How to Calculate Average Sales Revenue in Excel
What is the formula to calculate average sales revenue in Excel?
Based on the data provided:
- January: $5,000
- February: $6,000
- March: $7,000
- April: $8,000
- May: $9,000
Formula to Calculate Average Sales Revenue:
To calculate the average sales revenue in Excel, you can use the following formula:
=AVERAGE(B2:B6)
The formula =AVERAGE(B2:B6) will calculate the average of the sales revenue data provided in cells B2 to B6.
By entering this formula in a cell in Excel, you will get the average sales revenue for the months of January to May.
Make sure to replace the cell references (B2:B6) with the actual range where your sales revenue data is located in your Excel worksheet.