An analyst built the following spreadsheet, complete with named ranges (for example, cell B2 is named "Unit_Price" based on the heading in cell A2). A B 1 Unit Price 19 3 Unit Cost 8.57 Unit Gross Profit Unit Price Unit Cost 5 6 Quantity Sold 5,800 7 8. Gross Revenue Quantity Sold x Unit Price 9 Variable Costs Quantity Sold x Unit Cost 10 Fixed Costs 3,200 11 Net Profit Gross Revenue - Variable Costs - Fixed Costs Profit per Unit Net Profit/Quantity Sold 12 After entering the data shown below in cells B2, B3, B6, and B10, what values should appear in the following cells? (Round your "Unit Gross Profit and Profit per Unit" answers to 2 decimal places.) Cell Value B4 (Unit Gross_Profit) B8 (Gross_Revenue) B9 (Variable_Costs) B11 (Net Profit) B12 (Profit per_Unit)
An analyst built the following spreadsheet, complete with named ranges (for example, cell B2 is named "Unit_Price" based on the heading in cell A2). A B 1 Unit Price 19 3 Unit Cost 8.57 Unit Gross Profit Unit Price Unit Cost 5 6 Quantity Sold 5,800 7 8. Gross Revenue Quantity Sold x Unit Price 9 Variable Costs Quantity Sold x Unit Cost 10 Fixed Costs 3,200 11 Net Profit Gross Revenue - Variable Costs - Fixed Costs Profit per Unit Net Profit/Quantity Sold 12 After entering the data shown below in cells B2, B3, B6, and B10, what values should appear in the following cells? (Round your "Unit Gross Profit and Profit per Unit" answers to 2 decimal places.) Cell Value B4 (Unit Gross_Profit) B8 (Gross_Revenue) B9 (Variable_Costs) B11 (Net Profit) B12 (Profit per_Unit)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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