An analyst is constructing a simple model to determine the gross and net profit of a product, given its profit per unit, quantity sold, and the total costs assigned to the product. The calculation for gross profit is Profit per Unit times Quantity. The calculation for Net Profit is Gross Profit minus Total Costs. A B 2 Profit per Unit 4 3 Quantity 11,700 4 Gross Profit 6 Total Costs 5,900 Net Profit With the values for Profit per Unit, Quantity, and Total Costs shown above, what should the model return for the following calculated cells?
An analyst is constructing a simple model to determine the gross and net profit of a product, given its profit per unit, quantity sold, and the total costs assigned to the product. The calculation for gross profit is Profit per Unit times Quantity. The calculation for Net Profit is Gross Profit minus Total Costs. A B 2 Profit per Unit 4 3 Quantity 11,700 4 Gross Profit 6 Total Costs 5,900 Net Profit With the values for Profit per Unit, Quantity, and Total Costs shown above, what should the model return for the following calculated cells?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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An analyst is constructing a simple model to determine the gross and net profit of a product, given its profit per unit, quantity sold, and
the total costs assigned to the product. The calculation for gross profit is Profit per Unit times Quantity. The calculation for Net Profit is
Gross Profit minus Total Costs.
A
B
2 Profit per Unit
4
3 Quantity
11,700
4
Gross Profit
5
6.
Total Costs
5,900
7
8
Net Profit
With the values for Profit per Unit, Quantity, and Total Costs shown above, what should the model return for the following calculated
cells?
Cell
Value
Gross Profit
Net Profit
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