Chapter 11: Applying Excel: Excel Worksheet (Part 1 of 2) (Algo)

Download the Applying Excel form and enter formulas in all cells that contain question marks.

Verify that your worksheet matches the Review Problem in the text.

Check your worksheet by changing the average operating assets in cell B6 to $9,000,000. The ROI should now be 33% and the residual income should now be $750,000. If you do not get these answers, find the errors in your worksheet and correct them.

Save your completed Applying Excel form to your computer and then upload it here by clicking Browse. Next, click Save. You will use this worksheet to answer the questions in Part 2.

1 Chapter 11: Applying Excel 2 3 Data 4. Sales $25,000,000 5 Net operating income $3,000,000 6 Average operating assets $10,000,000 7 Minimum required rate of return 25% 8 9 Enter a formula into each of the cells marked with a ? below 10 Review Problem: Return on Investment (ROI) and Residual Income 11 12 Compute the ROI 13 Margin ? 14 Turnover ? 15 ROI ? 16 17 Compute the residual income 18 Average operating assets ? 19 Net operating income ? 20 Minimum required return ? 21 Residual income ? 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45