How to Create a contribution margin income statement in Excel

As you might guess, one of the domains in which Microsoft Excel really excels is business math. Brush up on the stuff for your next or current job with this how-to. In this tutorial from everyone's favorite digital spreadsheet guru, YouTube's ExcelIsFun, the very first installment in his "Beauty of Excel" series of free video lessons, you'll learn how to create a contribution margin income statement across various units sold.

What is the beauty of Excel? Excel's Beauty is its ability to allow users to put formula input numbers in cells, refer to those cells in formulas using cell references so that everything updates automatically!