Thread: what is the 1 minus in this formula actual doing
View Single Post
  #1   Report Post  
Posted to microsoft.public.excel.worksheet.functions
Kim Shelton at PDC Kim Shelton at PDC is offline
external usenet poster
  
Posts: 16
Default what is the 1 minus in this formula actual doing
The formula below has a "1 minus" in part of it. Does anyone know what this
means or is doing. I understand the whole formula except that.

="Base B/E = Fixed Expense ÷ (1 minus (Variable Cost ÷ Sales))"


Reply With QuoteReply With Quote