B G Goal Seek Status 1 PROBLEM 3: CALCULATE THE 'REQUIRED MORE SALES' OF A STORE KEEPING GOAL OF 'AVG SALES = $55000'. ( 2 3 Goal Seeking with Cell B18 4 MONTHLY TOTAL SALES OF A STORE 5 PRODUCTS SALES 6 APPLE $72,450 7 SAMSUNG $47,350 8 NOKIA $18,932 9 NIKON $37,540 10 CANON $53,123 11 SONY 12 PHILIPS 13 HITACHI 14 LENOVO 15 BENQ 16 IBM 17 REQUIRED MORE SALES 18 AVG SALE $77,899 $25,000 $64,350 $81,990 $15,430 $78,950 -335544.32| $52,092 20 21 2222 OK may not have found a solution. Target value: 55000 Cancel Current value: $52,092 Step Pause M
B G Goal Seek Status 1 PROBLEM 3: CALCULATE THE 'REQUIRED MORE SALES' OF A STORE KEEPING GOAL OF 'AVG SALES = $55000'. ( 2 3 Goal Seeking with Cell B18 4 MONTHLY TOTAL SALES OF A STORE 5 PRODUCTS SALES 6 APPLE $72,450 7 SAMSUNG $47,350 8 NOKIA $18,932 9 NIKON $37,540 10 CANON $53,123 11 SONY 12 PHILIPS 13 HITACHI 14 LENOVO 15 BENQ 16 IBM 17 REQUIRED MORE SALES 18 AVG SALE $77,899 $25,000 $64,350 $81,990 $15,430 $78,950 -335544.32| $52,092 20 21 2222 OK may not have found a solution. Target value: 55000 Cancel Current value: $52,092 Step Pause M
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question
How would this get solved? How would I goal seek? What formula would need to be used? I'm practicing formulas because i'd like to get into finance at some point and I'm stuck on this practice question,
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