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

Balance sheet and income statement, The balance sheet and income statement ...

The balance sheet and income statement for Bingle Ltd is presented to you as follows: Balance Sheet Extract as at 30 June 2012 with comparatives

Internal revenue service (irs), Explain:- Q.1 Explain the ways in which...

Explain:- Q.1 Explain the ways in which the needs of internal and external users of accounting information are the same and different. Q.2 Why is it important for financial sta

Problems with bussiness, Joe Doyle has recently received a substantial inhe...

Joe Doyle has recently received a substantial inheritance on the death of his mother. Joe has been working in a job that he does not really enjoy, and has dreamed of starting up hi

Help, #The ABC Organization Unadjusted Trial Balance As of 31 December 2012...

#The ABC Organization Unadjusted Trial Balance As of 31 December 2012 Account Codes Dr Cr Cash 10,789 Furniture and fixtures 60,000 Supplies inventory 8,531 Pledged contributions r

Consistency concept, how does the concept of consistency aid in the analysi...

how does the concept of consistency aid in the analysis of financial system?

Determine the growth rate of the nominal money supply, The income elasticit...

The income elasticity of money demand is 2/3. Real income is expected to grow by 4.5% over the next year, and the real interest rate is expected to remain constant over the next ye

Ademption-failure legacies and gift residue-executorship, Ademption If ...

Ademption If property which has been specifically bequeathed does not belong to the testator at the time of his death, or has been converted into property of a different kind,

Order point formula, Order Point Formula The analysis discussed above t...

Order Point Formula The analysis discussed above tends to be somewhat cumbersome when probability distributions are most complex and dependent and multi-period cases are involv

Pre-acquisition losses in subsidiary company, Pre-acquisition losses in sub...

Pre-acquisition losses in subsidiary company on date of acquisition If the subsidiary company has a loss on the date of acquisition i.e. a debit balance in the retained profits

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