Revenues are received monthly and then distributed to Mark and Frank.
At first, 75% of the revenues will go to Mark and 25% to Frank. This arrangement of 75/25 will be changed to 25% to the Mark and 75% to Frank once Mark’s $1000 investment is paid back. Once both parties have been compensated equally the percentage split will convert to 50%/50%. I also need functionality that tracks the money to alert me when the percentages should convert.
What formula should I use?
[TABLE="class: grid, width: 700, align: left"]
<tbody>[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]Month
[/TD]
[TD]Revenue
[/TD]
[TD]
[TD]
[/TR]
[TR]
[TD]Jan
[/TD]
[TD]250
[/TD]
[TD]
[TD]
[/TR]
[TR]
[TD]Feb
[/TD]
[TD]300
[/TD]
[TD="align: center"]formula
[/TD]
[TD="align: center"]formula
[/TD]
[/TR]
[TR]
[TD]March
[/TD]
[TD]300
[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]April
[/TD]
[TD]350
[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
</tbody>[/TABLE]
Thanks in advance for any tips.
Texan Fan
I'm using Excel 2007 and Windows 7
At first, 75% of the revenues will go to Mark and 25% to Frank. This arrangement of 75/25 will be changed to 25% to the Mark and 75% to Frank once Mark’s $1000 investment is paid back. Once both parties have been compensated equally the percentage split will convert to 50%/50%. I also need functionality that tracks the money to alert me when the percentages should convert.
What formula should I use?
[TABLE="class: grid, width: 700, align: left"]
<tbody>[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]Month
[/TD]
[TD]Revenue
[/TD]
[TD]
Mark's 75% / 25% / 50%
[/TD][TD]
Frank's 25% / 75% / 50%
[/TD][/TR]
[TR]
[TD]Jan
[/TD]
[TD]250
[/TD]
[TD]
formula
[/TD][TD]
formula
[/TD][/TR]
[TR]
[TD]Feb
[/TD]
[TD]300
[/TD]
[TD="align: center"]formula
[/TD]
[TD="align: center"]formula
[/TD]
[/TR]
[TR]
[TD]March
[/TD]
[TD]300
[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]April
[/TD]
[TD]350
[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
</tbody>[/TABLE]
Thanks in advance for any tips.
Texan Fan
I'm using Excel 2007 and Windows 7