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Use Goal Seek to find the new price per box (cell K8) to reach a new daily average sales goal of $3,000 in cell K7. Accept the solution found by Goal Seek. J 1 Current price per box: 2 Daily sales goal: 3 Average daily sales: 4 Lowest daily sales: 5 Highest daily sales: 6 Average sales with 7 price increase 8 New price per box: 9 10 Lookup date: 11 Sales goal met? K $6 $1,500 $2,762 $720 $4,248 $ 2,762 $6 8/19/2019

Use Goal Seek to find the new price per box (cell K8) to reach a new daily average sales goal of $3,000 in cell K7. Accept the solution found by Goal Seek. J 1 Current price per box: 2 Daily sales goal: 3 Average daily sales: 4 Lowest daily sales: 5 Highest daily sales: 6 Average sales with 7 price increase 8 New price per box: 9 10 Lookup date: 11 Sales goal met? K $6 $1,500 $2,762 $720 $4,248 $ 2,762 $6 8/19/2019

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Use Goal Seek to find the new price per box (cell K8) to reach a new daily average sales goal of $3,000 in cell K7. Accept the solution found by Goal Seek.
Transcribed Image Text:Use Goal Seek to find the new price per box (cell K8) to reach a new daily average sales goal of $3,000 in cell K7. Accept the solution found by Goal Seek.
J 1 Current price per box: 2 Daily sales goal: 3 Average daily sales: 4 Lowest daily sales: 5 Highest daily sales: 6 Average sales with 7 price increase 8 New price per box: 9 10 Lookup date: 11 Sales goal met? K $6 $1,500 $2,762 $720 $4,248 $ 2,762 $6 8/19/2019
Transcribed Image Text:J 1 Current price per box: 2 Daily sales goal: 3 Average daily sales: 4 Lowest daily sales: 5 Highest daily sales: 6 Average sales with 7 price increase 8 New price per box: 9 10 Lookup date: 11 Sales goal met? K $6 $1,500 $2,762 $720 $4,248 $ 2,762 $6 8/19/2019
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