Problem #4 Apply goal seek to calculate the number of units needed to achieve a total net revenue. The model will include the number of units sold, the retail price, and a discount to calculate total net revenue. Make sure you show the formulas you use and the steps you do please.
Problem #4 Apply goal seek to calculate the number of units needed to achieve a total net revenue. The model will include the number of units sold, the retail price, and a discount to calculate total net revenue. Make sure you show the formulas you use and the steps you do please.
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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Problem #4 Apply goal seek to calculate the number of units needed to achieve a total net revenue. The model will include the number of units sold, the retail price, and a discount to calculate total net revenue.
Make sure you show the formulas you use and the steps you do please.
Transcribed Image Text:#4
#5
A
B
Annual Interest Rate
Number of Payments
Loan Amount
Annual Payment
C
5%
5
$999.00
($5,000.00)
Total Net Revenue Calculator
# of Units
Retail Price
Selling Discount
Total Net Revenue
Current
Target
$99.99
25%
$25,000
D
Water Storage Data
Capacity
(gal)
2,125,120
2 125 120
Volume
(gal)
855,000
2
E
Goal Seek
Set cell: C39
To value: 25,0000
By changing cell: $C$39
40%
62%
Cancel
X
Alert
Cell must contain a formula.
F
OK
OK
G
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