Implement a spreadsheet to calculate payments, Financial Accounting

Assignment Help:

Tony is a salesperson at a local auto showroom. He asks you to assist him in developing a tool for calculating purchase and lease payments. He has already developed a draft of the problem but he needs help making it easier to use. Tony has some ideas about what the workbooks should contain. He has one sheet named "Sales Support" which consolidates the various data entry and results needed to price a car under various options. A second sheet, named "Loan Rate Sheet" contains the annual loan rates available from several local banks. A third worksheet, labeled "Do Not Delete" contains information about bank loan rates - it's confidential, so it is hidden and protected from you. Leave it in place as is.  A fourth sheet, "Calculations", is for your use to perform intermediate calculations as you see fit.

He has provided a draft of the workbook, which is available on Blackboard.  The green areas are where you make modifications to the interface. Users of the spreadsheet will not need to change other sections.

Your tasks:

Create a payment calculator on the Sales Support worksheet.   

First, open the draft worksheet and save it as an Excel 2010 workbook (.xlsx) named with your last name.  Enter your name and NetID on the Sales Support worksheet in cells A1 and A2. 

The total vehicle price (Cell B11) is determined from the base price of the vehicle (Cell B5), the total cost of six options selected by the customer (Cell B6), a repeat customer discount (Cell B9), plus applicable taxes (Cell B10).  

o The base price of the vehicle may run from a minimum of $1,000 to a maximum of $30,000. Create a form control scroll bar in cells D5 through F5 to simplify the entry of the base price of the vehicle price.  Use increments of $500.  The cell link of the scrollbar should be cell B5. 

Format cell B5 for currency.

o Create checkboxes for six options: CD changer, Movie Player, Bucket Seats, Air Conditioning, Full size spare tire, and Lifetime Oil changes. Place the checkboxes in range D6:D8 or F6:F8, with the cell links in E6:E8 or G6:G8, respectively. Each selected option adds $200 to the cost of the vehicle.  Put the total option cost in B6, formatted for currency.

o Return customers receive a $200 discount from the price before taxes are calculated. Add a combobox form control to indicate if the customer is a new customer or a returning one.  Store the data you need for the input ranges on the Calculations sheet.  Use Cell E9 for the cell link.


Related Discussions:- Implement a spreadsheet to calculate payments

Calculate the book value of share, Thurston Howell IV is the sole heir to t...

Thurston Howell IV is the sole heir to the Howell Enterprise fortune. He does not participate in the business, preferring to tend to his comic book collection. He does however own

Inventory, HOW TO RECORD INVENTORY AT NET REALISABLE VALUE ON JOURNAL

HOW TO RECORD INVENTORY AT NET REALISABLE VALUE ON JOURNAL

Investments carried as trading securities, Did ford realize any gain or los...

Did ford realize any gain or loss from securty sales during 2009?

Solutions, I see a question posted. I can I be sure the problem has been s...

I see a question posted. I can I be sure the problem has been solved. I tried calling your number but I got no answer

Calculate and interpret the two revenue variances, Consider the following 2...

Consider the following 2008 data for Newark General Hospitals (in millions of dollars Simple Budget_______Flexible Budget_ Actual Budget__ Revenue______$4.7$____4.8_____$4.5_

Construct the market value balance sheet, Construct the Market Value Balanc...

Construct the Market Value Balance Sheet XYZ, Inc., another company founded by Larry Davidson in 2005, is currently entirely equity financed. That means the company carries no

Enter into accounts, Common stock $5 stated value (900,000 shares authorize...

Common stock $5 stated value (900,000 shares authorized, 620,000 shares issued)................. $3,100,000 Paid-in capital in excess o stated value-common stock ....1,240,000 Reta

Cost of Loan, Given information: Offered a $20 million commercial loan pri...

Given information: Offered a $20 million commercial loan priced using a 3month LIBOR index+100bp. After some preliminary research, using a money center bank''s swap trading desk

Show the capitalized cost, Q. Show the Capitalized Cost? Capitalized Co...

Q. Show the Capitalized Cost? Capitalized Cost - Expenditure identified with services or goods acquired and measured by theamount of cash paid or market value of other property

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd