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#Goal seek excel for mac free#
See Learn VBA Online - A Tutorial For Beginners: Learn VBA Online with this completely free Interactive Tutorial starting from basic to advanced topics with examples including VBA Basics, Variables, Conditional Logic, Loops, Advanced Cell Referencing, Message and Input Boxes, Events, Settings, Advanced Procedures, and Arrays. When the Define Name created range names to create a formula to calculate Gross Profit (cell Range Names, paste the newly created range name information in cell A1, Create a new worksheet labeled Range Names, paste the newly created range name information in cell A1, and resize the columns as needed for proper display. View 9 Replies View Related Copy A Formula In A Cell And Then Paste Only The Text Of The Select both the cell with the “Name” and the adjacent cells for the range. In the menu bar, select Insert, Function. This will establish a Named Range called Finance. Press Alt + F8 to open the Macro dialog box. Note that both ranges must be on the same worksheet for this example to work.
Note: visit our page about Goal Seek for more examples and tips.Paste the newly created range name information in cell a1 Add Method 39 minutes to read In this article Add method as it applies to the AddIns object. You need to sell 90% of the books for the highest price to obtain a total profit of exactly $4700. Click in the 'By changing cell' box and select cell C4. Click in the 'To value' box and type 4700.ĥ. What if you want to know how many books you need to sell for the highest price, to obtain a total profit of exactly $4700? You can use Excel's Goal Seek feature to find the answer.Ĥ. That's how easy what-if analysis in Excel can be. Next, select cell D10 (total profit) for the result cell and click on OK.Ĭonclusion: if you sell 70% for the highest price, you obtain a total profit of $4100, if you sell 80% for the highest price, you obtain a total profit of $4400, etc. Click the Summary button in the Scenario Manager.Ģ. To easily compare the results of these scenarios, execute the following steps.ġ. Excel will change the value of cell C4 accordingly for you to see the corresponding result on the sheet. Note: to see the result of a scenario, select the scenario and click on the Show button. Next, add 4 other scenarios (70%, 80%, 90% and 100%).įinally, your Scenario Manager should be consistent with the picture below: Enter the corresponding value 0.6 and click on OK again.Ħ. Type a name (60% highest), select cell C4 (% sold for the highest price) for the Changing cells and click on OK.ĥ. On the Data tab, in the Forecast group, click What-If Analysis.Ĥ. However, what-if analysis enables you to easily compare the results of different scenarios. Note: You can simply type in a different percentage into cell C4 to see the corresponding result of a scenario in cell D10. You can use the Scenario Manager to create these scenarios. Create Different Scenariosīut what if you sell 70% for the highest price? And what if you sell 80% for the highest price? Or 90%, or even 100%? Each different percentage is a different scenario. If you sell 60% for the highest price, cell D10 calculates a total profit of 60 * $50 + 40 * $20 = $3800.
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