Hi,
did you try go seak?
hth

Signature
regards from Brazil
Thanks in advance for your feedback.
Marcelo
> Hello,
> I'm trying to write a funcction that will calculate the amount of
[quoted text clipped - 12 lines]
>
> Any clues?!?! ANY input would be so appreciated!!
donna-LexusWebs - 28 Aug 2006 21:28 GMT
I am not familiar with that function. What would it look like?
> Hi,
>
[quoted text clipped - 18 lines]
> >
> > Any clues?!?! ANY input would be so appreciated!!
tim m - 28 Aug 2006 21:52 GMT
It's under 'Tools'....'goal seek'
> I am not familiar with that function. What would it look like?
>
[quoted text clipped - 20 lines]
> > >
> > > Any clues?!?! ANY input would be so appreciated!!
This may or may not be of any help to you but it might set you on the right
path. (There might be a function for this but if there is I haven't used it.)
I tried to reverse engineer your scenario by doing the following:
In Cell A2 I put $100,000 for sales, in column B2 I put cost of sales
A2*.75, in Column C2 I put Commision A2*.03 in Column D2 I put Profit A2-B2
(I left out commision in the 1st row becasue you want to calculate your
profit without the commision to begin with. That gives a profit of $25,000
on sales of $100,000 with no commisions.
I then copied that row to row 3 and this time I put A3-B3-C3 as the profit
as this time I'd be including the commision.
I then experimented with putting in various amounts in the Sales cell until
I came up with a profit of $25,000 with the 3% commision and .75 cost of
sales included.
I ended up with a figure of $113,635 as the needed sales to give you a
profit of $25,000 and pay out the commisions. (a 13.65% increase in sales)
As an experiement I doubled the sales amount to $227,270 and it gave double
the profits of $50,000
> Hello,
> I'm trying to write a funcction that will calculate the amount of
[quoted text clipped - 12 lines]
>
> Any clues?!?! ANY input would be so appreciated!!
donna-LexusWebs - 29 Aug 2006 18:17 GMT
Thanks for your help, Tim. It was very helpful. I took it to the next level
and automated a Solver macro to reference the value that I would need since
it would change according to my data (and there's a lot of data to "solve
for").
Thanks again - I love this forum!! It is always so helpful...
> This may or may not be of any help to you but it might set you on the right
> path. (There might be a function for this but if there is I haven't used it.)
[quoted text clipped - 36 lines]
> >
> > Any clues?!?! ANY input would be so appreciated!!