Question: Question 1 [ 2 9 marks ] Last month, your friend David expanded his business by opening a small cafe beside his clothing shop. He

Question 1[29 marks]
Last month, your friend David expanded his business by opening a small cafe beside his clothing shop. He has kept track of the cafe's daily sales in a notebook entitled "Cafe Daily Sales." However, without detailed records, he finds it challenging to identify which menu items are the most popular and profitable. He's concerned that some items might not sell well and could impact the cafe's profitability. David has asked for your help analysing the sales data to address this issue. Below is the data from the "Cafe Daily Sales" book, where each record represents a sale:
85 cups of coffee sold at R25.00 each
42 slices of cake sold at R40.00 each
28 breakfast sandwiches sold at R55.00 each
57 salad tubs sold at R80.00 each
35 smoothies sold at R50.00 each
19 specialty pastries sold at R38.00 each
68 bottles of water sold at R15.00 each
23 lunch combos sold at R100.00 each
Required: 1.1) Create a spreadsheet in Microsoft Excel with the provided information and name the spreadsheet "Cafe Daily Sales." (4 marks)
1.2) Calculate the revenue generated from each item sold in the shop. (2 marks)
1.3) Calculate the total revenue generated in Rand currency from all the items sold in Q.1.2(2 marks)
1.4) Use a formula to calculate the average quantity of items sold. (3 marks)
1.5) David offers a 15% discount to his customers. Calculate the value of the 15% discount applied to each item's unit price for David's customers. (3 marks)
3 HCLT108-1-July-Dec2024-FA1-LS-V.3-14072024
1.6) Use the IF function to identify the items that sold more than 50 units and label them as "Popular" and "Not Popular" for the items with less than 50 units in a single column. (5 marks)
1.7) Insert a row above the table and add a DATE function to indicate the date of the sales analysis. Ensure the Long Date format is selected. (3 marks)
1.8) Use a function to find the lowest quantity sold. Use a function to combine the item name(of the lowest quantity sold), the lowest quantity sold, and the label based on your answer from Q.1.6- "Popular" or "Not Popular." in a single column. (7 marks)
Question 2[15 marks]
After completing the sales book for David, he has reached out for assistance, suggesting that visualizations would enhance understanding better than traditional bookkeeping methods.
Required:
2.1) Create a clustered column chart showing quantities sold using chart Style 4.(3 marks)
2.2) Create a 3-D Clustered bar chart (Style 6) using Quantity Sold and Unit Price. Provide a title for your chart. (4 marks)
2.3) Create a doughnut pie chart using the Total Sales from the table. Enable the data labels and change the font size to 11.(4 marks)
2.4) Create a Line with Markers chart using the Unit Price and enable Trendline to visualize the trend in David's shop. (4 marks)
4 HCLT108-1-July-Dec2024-FA1-LS-V.3-14072024
Question 3[6 marks]
3.1) You've been considering starting your own business in the tech industry. Inspired by an entrepreneurship event, you've decided to invest R10,000 at the end of each month for the next fifteen (15) years to fund the development of a new mobile app, with an interest rate of 8% per annum. You understand that this investment will play a crucial role in the success of your future business venture. How much should you have at the end of 15 years? (3 marks)
3.2) You've recently decided to pursue your dream of owning a rental property. You've taken out a home loan valued at R550,000 to make this happen. The loan comes with an annual interest rate of 12% and a repayment period of 20 years. Calculate your monthly repayment amount if the monthly repayments are due at the end of each month.

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