Asked by Fahami Shapawi on Jun 06, 2024
Verified
You can use Goal Seek to determine how many products to sell to earn a targeted profit amount.
Goal Seek
A function in spreadsheet applications that finds the input value needed to achieve a targeted outcome by altering one variable.
Targeted Profit
The specific amount of profit that a business aims to achieve within a certain period.
- Employ Goal Seek to perform what-if analysis.
Verified Answer
SL
Samuel LucasJun 10, 2024
Final Answer :
True
Explanation :
Goal Seek can be used to determine the value of one variable given a specific target for another variable. In this case, we can use Goal Seek to determine how many products to sell in order to reach a targeted profit amount.
Learning Objectives
- Employ Goal Seek to perform what-if analysis.
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