develop a worksheet for Global Steel to show its annual growth for the next five years based on the prior year’s sales and growth data
You have been asked to develop a worksheet for Global Steel to show its annual growth for the next five years based on the prior year’s sales and growth data. Include an embedded 3-D Pie chart that shows the contribution of each year’ gross margin to the total gross margin. Table 1 in the following shows the data and general layout of the worksheet, with assumptions. Table 2 provides the formulas to be used. Design and format the worksheet and enter the formulas shown in Table 2 with proper cell references. The values in the Total column should be calculated using the SUM function.
Table 1 Global Steel Sales Data with Assumptions
Sales for Year 0 (Prior Year’s Sales for Year 1) 26300000
Annual Growth Rate 2.250%
Annual Cost Rate 41.25%
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Order Paper NowTable 2 Global Steel Sales Projection Formulas
Formula A: Sales = Prior Year’s Sales * (1 + Annual Growth Rate) |
Formula B: Cost of Goods = Sales * Annual Cost Rate |
Formula C: Gross Margin = Sales – Cost of Goods |