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 function using absolute references that subtracts the values of cells B5 and B7 from cell B6 and then multiplies the result by cell B8. Copy the formula from cell B13 to the range C13:H13. ### 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 ProjectionsThis 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.

Manufacturing cost per unit = $26.8 in B5 Shipping Cost = $5.83 in B7 Sales price = $75 in B6 Total…

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

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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 function using absolute references that subtracts the values of cells B5 and B7 from cell B6 and then multiplies the result by cell B8. Copy the formula from cell B13 to the range C13:H13.

### 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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