Part $1$

Open a new spreadsheet in MS Excel. Type $$Practice$$ in Call A$1.$ In Cell A$2,$ type the number $48$;$$ in A$3,$ type $53$;$$ and, in A$4,$ type $60.$

Use the sum function to add them together in call A$5.$

Calculate a $10\%$ increase in the numbers in Column A and Column B by using a formula. Type $$Increase $10\%$ in B$1.$

Add together the original numbers in Column A and the increases in Column B$.$ Use a formula and place in Column C$.$ Type $$Total$$ in C$1.$

Save the file as $$Unit $1\_$Application Assignment$$

Copy your worksheet into another worksheet. Change the increase from $10\%$ to $15\%.$ Protect the worksheet, so that changes cannot be made.

Open a new spreadsheet. Prepare a formatted spreadsheet for staff in the following scenario. Physical Therapy Clinic average starting salary is $$70,000.$ Benefits are $26\%$ this year. The benefits are expected to go up to $28\%$ next year. Staff salaries are expected to increase by $5\%$ next year. Physical Therapy Clinic has $24$ employees. Prepare a formatted Excel spreadsheet for the current year and the next year for Physical Therapy Clinic

Part $2$

Write a paper on Generally Accepted Accounting Principles $($GAAP$).$ Include a summary of GAAP principles and general financial ethical standards. Provide examples from the articles that reflect ethical standards of conduct and financial reporting practices. Explain the significance of each example.