Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Please help me out with this by using Excel's Solver function ! Thank you so much !
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14 TOTAL COST
15
16 PROFIT
17
18 TARGET PROFIT
19
20 CONSTRAINTS:
21 UNITS SOLD
22 UNITS SOLD
23 PRICE
24 PRICE
25
26
27
28
29
30
Formulas Data Review View
Calibri
B
I
A
11 A^ A
A
A ✓
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==
==== I
Alignment
B
2 Use Solver to find the Units Sold and the Price per unit given expected profit of $4,500
3
and the given Constraints.
4
5
UNITS SOLD
6 PRICE PER UNIT
7 DISCOUNT%
8
9
10
11 REVENUE
12
13 COST PER UNIT
18%
$ 2.25
2
S
>
ab Wrap Text
ROUNDED
Merge & Center
с
########
2800
$ 4.50
$
4.15
5
D
General
$ % 9
Number
E
←0.00
F
N
Conditional Format as
Formatting Table-
G
H
Normal
Neutral
I
Bad
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J
Good
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TIX
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>AutoSum ✓
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Transcribed Image Text:File
5
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Home
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14 TOTAL COST
15
16 PROFIT
17
18 TARGET PROFIT
19
20 CONSTRAINTS:
21 UNITS SOLD
22 UNITS SOLD
23 PRICE
24 PRICE
25
26
27
28
29
30
Formulas Data Review View
Calibri
B
I
A
11 A^ A
A
A ✓
Font
G
Automate Help
==
==== I
Alignment
B
2 Use Solver to find the Units Sold and the Price per unit given expected profit of $4,500
3
and the given Constraints.
4
5
UNITS SOLD
6 PRICE PER UNIT
7 DISCOUNT%
8
9
10
11 REVENUE
12
13 COST PER UNIT
18%
$ 2.25
2
S
>
ab Wrap Text
ROUNDED
Merge & Center
с
########
2800
$ 4.50
$
4.15
5
D
General
$ % 9
Number
E
←0.00
F
N
Conditional Format as
Formatting Table-
G
H
Normal
Neutral
I
Bad
Calculation
Styles
J
Good
Check Cell
K
L
<>>
Insert
M
TIX
Delete Format
Cells
N
>AutoSum ✓
Fill
Clear
O
Comments
AY
Sort & Find &
Filter Select
Editing
P
Q
F
Analyze
Data
Analysis
R
Share ✔
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