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

Mark up-branches, Mark up Mark up is defined as the rate of gross profi...

Mark up Mark up is defined as the rate of gross profit to cost of sales: Mark up = Gross Profit                Cost of sales Margin is defined as the rate of gros

Pooling of interest, Pooling of Interest - Used to account for acquisition ...

Pooling of Interest - Used to account for acquisition of another company when acquiring company exchanges its voting COMMON STOCK for voting common stock of the attained company wh

Corporate financial accounting, Independent research of the key topics avai...

Independent research of the key topics available on the website of professional accounting bodies

Determine the npv of future cash flows, While many people know that Sonora,...

While many people know that Sonora, Mexico is a beautiful vacation spot, it is also a large furniture manufacturing location in North America. Guillermo Navallez made furniture for

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

Internal control over financial reporting, Q. Internal Control Over Financi...

Q. Internal Control Over Financial Reporting? Internal Control Over Financial Reporting - A process designed by, or under supervision of company's principal executive and princ

Tax expense, 1. An organization owes £300,000 tax at 1.7.X4 and £450,000 at...

1. An organization owes £300,000 tax at 1.7.X4 and £450,000 at 30.6.X5. Its income statement for the year to 30.6.X5 includes a tax charge of £400,000. How much tax was actually pa

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

Quarterly production budget, In response to a question about financing the ...

In response to a question about financing the acquisition, James replied "The production equipment will cost $950,000.  We will also need to purchase $50,000 of additional equipmen

Schedule of cost of goods, The following information was taken from the led...

The following information was taken from the ledger of Jefferson Industries, Inc.: Direct labor $85,000 Administrative expenses $59,0

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