Question

In: Accounting

Client Total Purchases in Prior Year Average Order Customer Rank By Purchases Company Name Average Annual...

Client Total Purchases in Prior Year Average Order Customer Rank By Purchases Company Name Average Annual Sales
A                   2,379             1,190 A (use hlookup formula here)
B                 72,560             6,596 E (use hlookup formula here)
C                 10,366             5,183 M (use hlookup formula here)
D                 77,745             7,068
E                 11,106             5,553
F                 83,295             7,572
G                 11,899             5,950
H                 89,243             8,113
I                 12,749             6,375
J                 95,618             8,693
K                 13,660             6,830
L               102,450             9,314
M                 14,636             7,318
N               109,770             9,979
O                 15,681             7,841
P               117,608           10,692
Average                 44,121
The assignment:
(1)    Use the attached document and dataset to do the following:
a.       In the area indicated on the spreadsheet create the hlookup formula to find the average annual sales for companies A, E, and M
b.      Find the median total purchases for the company’s customers.
c.       Complete the column ranking the customers from high (highest = #1) to low based on annual sales to those customers.

I this is actually in an excel spread sheet but I couldnt get it to paste in correctly. I need to know the formulas for the hlookup. It is copied the exact way its laid out in the spead sheet. PLEASE help!

Solutions

Expert Solution

B

C

D

E

F

G

H

I

J

K

L

M

N

2

client

Total Purchases in Prior Year

Average Order

Customer Rank By Purchases

Company Name

Average Annual Sales

remarks

3

A

2379

            1,190

16

A

2379

VLOOKUP(G3,B3:C18,2,TRUE)

4

B

72560

            6,596

8

E

11106

VLOOKUP(G4,B3:C18,2,TRUE)

5

C

10366

            5,183

15

M

14636

VLOOKUP(G5,B3:C18,2,TRUE)

6

D

77745

            7,068

7

remarks in formula

VLOOKUP(Company Name ,Data Range,2,TRUE)

2 used for second colmun in data range

7

E

11106

            5,553

14

HLOOKUP used in Horizontal data format. But here vertical data provided, so we can use VLOOKUP Function for Vertical data.

8

F

83295

            7,572

6

9

G

11899

            5,950

13

10

H

89243

            8,113

5

11

I

12749

            6,375

12

12

J

95618

            8,693

4

13

K

13660

            6,830

11

14

L

102450

            9,314

3

15

M

14636

            7,318

10

16

N

109770

            9,979

2

17

O

15681

            7,841

9

18

P

117608

          10,692

1

19

20

Median

44121

21

remarks

MEDIAN(C3:C18)


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