Use Goal Seek in Excel to find a target value

Goal Seek is a great feature in Excel to find a target value. You can find Goal Seek within the Data Tab under the what-if button. In this example, I will share with you how to answer how much new revenue much we achieve to produce $10,000 in profit. Goal Seek options setup Goal Seek Results: The value is $8,050 in new product revenue will yield a profit of 10K.

By |2018-06-07T23:45:08-05:00April 11th, 2018|Excel|0 Comments

How to use the Index and Match function to lookup up values in a non traditional table

I want to use the data set to lookup the items associated by month. At any given month, I want to lookup the values for the revenue and expenses per ID. The IDs are listed above but they are located in merge cells. This creates a problem because typically tables do not have merge cells. But with using the index and match function I can lookup the data I want. I will need to create 3 range names. One for the data range, one for the horizontal labels, and the other for the vertical labels. The index function has 3 arguments. First I use the data range, then I need a row number to go [...]

By |2018-06-07T23:46:35-05:00February 10th, 2018|Excel|0 Comments
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