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Please help me out with this by using Excel's Solver function ! Thank you so much !

Please help me out with this by using Excel's Solver function ! Thank you so much !

Essentials Of Investments
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 !

File 5 Undo Home Paste Insert Page Layout X Cut [Copy Format Painter Clipboard 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 ✔
Transcribed Image Text:File 5 Undo Home Paste Insert Page Layout X Cut [Copy Format Painter Clipboard 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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