
Determining the economic value of a product
The table in Figure 14-6 lists the cost, price, and profit margin of
various products. Determine which product is most profitable and
use conditional formatting to format it.
4
To determine the economic value:
1. Using the information in Figure 14-6, select cells E5:E12.
2. Type the formula =D5/C5.
3. Press <Ctrl+Enter>.
4. Select cells B5:E12.
5. From the Format menu, click Conditional Formatting.
6. Select Formula Is and type the following formula:
=$E5=MAX($E$5:$E$12).
7. Click Format.
8. Select a color in the Patterns tab, and confirm with OK.
9. Click OK.
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Chapter 14
Figure 14-6