Solved: Look at the formulas in c4 and h4 they use the lookup, Financial Accounting

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Look at the formulas in c4 and h4 they use the lookup

1) Change the Income Amount in Cell B3.

2) Watch the amounts change in cells C4 and H4.

3) Look at the formulas in C4 and H4. They use the lookup function to compare the part number in B3 to the numbers in C6:F6, and "scan" the array table values in C7:F12 to find the sales in units for each month. The number at the end of the formula indicates the row of the array table from which the value should be pulled. In HLOOKUP, the row of heading labels (i.e. part #s)counts as the first row.

FIN 615 HLOOKUP Example
		Unit Sales
Part #:	D20B3	Jan	Feb	Mar	Apr	May	Jun
		331	325	341	339	365	372

Part #		D20B2	D20B3	D20B4	D20B5
January		123	331	285	475
February		128	325	287	525
March		126	341	266	577
April		124	339	275	584
May		130	365	289	596
June		133	372	295	634

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Financial Accounting: Look at the formulas in c4 and h4 they use the lookup

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Financial Accounting: Look at the formulas in c4 and h4 they use the lookup

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