MICR$1583-$ Spreadsheet ApplicationsGroup project $(10\%)$ DetailsSpring $2024$ Total Marks $(20$ marks$)$The group project assignment will prepare you to analyze data and solve real$-$life business problems using Microsoft Excel as a tool. It will also challenge you to use critical thinking and analysis to find efficient and effective solutions to real$-$ world situations.You will prepare an Excel Workbook based on an existing organization $($e$.$g$.,$ Royal Bank, Apple, etc.$)$ of your choice analyzing and presenting company information such as inventory, HR$,$ sales and revenue, budget, financial analysis and forecasting.Key Deadlines:Group Formation due date: Company selection due date: Project due date:Marking out of $10\%$: Will be done as a group $(5\%)$ and individually $(5\%)$Forming a group:$$ Number of members in each group $5$ Pick a group coordinator$$ All the email communication with me will be done by thecoordinator ONLY. No one else from the team should email me$.$ Send me your names and email ids of all your group members toconfirm your group$$ The students who dont have a group by Week $10,$ will be placedrandomly in a group MICR$1583$: Group Project $1$Week $09$ Week $10$ Week $13$ How do I do the project assignment?