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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Table 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
 
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