Last answered:

24 Jul 2024

Posted on:

22 Jul 2024

0

Resolved: answer for course exam question 24 unclear

Hi,


I just took the exam, but looking at my mistakes to learn I couldn't quite understand the explanation for question 24 saying to use formula "I5/H5-1"


how do we even get to these cells? I think there are steps taken that I have failed to do and correct because the explanation is lacking information.

1 answers ( 1 marked as helpful)
Instructor
Posted on:

24 Jul 2024

1

Hi Ramzi,

When we calculate year-over-year growth we need to calculate 

(this year's revenue / last year's revenue) -1

Therefore, we've simply indicated which are the cells to which you need to apply this formula to obtain the result. 

Hope this helps!

Best,

Ned

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