Evaluate Profit Margins with VLOOKUP in Google Sheets

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In this Guided Project, you will:

Understand and visualize how VLOOKUP and HLOOKUP use a portion of a spreadsheet as a lookup table.

Understand the components of VLOOKUP formulas and how to calculate profit with the VLOOKUP function.

Understand how to calculate profit margins and consider best practices for visualizing the financial data.

Clock2 hours
BeginnerBeginner
CloudNo download needed
VideoSplit-screen video
Comment DotsEnglish
LaptopDesktop only

Data can come our way in multiple forms and from multiple file types. It’s likely that at some point you will work with queries and data where multiple conditions must be applied in order to pull out accurate information. VLOOKUP is a function that can quickly search for matching conditions and calculate values such as totals and profit margin. Applying multiple conditions can seem like a time-consuming task, so it’s critical to leverage VLOOKUP to quickly extract business intelligence. The function does this by treating a section of a spreadsheet as a lookup table. In this course you will gain experience calculating and evaluating profit margins with VLOOKUP. You will do this in your hands-on project as we work side-by-side in the free-to-use software Google Sheets. By the end of this course, you will understand use cases for using vertical lookup functions to extract data and you will be able to confidently apply VLOOKUP formulas to calculate data with specific conditions in any spreadsheet software. Note: This course works best for learners who are based in the North America region. We’re currently working on providing the same experience in other regions.

Skills you will develop

Financial StatementBusiness AnalysisLookup TablesProfit Margin Calculation

Learn step-by-step

In a video that plays in a split-screen with your work area, your instructor will walk you through these steps:

  1. Access Google Sheets.

  2. Identify questions that can be answered with VLOOKUP and HLOOKUP.

  3. Import data into Google Sheets and evaluate it.

  4. Produce profit data with VLOOKUP.

  5. Calculate profit margins and create a concise presentation of the financial data.

How Guided Projects work

Your workspace is a cloud desktop right in your browser, no download required

In a split-screen video, your instructor guides you step-by-step

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Frequently asked questions

Frequently Asked Questions

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