Formula Generator - TO_DOLLARS function
The TO_DOLLARS function converts a provided number to a dollar value. It formats the number with a dollar sign and two decimal places.How to generate an TO_DOLLARS formula using AI.
To get the TO_DOLLARS formula, you could ask the AI chatbot something like: "Is there a formula in Excel that converts a numerical value to a dollar format? If so, what is the formula?"
TO_DOLLARS formula syntax.
The TO_DOLLARS syntax in Excel is used to convert a number into a dollar format. It follows the format TO_DOLLARS(number). The "number" argument represents the value that you want to convert into dollars. This function is useful when you want to display a number in currency format with a dollar sign and commas for thousands separators.
Calculating Total Sales
Calculates the total sales amount in dollars.
=SUMPRODUCT(Sales!B2:B10, TO_DOLLARS(Sales!C2:C10))
Calculating Commission
Calculates the commission amount in dollars based on the sales amount.
=TO_DOLLARS(Sales!D2) * 0.05
Calculating Profit Margin
Calculates the profit margin percentage based on the sales and cost amounts.