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 expected dividend yield, Assume that it is now January 1, 201...

Assume that it is now January 1, 2012. XYZ Inc. has developed a solar panel capable of generating 200% more electricity than any other solar panel currently on the market. As a res

Prepare traditional income statement, Scottsdale Fine Piano%u2019s purchase...

Scottsdale Fine Piano%u2019s purchases pianos from a well-known manufacturer and sells them through their retail store. The Baby Grand Pianos sell, on average, for $2,500 each. The

Which actions are most likely to directly increase cash, Which of the follo...

Which of the following actions are most likely to directly increase cash as shown on a firm's balance sheet? Explain and state the assumptions that underlie your answer. 1. It i

Event affect your ordering decision for pvc pipe, Your firm's research depa...

Your firm's research department has estimated the income elasticity of demand for Art Deco lawn furniture to be 1.5. You have just learned that due to an upturn in the economy, con

Assembly of financial statements, Q. Assembly of Financial Statements? ...

Q. Assembly of Financial Statements? Assembly of Financial Statements -Providing of various accounting or data-processingservices by an accountant, output of which is in the fo

Determine the amount of translation adjustment, Alliance Corporation (an Au...

Alliance Corporation (an Australian company) invests 1,000,000 marks in a foreign subsidiary on January 1, Year 1. The subsidiary commences operations on that date, and generates n

Assume that you are the president of gaslight company., Assume that you are...

Assume that you are the president of Gaslight company. At the end of the year (December 31, 2011 of operation.

Defunct companies-liquidation of companies, Defunct Companies A company...

Defunct Companies A company may be dissolved under s.338 without winding up if the registrar has reasonable cause to believe it is defunct: The procedure is: a. Registrar writ

Illustration of retirement of a partner, Illustration of Retirement of a pa...

Illustration of Retirement of a partner A, B and C have been trading as equal partners having capital contributions of £500,000 and £400,000 and £300,000 respectively as at 1st

Business mathamatics, im doing compound interest my calculator doest have a...

im doing compound interest my calculator doest have anxy butyx cant do nothing with the ten being the power of .9

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