Determine what values the spreadsheet should display. (Round your Cell Value B4 (Discount in dollars) B5 (Net Price) B7 (Sales tax in dollars) B8 (Final Price)

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter7: Nonlinear Optimization Models
Section: Chapter Questions
Problem 49P: If a monopolist produces q units, she can charge 400 4q dollars per unit. The variable cost is 60...
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A student prepared the following spreadsheet model to calculate the final price of clothing items which are sold at a discount. To be
complete, the student included a calculation of sales tax in the final price, qiven the original price (200), discount (0.21), and sales tax
rate (0.04) shown below.
A
B
Collapse
1
2 Original Price
3 Discount (X)
4 Discount (S)
5 Net Price
6 Sales Tax(X)
7Sales Tax(S)
8 Final Price
200
0.21
B2 x B3
= 82 - B4
0.04
- ROUND(85 x B6,2)
-ROUND (B5 + 87,2)
Determine what values the spreadsheet should display. (Round your answer to 2 decimal places.)
Cell
Value
B4 (Discount in dollars)
B5 (Net Price)
B7 (Sales tax in dollars)
B8 (Final Price)
Mc
Graw
Hill
2 of 5
< Prev
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F7
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F4
%23
96
&
2
6.
8.
Tab
R
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Transcribed Image Text:uiz Tools Enabled: Chapter 4 The Art of Modelling with S. Saved Help Save & Exit 100% A student prepared the following spreadsheet model to calculate the final price of clothing items which are sold at a discount. To be complete, the student included a calculation of sales tax in the final price, qiven the original price (200), discount (0.21), and sales tax rate (0.04) shown below. A B Collapse 1 2 Original Price 3 Discount (X) 4 Discount (S) 5 Net Price 6 Sales Tax(X) 7Sales Tax(S) 8 Final Price 200 0.21 B2 x B3 = 82 - B4 0.04 - ROUND(85 x B6,2) -ROUND (B5 + 87,2) Determine what values the spreadsheet should display. (Round your answer to 2 decimal places.) Cell Value B4 (Discount in dollars) B5 (Net Price) B7 (Sales tax in dollars) B8 (Final Price) Mc Graw Hill 2 of 5 < Prev Next > HUAWEI PrSc Ins Esc F3 F10 F11 F12 F1 F2 F5 F6 F7 FB F9 F4 %23 96 & 2 6. 8. Tab R IT Y A F G K C V N M Alt Ctrl Alt
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ISBN:
9781337406659
Author:
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Publisher:
Cengage,