Question: Formula: Divide, Subtract; Cell Referencing Using Excel to Evaluate Profitability Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in this template.

 Formula: Divide, Subtract; Cell Referencing Using Excel to Evaluate Profitability Student

Formula: Divide, Subtract; Cell Referencing Using Excel to Evaluate Profitability Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in this template. Input the Alpha Retail reported the following for the past two fiscal required mathematical formulas or functions with cell references to the Problem area years: or work area as indicated. Net sales Cost of goods sold \begin{tabular}{rr} \multicolumn{1}{c}{2024} & \multicolumn{1}{c}{2023} \\ \hline$850,000 & $700,000 \\ 500,000 & 400,000 \\ 75,000 & 70,000 \end{tabular} a. Calculate the gross profit margin and profit margin as a percent for both year Profit for the year Gross profit margin Profit margin b. Indicate any changes in profitability. Alpha Retail's profitability has , since both its gross profit margin and profit margin have from the previous year

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