### Gross Profit From Sales Projections
This section outlines the projected gross profit based on year-over-year growth estimates ranging from 5% to 35%.
| Year | 5% Growth | 10% Growth | 15% Growth | 20% Growth | 25% Growth | 30% Growth | 35% Growth |
|------|-----------|------------|------------|------------|------------|------------|------------|
| 2021 | $423,700 | $423,700 | $423,700 | $423,700 | $423,700 | $423,700 | $423,700 |
| 2022 | $444,885 | $466,070 | $487,255 | $508,440 | $529,625 | $550,810 | $571,995 |
| 2023 | $467,129 | $512,677 | $560,343 | $610,128 | $662,031 | $716,053 | $772,193 |
| 2024 | $490,486 | $563,945 | $644,395 | $732,154 | $827,539 | $930,869 | $1,042,461 |
| 2025 | $515,010 | $620,339 | $741,054 | $878,584 | $1,034,424 | $1,210,130 | $1,407,322 |
These projections help in understanding how varying growth rates can impact profits over five years, providing valuable insight for strategic financial planning.
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