Task 1 of 6
Rewrite the cost of goods in E2:E7 so the share comes from J1 (and fix the row where a number was typed in).
Lesson theory
You've been handed a profit model for a home-appliance store. The author has left, and the numbers "don't add up." Your job is to audit the model and bring it up to a professional standard:
- cost of goods and the marketplace fee are calculated with numbers inside the formulas (
=D2*0.6,=D2*0.08), even though the parameters sit in the block J1:J3; - in one row the cost is typed in as a number;
- the "Total" row doesn't cover the whole range, and the profit total is simply typed in by hand;
- there is no tax and no check cell.
Use the techniques from this track: Ctrl+`, Trace Precedents, references to parameters, and a check total. At the end, test the model by changing a parameter: the marketplace fee rises to 10%.
Test yourself
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