1. 3. Amy Zhao is a financial analyst with MedSight Instruments, a global manufacturer of medical...
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1. 3. Amy Zhao is a financial analyst with MedSight Instruments, a global manufacturer of medical instruments and devices. The MedSight Auditory Instruments Division is planning to manufacture and market an innovative hearing aid suitable for all ages. Amy is using an Excel workbook to estimate the sales, expenses, and profits of the new 2. Use the values and formatting in the range B6: B7 to extend the list of years to the range B8:B10 and project five years of growth. 4. device. Switch to the Unit Sales Projections worksheet. Use the values in the range C5:D5 to fill the range E5:15 with a series of incremented percentages. Use AutoFill to fill the range C8:110 with the formatting from the range C6:17 to apply a consistent format in the projections. a. Enter formulas as follows to complete the table of projections in the range C6:110: In cell C7, create a formula without using a function that multiplies the sales projection for the first year (cell C6) by the first growth rate (cell C5), and adds the sales projection for the first year (cell C6) to the result to determine the first estimate for 2022. b. Use an absolute reference to row 5 in the reference to cell C5. C. Copy the formula from cell C7 to the range C8:C10, and then copy the formulas from the range C7:C10 to the range D7:110 to complete the table of projections. K21 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 A ← B 2021 2022 2023 2024 2025 fx C D 4% 10,000 E 8% 10,000 MedSight Auditory Instruments Unit Sales Projections Five-year growth estimates 16% 10,000 F 12% 10,000 G 20% 10,000 H 24% 10,000 | 28% 10,000 J 1. 3. Amy Zhao is a financial analyst with MedSight Instruments, a global manufacturer of medical instruments and devices. The MedSight Auditory Instruments Division is planning to manufacture and market an innovative hearing aid suitable for all ages. Amy is using an Excel workbook to estimate the sales, expenses, and profits of the new 2. Use the values and formatting in the range B6: B7 to extend the list of years to the range B8:B10 and project five years of growth. 4. device. Switch to the Unit Sales Projections worksheet. Use the values in the range C5:D5 to fill the range E5:15 with a series of incremented percentages. Use AutoFill to fill the range C8:110 with the formatting from the range C6:17 to apply a consistent format in the projections. a. Enter formulas as follows to complete the table of projections in the range C6:110: In cell C7, create a formula without using a function that multiplies the sales projection for the first year (cell C6) by the first growth rate (cell C5), and adds the sales projection for the first year (cell C6) to the result to determine the first estimate for 2022. b. Use an absolute reference to row 5 in the reference to cell C5. C. Copy the formula from cell C7 to the range C8:C10, and then copy the formulas from the range C7:C10 to the range D7:110 to complete the table of projections. K21 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 A ← B 2021 2022 2023 2024 2025 fx C D 4% 10,000 E 8% 10,000 MedSight Auditory Instruments Unit Sales Projections Five-year growth estimates 16% 10,000 F 12% 10,000 G 20% 10,000 H 24% 10,000 | 28% 10,000 J
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ISBN: 978-1259097126
13th edition
Authors: Robert Anthony, David Hawkins, Kenneth Merchant
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