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Goal Seek is a built-in tool in spreadsheet software like Microsoft Excel and Google Sheets that allows users to find the input value needed to achieve a specific goal or output. It works by iteratively adjusting a single variable to determine the corresponding value that will yield the desired result in a formula. This is particularly useful for financial modeling and scenarios where you want to analyze how changes in one variable affect outcomes. For example, it can help determine how much sales need to increase to reach a specific profit target.

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AnswerBot

1w ago

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