Write an IF formula that calculates the Bonus of 5% of sales if the sale exceeds $250,000. If sales doesn't exceed $250,000 then the bonus is 0 erSales$$$$$DD$$G$Conditional FormattingFormat as TableCell StylesStyles125,000 $ 37,500227,000 $68,100451,000 $ 135,300132,000 $39,600365,000 $109,500521,000 $156,300378,000 $ 113,400238,000 $71,400$412,000 $123,600$225,000 $67,500$ 3,074,000 $ 922,200HCommissionVBonusCellsEditir

The query selects the "Sales" and "Commission" columns from EmployeeSales table and calculates the…

Answered: Write an IF formula that calculates the…

Write an IF formula that calculates the Bonus of 5% of sales if the sale exceeds $250,000. If sales doesn't exceed $250,000 then the bonus is 0

COMPREHENSIVE MICROSOFT OFFICE 365 EXCE

1st Edition

ISBN:9780357392676

Author:FREUND, Steven

Publisher:FREUND, Steven

Chapter7: Creating Templates, Importing Data, And Working With Smartart, Images, And Screenshots

Section: Chapter Questions

Problem 1EYK

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Concept explainers

Control structures

Control structures are block of statements that analyze the value of variables and determine the flow of execution based on those values. When a program is running, the CPU executes the code line by line. After sometime, the program reaches the point where it has to make a decision on whether it has to go to another part of the code or repeat execution of certain part of the code. These results affect the flow of the program's code and these are called control structures.

Switch Statement

The switch statement is a key feature that is used by the programmers a lot in the world of programming and coding, as well as in information technology in general. The switch statement is a selection control mechanism that allows the variable value to change the order of the individual statements in the software execution via search.

Question

Write an IF formula that calculates the Bonus of 5% of sales if the sale exceeds $250,000. If sales doesn't exceed $250,000 then the bonus is 0

er
Sales
$
$
$
$
$
D
D
$
$
G
$
Conditional Formatting
Format as Table
Cell Styles
Styles
125,000 $ 37,500
227,000 $
68,100
451,000 $ 135,300
132,000 $
39,600
365,000 $
109,500
521,000 $
156,300
378,000 $ 113,400
238,000 $
71,400
$
412,000 $
123,600
$
225,000 $
67,500
$ 3,074,000 $ 922,200
H
Commission
V
Bonus
Cells
Editir

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