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first i calculate the taxes on the company profit then i will calculate the final profit of the company suppose company pays 15 percent on its profit without taxes values the tax rate on each year values of the profit with all tax is calculated in tax liability of earning sections scroll up active cell reference h9 type 15 percent press enter key scroll down active cell reference e38 i test the condition by using if function on profit without tax values if a condition is satisfied then company will pay tax to government click in formula bar enter equal sign type if function open bracket in a logical test argument test the condition suppose company pay tax to government if any of the each year it earns profit greater than or equal to 100 000 click cell reference e35 enter greater than sign enter equal sign type 100 thousands enter comma in a value if true argument type the formula again click this cell reference enter multiplication operator scroll up click this cell reference scroll d