Complete the tasks below using Microsoft Excel. You may refer to your notes, the textbook, or other resources (for example, you may search the Web for information). You may not get interactive help from any other person (either in person or via e-mail, text messaging, instant messaging, or other communications channels).
Save your work frequently using CTL+s.
You have 4 hours to complete this exam.
Note: Be sure you spell-check on every worksheet and correct all spelling errors.
a. Open Excel (either on your desktop or in Citrix).
b. If you are using Citrix, you need to upload the spreadsheet to your virtual drive before you can open it in Excel.
c. Open the Practical Exam spreadsheet you downloaded from the Exam page in eCollege.
d. Save the spreadsheet as LastnameFirstInitial Week8 FinalExam.xlsx.
Example: If your name was Jane Doe, the file name would be: DoeJ Week8 FinalExam.xlsx.
1. Formatting and Charts (Excel; TCOs 1, 2, and 3; 30 points)
Using the Documentation Sheet
a. Enter your name and today’s date.
Using the Quest 1 & 2 Worksheet
j. Correct spelling by using the spell-check feature.
2. Formulas, Applications and Statistical Functions (Excel; TCOs 2, 3, 6, and 10; 30 points)
Using the Quest 1 & 2 Worksheet
3. Lists, Sorting, Charts, and Conditional Formatting (Excel; TCOs 4 and 6; 40 points)
Using the Quest 1 & 2 Worksheet
Using the Quest 3 – Pivot Worksheet
4. Functions and Financials (Excel TCOs 2, 6, and 7; 30 points)
Using the Quest 4-Financials Worksheet
a. Complete the Income Statement by filling in cells D3 through D16 by using cell references of Total Sales column from the Quest1 & 2 worksheet.
Note: Do not just rekey the data.
b. Add formulas for the shaded areas.
c. Format the Total Revenue, Expenses, and Net Income in bold and apply appropriate numeric formatting to all data.
d. Resize columns G through O to a width of 15.
e. Perform a one-way analysis (single data variable table, refer to Week 5, Lab 6) setup in cells G11–O15 to vary the pay rate to see the impact on the total expenses and net income.
f. Apply conditional formatting to the options that produce at least $10,000 in net income in the above table.
g. Format all the numeric data and labels on the worksheet using consistent and business like formatting options.
h. Save your work (CTRL+s).
Continue Using the Quest 4–Financials Worksheet
i. Car Parts Service (CPS) wants to apply for a 10-year loan to expand their operations and they need to know how much the monthly payment will be with a $1,500 down payment or a $2,500 down payment on a loan of $50,000. The annual interest is 3.5% and payment is assumed to be made at the end of the period.
j. Complete the Payment Function and Analysis table (Part B) by calculating the Loan Amount for cells K3 and K4 and the monthly payment amount for cells M3 and M4.
k. Secure/Protect, without a password, the Quest 4-Financials worksheet tab.
l. Save your work (CTRL+s).
5. Organization, Planning, and Consolidation Strategies (Excel TCOs 5, 7, and 8; 40 points)
Using the Quest 5 –Data Organization Worksheet
a. Consolidate the information on the CPS Part 5 – Data Organization spreadsheet from the three worksheets (San Francisco Branch, Denver Branch, and Boston Branch), using consolidation strategies that include the following.
1. Group sheets and use the auto-fill to complete the list of months in Row 2.
2. Add totals for both rows and columns.
3. Apply formatting to column headings and merge and center a title across row 1 for each sheet.
4. Open the blank worksheet, Quest 5- Data Organization use either data consolidate or 3-D formulas to summarize the three locations into a total company report using the same format as each location.
5. Add row and column summary totals on the Quest 5-Organizing Data Worksheet.
6. Apply numeric formatting to the data as appropriate.
7. Use conditional formatting to highlight the top two selling products in green and the two lowest selling items in red.
b. Summarize your results using an appropriate chart type and place it below the summarized data. Include chart formatting features to improve readability.
c. Spell check the worksheet.
d. Save your work (CTRL+s).
6. Analysis, Summary, and Recommendation (Excel TCOs 8 and 9; 30 points)
Analyze the results from Quest 5 – Data Organization worksheet and create a report or memo with the following.
a. Identify the top two selling items and the two lowest selling items.
b. Add a chart or table to reflect your results, or use the chart created in Step 5.
c. Offer management a recommendation to improve the business based upon your analysis.
d. List at least two Lessons Learned from your course experience.
e. Save and close your Excel file.
To Submit Your Work
Upload your completed file to the Week 8 Final ExamDropbox on our course site. Make sure that your submission is showing in the outbox with the file icon!
Go back to the eCollege Exam page, answer the exam question with TRUE and click Submit for Grading. You may also wish to check with the instructor before you leave the final to verify that your submission is in his or her inbox with the file properly attached.
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