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Need Help with Function for Table Calculation

  1. #1
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    Need Help with Function for Table Calculation

    I am creating a cash flow statement and part of that is calculating a bonus for one of our directors. I am not sure how to do this. His bonus is structured so that if his direct department expense divided by the revenue the department generates is between a certain set of parameters he gets a percentage of that revenue.

    The table looks like this:
    Budge/Rev : Bonus % of Rev
    8% : 3%
    9% : 2.75%
    10% : 2.5%
    11% : 2.25%
    12% : 2%

    Can somewhere please steer me in the right direction?

    Thanks
    Last edited by tgib64; 11-08-2012 at 10:18 PM.

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    Forum Moderator jeffreybrown's Avatar
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    Re: What Function Do I Use Here?

    We would love to help you with your query, but first, before we can proceed, please see the forum rules about proper thread titles and adjust accordingly...

    Your post does not comply with Rule 1 of our Forum RULES. Your post title should accurately and concisely describe your problem, not your anticipated solution. Use terms appropriate to a Google search. Poor thread titles, like Please Help, Urgent, Need Help, Formula Problem, Code Problem, and Need Advice will be addressed according to the OP's experience in the forum: If you have less than 10 posts, expect (and respond to) a request to change your thread title. If you have 10 or more posts, expect your post to be locked, so you can start a new thread with an appropriate title.
    To change a Title on your post, click EDIT then Go Advanced and change your title, if 2 days have passed ask a moderator to do it for you.

    HTH
    Regards, Jeff

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    Valued Forum Contributor tlafferty's Avatar
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    Re: What Function Do I Use Here?

    function once you comply with rules...
    If your question has been satisfactorily addressed, please consider marking it solved. Click the Thread Tools dropdown and select Mark thread as solved.
    Also, you might want to add to the user's reputation by clicking the star icon in the lower left corner of the post with the answer- it's why we do what we do...

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  4. #4
    Valued Forum Contributor tlafferty's Avatar
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    Re: Need Help with Function for Table Calculation

    Assuming your table values (not including the header) are in the range of A2:B5, and your search value is in C2:
    =VLOOKUP(C2,A2:B5,2,TRUE)

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