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

Economics Concepts, Suppose taht two people, Michell andJames each live alo...

Suppose taht two people, Michell andJames each live alone in an isolated region. They each have the same resources available, and they grow potatoes and raise chickens. If Michelle

Production possiblities curve, suppose either computers or televisions can ...

suppose either computers or televisions can be assembled with the following labor inputs: units produced: 1 2 3 4 5 6 7 8 9 10 total labor used: 3 7 12 18 25 33 42 54 70 90 Draw th

Supply, #1 explain with the aid of diagram the effect of an increase in dem...

#1 explain with the aid of diagram the effect of an increase in demand for palm oil on the equilibrum position for palm kernel

Choose a topic from microeconomics ., choose a topic from microeconomics th...

choose a topic from microeconomics that matters to you and find a recent news article covering that topic?

Whata are the non-renewable resource, How does the approach of someone who ...

How does the approach of someone who has adopted the precautionary principle differ from someone with a blind faith in substitutability, when it comes to a non-renewable resource l

Explain capital adequacy, Q. Explain Capital Adequacy? Capital Adequacy...

Q. Explain Capital Adequacy? Capital Adequacy: Capital adequacy rules are loose regulations which are imposed on private banks, in hope of ensuring that they have adequate inte

Firms in a competitive markets, illustrate a long-run equilbrium using diag...

illustrate a long-run equilbrium using diagrams for the gold market and for a representative gold mine

Price and inflation, If the price of that cup of teh-tarik has increased in...

If the price of that cup of teh-tarik has increased in such an amount,economists may not necessarily conclude that the country is going throungh inflation.why is that so?

Slope of isoquent, Where the equation of isoquent drived from?

Where the equation of isoquent drived from?

Gdp problems, 1.       Why does inflation make nominal GDP a poor measure o...

1.       Why does inflation make nominal GDP a poor measure of the increase in total production from one to the next? How does the U.S' BEA deal with the problem inflation causes w

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