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Exercise 1) Complete the following Excel Assignment and submit it to dropbox 12 EHI, WALA D IBLIOIDA. A L M N 0 H 2 Sales herese 3 Cost of Sales 4 Ending Inventory Needs 5 Q1, 2011 Expected Sales M 000 T uled Sales and Inventory Purchases for 2020 Quarter 4070 461 0 0 00 4000 10 Saesn2013 12 Cost of Sales 14 Ending w ory IT Instructions 1 Redo this table, putting formulas in all cells that have the "x" For this exercise, assume that sales will increase by 22 percent over 2019. Cost of sales equals 19 33 percent of sales Ending inventory should equal 44 percent of the amount needed for next quarter sales. Expected sales in the first quarter of 2021 will be 20 5696.000. Make sure that all formulas will adjust for changes in the assumptions noted inside the bot Round all answers to whole numbers (no decimals). Exercise 1) Complete the following Excel Assignment and submit it to dropbox 12 EHI, WALA D IBLIOIDA. A L M N 0 H 2 Sales herese 3 Cost of Sales 4 Ending Inventory Needs 5 Q1, 2011 Expected Sales M 000 T uled Sales and Inventory Purchases for 2020 Quarter 4070 461 0 0 00 4000 10 Saesn2013 12 Cost of Sales 14 Ending w ory IT Instructions 1 Redo this table, putting formulas in all cells that have the "x" For this exercise, assume that sales will increase by 22 percent over 2019. Cost of sales equals 19 33 percent of sales Ending inventory should equal 44 percent of the amount needed for next quarter sales. Expected sales in the first quarter of 2021 will be 20 5696.000. Make sure that all formulas will adjust for changes in the assumptions noted inside the bot Round all answers to whole numbers (no decimals)

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