Question: 1 Start Excel. Open the downloaded file named Excel_Ch10_PS2_Float.xlsx . Grader has automatically added your last name to the beginning of the filename. Save the
| 1 | Start Excel. Open the downloaded file named Excel_Ch10_PS2_Float.xlsx. Grader has automatically added your last name to the beginning of the filename. Save the file to the location where you are storing your files. | 0 |
| 2 | The company would like to determine the number of customers it should book per day in order to break even. They would like to analyze this using a break-even analysis. On the Break-Even Analysis worksheet, enter the correct formula to calculate the Gross Revenue in cell D7. | 5 |
| 3 | Enter the correct formula to calculate the Total Fixed Costs in D13. | 5 |
| 4 | In cell D17 enter the correct formula to calculate the Total Variable Costs based upon the average number of guests per day and the days of operations per year. | 5 |
| 5 | Enter the correct formula to calculate the Net Income in D18. | 5 |
| 6 | Management thinks an average of 85 guests a day would be a realistic average. Use Goal Seek to find out what the price would need to be to come out exactly even with 85 guests per day and $0 in Net Income. | 10 |
| 7 | A data table with conditional formatting will help to better visualize the expenses, revenues, and net income of the business. Fill in the Expenses, Revenue, and Net Income columns (range G4:I19) using a data table. | 10 |
| 8 | Format the range G4:I19 as Currency. | 5 |
| 9 | Copy the information in range A3:D18 from the Break-Even Analysis worksheet and paste it in range A4:D19 on the worksheet PriceAndGuest. Keep the source column widths. | 5 |
| 10 | Create a data table in the range F5:N22. The price (row 6) needs to start at $4 and increase to $11 in $1 increments, and the number of guests (column F) needs to start at 35 and increase in increments of 5. Be sure to add a reference to cell D19 in cell F6. | 10 |
| 11 | Format the data in the data table so any net profit under -$5,000 has a light red background and dark red text, data that is above or equal to -$5,000 and below $5,000 will have a light yellow background and dark yellow text, and anything $5,000 or greater will have a light green background and dark green text. | 10 |
| 12 | Format cell F6 to hide the result of the formula in the cell. | 5 |
| 13 | Copy the information in range A3:D18 from the Break-Even Analysis sheet to the range A3:D18 on the sheet DaysAndPrice. Keep the source column widths. | 5 |
| 14 | Add a scroll bar to the right of the inserted cells in column F that will change the days of operations per year between the values of 225 and 275 one day at a time. Enter the text Days of Operations in cell F4 and center the text. | 10 |
| 15 | Add a scroll bar to the right or below of the first scroll bar in column I that will change the price between the values of $4 and $11 by $1 increments. Enter the text Price in cell I4. | 10 |
| 16 | Save and close Excel_Ch10_PS2_Float.xlsx. Exit Excel. Submit your files as directed. | 0 |
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