Question: 13. Estimate the gross profit for 2024 as follows: a. In cell C15, create a formula without using a function that subtracts the vendor

13. Estimate the gross profit for 2024 as follows: a. In cell

13. Estimate the gross profit for 2024 as follows: a. In cell C15, create a formula without using a function that subtracts the vendor cost (cell C7) and the shipping cost (cell C9) from the sales price (cell C8), and then multiplies the result by the projected number of units for sale in 2024 (cell C10). b. C. Use absolute references to each cell in the formula. Copy the formula from cell C15 to the range D15:115 to complete the estimates for 2024. 14. Complete the growth estimates for the years 2025 to 2028 as follows: 15. a. b. C. d. In cell C16, create a formula that adds 1 to the growth rate (cell C14) and multiplies the result by the estimated profit from 2024 (cell C15). Use an absolute row reference to cell C14. Copy the formula from cell C16 to the range C17:C19 to enter the first estimates for 2026-2028. Copy the formulas from the range C16:C19 to the range D16:119 to enter the remaining sales projections. Delete row 21 since the worksheet is now complete.

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