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Business, 13.05.2021 19:20 famouzgal

BrushEm sells toothpaste and has to decide whether to raise prices starting in 2021. It evaluated how much Extra Revenue will be generated by the new price of $2.50($/tube) versus the current price of $2.00. Its Market Share (in units) decreases with a price increase per a linear model: Market Share = 1.0-0.1*Price. The expected 2020 Market Size for toothpaste is 100 million (M) tubes and is expected to grow 5.0M tubes per year. Below is the spreadsheet BrushEm used to estimate the Extra Revenue a. What Excel formulas were put into cells B14 and B19 to compute Market Shares with the Current and the New Price, respectively?
B14: = B19: =
b. What formula was put into cell C15 in order to do a Fill Right to calculate Sales with the Current Price from 2020 to 2023?
C15: =
c. What formula was put into cell C21 to do a Fill Right to calculate Revenue with the New Price from 2021 to 2023?
C21: =
d. What formula was put into cell C24 to compute the Extra Revenue in 2021 as the difference between Revenue with the New Price minus the Revenue with the Current Price?
C24: =

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