Once You Run Goal Seek in Excel, You Cannot Revert

question 21

True/False

Once you run Goal Seek in Excel, you cannot revert back to the original values.

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Definitions:

Net Profit

Money remaining after costs of marketing and operating the business are paid.

Cost Of Goods Sold

Cost of Goods Sold (COGS) represents the direct costs attributable to the production of the goods sold by a company, including materials and labor costs.

Break-Even Volume

The quantity of sales or units sold required to cover the fixed and variable costs of production, resulting in a situation where the business makes neither a profit nor a loss.

Gross Profit Percentage

A financial metric that measures the proportion of money left over from revenues after accounting for the cost of goods sold, expressed as a percentage.