Q. I am trying to create a formula in our accounting system, but I keep getting errors. What can I do to get the formula to work? A. All Excel users know how powerful formulas are, but sometimes it ...
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How to use the LET function in Microsoft Excel
If you're tired of repeated calculations, hard-to-read formulas, and sluggish Excel worksheets, the LET function is your solution. It assigns simple names to complex calculations, making formulas ...
Your profit margin is an important figure for your business because it tells you the percentage of each sale that is profit. Profit margins are important when you are pricing products, generating ...
Gross margin constitutes the percent of sales that is applied to profit. As an example, if you had a 50 percent gross margin, half of the sale is profit; the other half covers the original cost of the ...
Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...
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