Elasticities and secondary axis graphs, Microeconomics

Assignment Help:

Create a chart with a secondary vertical axis to plot related data series with different scales.

Use the Combination Chart Fashion worksheet to create and format a combination chart exactly as illustrated in the picture provided in the Excel worksheet.  The two data series are net income and total assets.

First create a 2D column chart of total assets.  Please enter the series name.

Second click the active chart area to make it active then right click to get the menu, choose select data, and then add the net income as a data series.  Please enter the series name.

Also, add the fashion company names to the horizontal axis using the select data menu.

Third, you can plot data on a secondary vertical axis one data series at a time. In the chart, left click the data series that you want to plot on a secondary vertical axis in this case net income. In the design tab choose change chart type.  Find and select the option line with markers.

When the line is entered into the graph, left click on the net income line to make it active.  Make the layout menu tab active.  In the current selection box, select format selection, series option and select secondary axis. The secondary axis should be displayed.

Now, format the axis to the desired scale.  Left click on the left axis to make it active, right click and select format axis.  Choose the fixed options and use 0, 10000, and 2000 for minimum, maximum and major unit, respectively.

Calculate the Return on Asset (ROA) for each firm (using the appropriate formula listed below in cells B37, C37, D37, and E37. Format with a % sign). Using the ROA, rank the firms from highest to lowest. Why might a manager care about ROA?


Related Discussions:- Elasticities and secondary axis graphs

Slutsky theorem -mathematical presentation, Slutsky Theorem - Mathematical ...

Slutsky Theorem - Mathematical Presentation: We already know from the first order conditions of utility Maximisation that,   where D ij is the co-factor of the ith ro

Laspeyres index, Laspeyres index The Laspeyres index tells us that: ...

Laspeyres index The Laspeyres index tells us that: - The amount of money at present year prices which an individual requires to purchase bundle of goods and services which w

Help, Hi I need help with elasticity. I think the problem has already been ...

Hi I need help with elasticity. I think the problem has already been posted to your site.

Public administration-delivery mechanism, Public Administration: Accor...

Public Administration: According to L.D. White, "Public administration consists of all those operations having for their purpose the fulfillment or enforcement of public polic

Measures used to restrict international trade, Measures used to restrict In...

Measures used to restrict International Trade: These are taxes imposed on traded commodities as they cross national boarders. These are two main types of tariffs. An import ta

Reorder point techniques - supply chain management, Reorder Point Technique...

Reorder Point Techniques Systems based on reorder points assume that demand is uniform and predictable and that there is no true identifiable time of need. Hence, stock must a

Hybridization, What is Hybridization? Atomic orbitals can be combined, ...

What is Hybridization? Atomic orbitals can be combined, in a process called hybridization in chemistry , to describe the bonding in polyatomic molecules. Descriptions of the b

Time value of money, My current car gets 10 miles to the gallon and no resa...

My current car gets 10 miles to the gallon and no resale value, but it will last 5 years for sure. I can always buy a new car for 8000 dollars that gets 20 miles to the gallon. A g

Subject matter of economics, Ask factor affects elasticity of demandquestio...

Ask factor affects elasticity of demandquestion #Minimum 100 words accepted#

Demand and supply, technological advance reduced the cost of computer chips...

technological advance reduced the cost of computer chips . explain using the demand and supply diagrams , how the the following markkets are affected in terms of price and quantiti

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd