Question

Enter a formula in cell B10 to return a value of 35000 if the net profit after tax

Answer 1

To return a value of 35,000 in cell B10 if the net profit after tax, use the given multiplier to calculate the value and use the IF formula to set the cell value based on the condition.

Step-by-step explanation:

To return a value of 35,000 in cell B10 if the net profit after tax:

1. Based on the information given, the multiplier is 0.5625.
2. Multiply the net profit after tax by the multiplier: 35,000 x 0.5625 = 19,687.5
3. Enter the formula =IF(condition, value_if_true, value_if_false) in cell B10. The condition will be the net profit after tax, and if it is met, the value will be 35,000, otherwise it will be the calculated value 19,687.5.