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Goal Seek changes the value of on cell by modifying:Group of answer choicesOnly one other cellMultiple cellsA Scenario SummaryA Pivot Table

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Goal Seek changes the value of on cell by modifying:Group of answer choicesOnly one other cellMultiple cellsA Scenario SummaryA Pivot Table

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Solution

Goal Seek changes the value of one cell by modifying only one other cell. It is a tool in Excel used for what-if analysis, where you can find an input value that will result in a desired output value. It does not modify multiple cells, a Scenario Summary, or a Pivot Table.

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The Goal Seek command allow the user to get the desired result by making changes in *One cell.Two Cells.Three Cells.N no. of cells.

A work sheet includes columns forGroup of answer choicesadjusting entriesclosing entriesreversing entriesadjusting and closing entries

The purpose of the Goal Seek function in Excel is: Group of answer choices To evaluate what needs to be changed in the input variables in order to achieve a certain output variable value To evaluate what can be done to the output variable value in order to update the values of input variables To evaluate what needs to be changed in the input variables in order to maximise the value of the output variable To evaluate what needs to be changed in the output variable’s value in order to minimise mistakes To evaluate the best calculation in order to achieve a certain goal.

Use Goal Seek to find the value for cell C2 that will result in a value of $550,000 for cell B15. Accept the solution.

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