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 2 Profit per Unit Duantity 4 Gross Profit 12,200 6 Total Costs 7,200 17 8Net Profit With the values for Profit per Unit, Quantity, and Total Costs shown above, what should the model return for the following calculated cells?

Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
icon
Related questions
Question
Enabled: Chapter 4 The Art of Modelling with S. O
Saved
Help
Save & Exit
2 Quiz Tools
100%
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.
Collapse
A
B
2 Profit per Unit
3 Quantity
4 Gross Profit
5
12,200
6 Total Costs
7,200
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
Mc
Pataw
< Prev
4 of 5
Next>
Hill
HUAWEI
Esc
Prtsc
tes
F1
F2
F3
F4
FS
FG
F7
F9
F10
F11
%23
%23
96
&
7.
2
3.
6.
8.
9.
%3D
Tab
R
T
Y.
U
Caps
F
G
K
C
B
Fn
Alt
Alt
Ctrl
Transcribed Image Text:Enabled: Chapter 4 The Art of Modelling with S. O Saved Help Save & Exit 2 Quiz Tools 100% 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. Collapse A B 2 Profit per Unit 3 Quantity 4 Gross Profit 5 12,200 6 Total Costs 7,200 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 Mc Pataw < Prev 4 of 5 Next> Hill HUAWEI Esc Prtsc tes F1 F2 F3 F4 FS FG F7 F9 F10 F11 %23 %23 96 & 7. 2 3. 6. 8. 9. %3D Tab R T Y. U Caps F G K C B Fn Alt Alt Ctrl
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
Computer Networking: A Top-Down Approach (7th Edi…
Computer Networking: A Top-Down Approach (7th Edi…
Computer Engineering
ISBN:
9780133594140
Author:
James Kurose, Keith Ross
Publisher:
PEARSON
Computer Organization and Design MIPS Edition, Fi…
Computer Organization and Design MIPS Edition, Fi…
Computer Engineering
ISBN:
9780124077263
Author:
David A. Patterson, John L. Hennessy
Publisher:
Elsevier Science
Network+ Guide to Networks (MindTap Course List)
Network+ Guide to Networks (MindTap Course List)
Computer Engineering
ISBN:
9781337569330
Author:
Jill West, Tamara Dean, Jean Andrews
Publisher:
Cengage Learning
Concepts of Database Management
Concepts of Database Management
Computer Engineering
ISBN:
9781337093422
Author:
Joy L. Starks, Philip J. Pratt, Mary Z. Last
Publisher:
Cengage Learning
Prelude to Programming
Prelude to Programming
Computer Engineering
ISBN:
9780133750423
Author:
VENIT, Stewart
Publisher:
Pearson Education
Sc Business Data Communications and Networking, T…
Sc Business Data Communications and Networking, T…
Computer Engineering
ISBN:
9781119368830
Author:
FITZGERALD
Publisher:
WILEY