You are on page 1of 176

# Highline Excel 2013 Class Videos 2 to 8

Topics:
Examples of Formulas
Formula Types
Formula Elements
How Formula Calculate
Increase Decrease Formulas
Cell References
Relative
Absolute
Mixed
Assumption Tables
(Formula Elements)
Scenario Manager
Cell References
Worksheet
Workbook
3-D
Table

Video
2
2
2
3
4
5
5
5
5
5
6
7
7
7
7
8

## 1 Excel's Golden Rule. (Dan Bricklin and Bob Frankston).

Excel's Golden Rule: If formula input data can change, put it in cell and refer to it with cell references.
If data will not change, you can hard code it into formula.
AND always label the formula elements and the cells with the calculations.
2 Types of Formulas.
1 Calculating Formulas that calculate a number answer (like adding)
2 Logical Formulas that give you a logical value, either TRUE or FALSE (like formulas that say whether two accounts are in balance)
3 Text Formulas that deliver a word to a cell or create labels for reports (like a label for a loan payment).
4 Lookup Formulas that look up an item in a table (like looking up a price for a product).
5 Array Formulas are advanced formulas that contain a formula element that operate on arrays instead of individual items and produce an array of answers.
Array formulas can deliver results that are calculating, logical, text, or lookup.

3 Formula Elements.
1 Equal sign (starts all formulas).
2 Cell references (also defined names, sheet references, workbook references, table nomenclature).
3 Math operators.
4 Numbers (if the number will not change; for example, 12 months, 24 hours).
5 Functions (IF, MATCH, INDEX, COUNTIF, and so on).
6 Function argument elements (such as a 0 in the third argument of MATCH to tell function to do an "Exact Match" lookup,or FALSE in the 4th argument of VLOOKUP to do an "Extra
or FALSE in the 4th argument of VLOOKUP to do an "Extract Match" lookup).
7 Comparative operators.
8 Join operator: Ampersand (join symbol: &).
9 Text within quotation marks (for example, "For the Month Ended").
10 Array constants (for example, {1,2,3}).

252856836.xlsx.ms_office

Page 2 of 176

Formula Notes

4 Math Operators.
Adding.
+
Subtracting or Negation.
Multiplying.
*
Dividing.
/
Raising to an exponent.
^
Parentheses.
()
5 Comparative Operators.
Equal: are two things equal?
=
Not: are two things not equal? Type less than symbol, then greater than symbol.
<>
Greater than: is the thing on the left greater than the thing on the right?
>
Greater than or equal to: is the thing on the left greater than or equal to the thing on the right?
>=
Less than: is the thing on the left less than the thing on the right?
<
Less than or equal to: is the thing on the left less than or equal to the thing on the right?
<=
6 Number Formatting is a Faade.
1 What you see on the face of the spreadsheet can be different from the underlying number in the cell.
2 There can be a disconnect between what you see in a cell with your eyes and what is actually stored in the cell as content.
3 Calculations are made upon the underlying number, not the Number Format that you see on the face of the spreadsheet.
Example: You can use the Decrease Decimal button to show fewer decimals, but that does not remove the decimals for calculating purposes.
Example: Dates such as 12/1/2012 are serial numbers.
You "see" 12/1/2012 on the face of the spreadsheet, but the serial number 41,244 is what is actually in the cell.
Formulas calculate upon the underlying serial number 41,244, not the date 12/1/2012.
7 Default Alignment in Excel.
1 Text is to LEFT.
2 Numbers are to RIGHT.
3 Logical values are CENTER.
4 Error values are CENTER.

252856836.xlsx.ms_office

Excel is fun
43
TRUE
#DIV/0!

Page 3 of 176

Formula Notes

## 8 How Formulas Calculate: Order of Precedence in Excel.

1 Parenthesis ( )
2 Reference Operators: colon, space, comma
Example of colon in range of cells: =SUM(A1:A4)
Example of intersection operator: =E12:G12 F10:F15 (retrieve what is in F12)
Example of comma (union): =SUM(E10:G10,E14:G14)
3 Negation (-)
Example: = -2^4 = 16
Example: = -(2^4) = -16
Example: --2+1 = 3
4 Converts % (1% to .01)
5 Exponents (^)
Example: 4^(1/2) = 2
Example: 3^2 = 9
6 Multiplication (*) and Division (/), left to right
7 Adding (+) and Subtracting (-), left to right
8 Ampersand (&)
9 Comparative symbols: =, <>, >=, <=, <, >

252856836.xlsx.ms_office

Page 4 of 176

Formula Notes

Ex 1

Ex 2

Type of Formula:
Calculating.
Formula Elements:
Equal sign, parenthesis, cell reference, math operator,
cell reference, parenthesis, math operator, number that does not change.
Time In
8:00 AM
Time Out
1:00 PM
Hours Worked
Formula Elements:
Equal sign, cell reference, math operator, cell reference.
Hourly Wage
\$19.75
Gross Pay
Math Order Of Operations:
Parenthesis
Exponents
Multiplication and Division, Left to Right
Adding and Subtracting, Left to Right

Ex 3

Type of Formula:
Calculating.
Formula Elements:
Equal sign, function, absolute range of cells, relative cell reference.
Criteria (Sales Rep Name)
Count Sales Each Had
Chunfei
Dalia
David
Devi
Elaine
Ereney
Jenifer
Jennifer
Jesse
Jim
Joey
Michael
Michelle
Nelya
Sandra
Sheri

Ex 4

Type of Formula:
Text Formula.
Formula Elements:
Equal sign, RIGHT function, relative cell reference, number that does not change.
Product ID
State Abbreviation
572-YEW/CA

503-MSA/WA
708-LIJ/OR
455-LCO/WA
826-JWW/CA
486-DFJ/OR
Ex 5

Type of Formula:
Text Formula.
Formula Elements:
Equal sign, relative cell reference, join symbol, ampersand ( & ), relative cell reference.
Product Code
State Abbreviation
Product ID for Computer
572-YEW/
CA
503-MSA/
WA
708-LIJ/
OR
455-LCO/
WA
826-JWW/
CA
486-DFJ/
OR

Ex 6

Type of Formula:
Logical Formula.
Formula Elements:
Equal sign, relative cell reference, comparative operator, absolute cell reference.
Text Formula that contains the formula elements: equal sign, IF function, relative cell reference,
comparative operator, absolute cell reference, "text".
Employee
Calls Allowed
Over Allowed Limit?
Meryl Platt
4
Lelia Person
84
Tamica Wolford
106
Theodora Osburn
28
Ricarda Yost
34
Eun Sells
89

Ex 7

## Logicals aligned CENTER

Boolean
Maximum Calls Allowed
Ex 8

45

Type of Formula:
Lookup Formula.
Formula Elements:
Equal sign, VLOOKUP function, absolute cell reference, absolute range of cells, function argument element.
Drop-down arrow: Data Ribbon, Data Validation, List
Exact lookup: FALSE or 0
Name
Jo-Jo

Phone

Email

Name
Jo
Joe
Joanne
Jo-Jo
Ex 9

Hire Date
5/8/2010
6/19/1998
7/25/2007
6/30/2012

Phone
206-675-3255
206-625-5328
206-603-3230
206-612-5025

Type of Formula:
Calculating.
Formula Elements:
Equal sign, cell reference, math operator, built-in function, range of cells.
Revenue
\$60,000
Administrative Expense
\$18,360
Operational Expenses
\$32,088
Other Expenses
\$312
Net Income

\$9,240

Ex 10 Type of Formula:
Array Formula:
Array Formula: formula that contains a formula element that makes an array operation which
produces an array of answers rather than an aggregate answer.
In our example, the k argument is expecting a single number, because we give it 3 numbers,
the LARGE spits out 3 numbers. The k argument makes a "function argument array operation".
Formula Elements:
Equal sign, SUM function, LARGE function, range of cells, array constant.
Add Top 3 Sales
Date
9/27
9/26
9/29
9/29
9/26
9/27
10/1
10/1
9/29
9/26
9/28
9/29
9/27
10/1
Ex 11 Type of Formula:
Calculating formula
Formula Elements:

SalesRep
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey

Sales
39
164
55
88
156
126
139
107
170
129
46
61
172
161

Equal sign, SUMIFS function (add with 2 criteria), range of cells, cell reference.
Product
Apple

Day
Monday

Product
Apple
Orange
Apple
Apple
Orange
Orange
Orange
Apple
Apple

Day Sold
Monday
Tuesday
Wednesday
Monday
Monday
Wednesday
Wednesday
Tuesday
Tuesday

## Number of Crates Sold

493
209
589
202
269
293
662
317
207

Ex 12 Type of Formula:
Calculating formula
Formula Elements:
Equal sign, COUNTIFS function (count with 2 criteria), absolute range of cells, relative cell reference.
Upper Limit <=
<=4
<=3.5
<=3
<=2.5
<=2

>3.5
>3
>2.5
>2
>1.5

Grades
2.1
3.5
2.8
3.3
2
3.9
4
3.2
2.8
2.9
2.8

Date
9/27
9/26
9/29
9/29
9/26
9/27
10/1
10/1
9/29
9/26
9/28
9/29
9/27
10/1

SalesRep
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey

Sales
39
164
55
88
156
126
139
107
170
129
46
61
172
161

## Number aligned RIGHT

** Remember: Please Excuse My Dear Aunt Sally

## Each Record Represents 1 Sale:

Number aligned RIGHT
Date

## Text aligned LEFT

9/26
9/27
10/1
10/1
9/30
9/26
10/1
9/30
9/26
9/29
9/27
9/29
9/29
9/27
9/28
9/26
9/27
9/27
9/26
9/30
9/29

SalesRep
Devi
Joey
Michelle
Jim
Sheri
Joey
Jesse
Devi
Jesse
Sandra
Elaine
Joey
Sandra
Chunfei
Jennifer
Dalia
Elaine
Sheri
Jennifer
Jenifer
Joey

Sales
137
39
110
107
168
164
59
81
168
37
67
55
58
16
127
167
113
132
135
97
88

cell reference.
Text aligned LEFT

IF

9/26
9/28
9/26
9/29
9/27
10/1
9/29
10/1
9/27
9/27
9/30
9/27
9/30
9/28
9/30
10/1
9/28
9/29
9/30
9/27
10/1
9/26
9/26
9/28
10/1
10/1
9/26
10/1
9/30
9/30
9/28
9/29
9/30
10/1
9/29
9/26
9/26
9/27
9/28
9/30
9/27
10/1
9/26
9/28
9/30
9/26
9/27

Nelya
Jim
Joey
Chunfei
Joey
Joey
Sandra
Dalia
Jim
Devi
Ereney
Dalia
Jenifer
Ereney
Jesse
Joey
David
Michelle
David
Jenifer
Sandra
Jim
Jenifer
Michelle
David
Michelle
Jennifer
Jenifer
Jesse
Dalia
Sheri
David
Sandra
David
Chunfei
Devi
Nelya
Michelle
Michelle
Chunfei
Jim
Ereney
Ereney
Sheri
Jim
Nelya
Chunfei

166
76
156
156
126
139
50
140
35
26
152
26
15
163
98
107
24
141
66
107
135
155
108
97
127
150
84
33
125
110
82
154
37
54
135
135
151
50
132
172
148
121
99
77
150
42
72

Email
Jo@yahoo
Joe@gmail
Joanne@gmail
Jo-Jo@yahoo

## array operation which

e give it 3 numbers,
ment array operation".

9/27
9/27
9/28
9/27
9/29
9/28
10/1
9/27
9/26
9/30
9/30
10/1
9/26
9/28
9/28
9/26
9/29
9/30
9/27
9/30
9/27
9/30
9/29
9/26
9/28
9/28
9/27
9/27
9/28
9/29
9/28
9/30
9/29
9/29
9/27
9/28
9/30
9/30
9/27
10/1
9/29
9/26
10/1
10/1
9/26
9/28

Sheri
Nelya
Elaine
Jennifer
Dalia
Sandra
Sandra
Jim
Sheri
Chunfei
Michelle
Elaine
Jennifer
David
Jim
Ereney
Joey
David
Chunfei
Nelya
Michelle
Jesse
Michelle
Jenifer
David
Jenifer
Jennifer
Devi
Jesse
Sheri
Devi
Jennifer
Michelle
Chunfei
Jenifer
Dalia
Jennifer
Nelya
Jenifer
Jim
Jesse
Joey
Elaine
Dalia
Jennifer
Dalia

73
45
94
110
54
135
120
58
46
16
138
25
140
11
79
145
170
17
136
172
107
107
87
106
84
11
98
135
27
170
159
11
34
126
90
117
139
70
172
132
81
129
38
81
72
131

## Definition of array formula:

An array formula is a formula that c
or function argument) on an array o
operation delivers a resultant array
This operation is called an array ope
operation, which delivers a single ite
The resultant array of items can be
or it can be the final answer.
The final answer from an array form

## cells, relative cell reference.

Number aligned RIGHT

9/30
9/29
9/28
9/27
9/26
10/1
9/27
9/29
9/29
10/1
10/1
9/28
9/26
10/1
9/29
9/29
9/27
10/1
9/30
9/29
9/28
9/28
9/27
10/1
9/26
9/26
9/27
9/29
9/27
9/27
9/26
9/30
9/29
9/29
9/28
10/1
9/29
9/26
9/28
10/1
9/28
9/28
9/28
10/1
10/1
10/1
10/1

Devi
Devi
Ereney
Elaine
Jim
Elaine
Jim
Chunfei
Dalia
Sheri
Michelle
David
Nelya
Ereney
Sheri
Jennifer
Jesse
Elaine
Chunfei
David
Nelya
Dalia
Jenifer
Ereney
Sandra
Jenifer
Jenifer
Jesse
Devi
Sheri
Michael
Ereney
David
Jennifer
Nelya
Devi
Sheri
Dalia
Jenifer
Devi
Ereney
Sandra
Joey
Ereney
Sandra
Sandra
Chunfei

61
17
168
135
128
132
143
13
96
75
63
50
116
130
71
159
167
42
99
168
153
116
11
12
111
170
116
152
30
135
161
138
11
27
32
93
111
62
100
70
26
64
46
166
70
111
140

10/1
9/26
9/26
9/30
9/26
9/29
10/1
9/26
9/27
9/29
9/27
9/30
9/28
9/27
9/30
10/1
9/27
9/29
10/1
9/26
9/29
10/1
9/26
9/29
9/26
10/1
9/28
9/28
9/26
9/29
9/30
9/27
9/28
9/30
10/1
10/1
9/29
9/28
9/26
9/30
9/27
9/29
9/27
9/30
10/1
9/30
9/29

Dalia
David
Jesse
David
Jennifer
Sheri
Ereney
Jenifer
Jesse
Joey
Nelya
David
Jennifer
Jesse
Elaine
Sandra
Joey
Sheri
Jesse
Michelle
Dalia
Michelle
Nelya
Chunfei
Jenifer
Nelya
Sheri
Sheri
Chunfei
Jim
Jim
David
Dalia
Ereney
Dalia
Jennifer
David
Ereney
Elaine
Ereney
Ereney
Chunfei
Jesse
David
Jennifer
Chunfei
Nelya

165
70
164
75
91
86
65
82
27
61
75
88
22
84
173
174
172
173
17
154
162
106
29
117
46
122
118
104
149
69
48
91
165
153
126
74
141
146
95
152
27
36
123
90
157
30
133

9/28
9/29
9/29
9/29
9/26
9/28
9/29
9/30
9/29
9/27
9/29
10/1
9/30
9/26
9/29
9/28
10/1
9/27

Devi
Ereney
Sandra
Chunfei
Ereney
Dalia
Jennifer
David
Jenifer
Jenifer
Jennifer
Joey
Ereney
Jim
Jennifer
Dalia
Michael
Chunfei

57
171
58
86
85
56
104
141
83
142
141
161
14
115
102
80
113
116

Chunfei
Dalia

David
Devi
Elaine
Ereney
Jenifer
Jennifer
Jesse
Jim
Joey
Michael
Michelle
Nelya
Sandra
Sheri

ID Generator:
715--LND/OR

of array formula:
rmula is a formula that contains an operation (math, comparative, join,
argument) on an array of items rather than on single items, and, the
delivers a resultant array of items rather than a single item.
tion is called an array operation and is distinguished from an aggregate
which delivers a single item.
nt array of items can be used as a formula element in a larger formulas,
e the final answer.
nswer from an array formula can either be a single item or an array of items.

Ex 1

Ex 2

Type of Formula:
Calculating.
Formula Elements:
Equal sign, parenthesis, cell reference, math operator,
cell reference, parenthesis, math operator, number that does not change.
Time In
8:00 AM
Time Out
1:00 PM
Hours Worked
5
Formula Elements:
Equal sign, cell reference, math operator, cell reference.
Hourly Wage
\$19.75
Gross Pay
\$98.75
Math Order Of Operations:
Parenthesis
Exponents
Multiplication and Division, Left to Right
Adding and Subtracting, Left to Right

Ex 3

Type of Formula:
Calculating.
Formula Elements:
Equal sign, function, absolute range of cells, relative cell reference.
Criteria (Sales Rep Name)
Count Sales Each Had
Chunfei
17
Dalia
17
David
18
Devi
12
Elaine
10
Ereney
19
Jenifer
17
Jennifer
18
Jesse
14
Jim
14
Joey
14
Michael
2
Michelle
13
Nelya
13
Sandra
13
Sheri
15

Ex 4

Type of Formula:
Text Formula.
Formula Elements:
Equal sign, RIGHT function, relative cell reference, number that does not change.
Product ID
State Abbreviation
572-YEW/CA
CA

503-MSA/WA
708-LIJ/OR
455-LCO/WA
826-JWW/CA
486-DFJ/OR

WA
OR
WA
CA
OR

Ex 5

Type of Formula:
Text Formula.
Formula Elements:
Equal sign, relative cell reference, join symbol, ampersand ( & ), relative cell reference.
Product Code
State Abbreviation
Product ID for Computer
572-YEW/
CA
572-YEW/CA
503-MSA/
WA
503-MSA/WA
708-LIJ/
OR
708-LIJ/OR
455-LCO/
WA
455-LCO/WA
826-JWW/
CA
826-JWW/CA
486-DFJ/
OR
486-DFJ/OR

Ex 6

Type of Formula:
Logical Formula.
Formula Elements:
Equal sign, relative cell reference, comparative operator, absolute cell reference.
Text Formula that contains the formula elements: equal sign, IF function, relative cell reference,
comparative operator, absolute cell reference, "text".
Employee
Calls Allowed
Over Allowed Limit?
Meryl Platt
4
FALSE
Lelia Person
84
TRUE
Tamica Wolford
106
TRUE
Theodora Osburn
28
FALSE
Ricarda Yost
34
FALSE
Eun Sells
89
TRUE

Ex 7

## Logicals aligned CENTER

Boolean
Maximum Calls Allowed
Ex 8

45

Type of Formula:
Lookup Formula.
Formula Elements:
Equal sign, VLOOKUP function, absolute cell reference, absolute range of cells, function argument element.
Drop-down arrow: Data Ribbon, Data Validation, List
Exact lookup: FALSE or 0
Name
Jo-Jo

Phone
206-612-5025

Email
Jo-Jo@yahoo

Name
Jo
Joe
Joanne
Jo-Jo
Ex 9

Hire Date
5/8/2010
6/19/1998
7/25/2007
6/30/2012

Phone
206-675-3255
206-625-5328
206-603-3230
206-612-5025

Type of Formula:
Calculating.
Formula Elements:
Equal sign, cell reference, math operator, built-in function, range of cells.
Revenue
\$60,000
Administrative Expense
\$18,360
Wage Expense
\$7,000
Operational Expenses
\$32,088
Other Expenses
\$312
Net Income
\$2,240
\$9,240
Ex 10 Type of Formula:
Array Formula:
Array Formula: formula that contains a formula element that makes an array operation which
produces an array of answers rather than an aggregate answer.
In our example, the k argument is expecting a single number, because we give it 3 numbers,
the LARGE spits out 3 numbers. The k argument makes a "function argument array operation".
Formula Elements:
Equal sign, SUM function, LARGE function, range of cells, array constant.
Add Top 3 Sales
\$506.00
506
Date
SalesRep
Sales
9/27 Joey
39
9/26 Joey
164
9/29 Joey
55
9/29 Joey
88
9/26 Joey
156
9/27 Joey
126
10/1 Joey
139
10/1 Joey
107
9/29 Joey
170
9/26 Joey
129
9/28 Joey
46
9/29 Joey
61
9/27 Joey
172
10/1 Joey
161
Ex 11 Type of Formula:
Calculating formula
Formula Elements:

Equal sign, SUMIFS function (add with 2 criteria), range of cells, cell reference.
Product
Orange

Day
Wednesday

Product
Apple
Orange
Apple
Apple
Orange
Orange
Orange
Apple
Apple

Day Sold
Monday
Tuesday
Wednesday
Monday
Monday
Wednesday
Wednesday
Tuesday
Tuesday

## Number of Crates Sold

955

493
209
589
202
269
293
662
317
207

Ex 12 Type of Formula:
Calculating formula
Formula Elements:
Equal sign, COUNTIFS function (count with 2 criteria), absolute range of cells, relative cell reference.
Upper Limit <=
<=4
<=3.5
<=3
<=2.5
<=2

>3.5
>3
>2.5
>2
>1.5

Grades
2.1
3.5
2.8
3.3
2
3.9
4
3.2
2.8
2.9
2.8

2
3
4
1
1

Date
9/27
9/26
9/29
9/29
9/26
9/27
10/1
10/1
9/29
9/26
9/28
9/29
9/27
10/1

SalesRep
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey
Joey

Sales
39
164
55
88
156
126
139
107
170
129
46
61
172
161

## Number aligned RIGHT

** Remember: Please Excuse My Dear Aunt Sally

## Each Record Represents 1 Sale:

Number aligned RIGHT
Date

## Text aligned LEFT

9/26
9/27
10/1
10/1
9/30
9/26
10/1
9/30
9/26
9/29
9/27
9/29
9/29
9/27
9/28
9/26
9/27
9/27
9/26
9/30
9/29

SalesRep
Devi
Joey
Michelle
Jim
Sheri
Joey
Jesse
Devi
Jesse
Sandra
Elaine
Joey
Sandra
Chunfei
Jennifer
Dalia
Elaine
Sheri
Jennifer
Jenifer
Joey

Sales
137
39
110
107
168
164
59
81
168
37
67
55
58
16
127
167
113
132
135
97
88

cell reference.
Text aligned LEFT

## n, relative cell reference,

IF
Under
Over
Over
Under
Under
Over
Text aligned LEFT

9/26
9/28
9/26
9/29
9/27
10/1
9/29
10/1
9/27
9/27
9/30
9/27
9/30
9/28
9/30
10/1
9/28
9/29
9/30
9/27
10/1
9/26
9/26
9/28
10/1
10/1
9/26
10/1
9/30
9/30
9/28
9/29
9/30
10/1
9/29
9/26
9/26
9/27
9/28
9/30
9/27
10/1
9/26
9/28
9/30
9/26
9/27

Nelya
Jim
Joey
Chunfei
Joey
Joey
Sandra
Dalia
Jim
Devi
Ereney
Dalia
Jenifer
Ereney
Jesse
Joey
David
Michelle
David
Jenifer
Sandra
Jim
Jenifer
Michelle
David
Michelle
Jennifer
Jenifer
Jesse
Dalia
Sheri
David
Sandra
David
Chunfei
Devi
Nelya
Michelle
Michelle
Chunfei
Jim
Ereney
Ereney
Sheri
Jim
Nelya
Chunfei

166
76
156
156
126
139
50
140
35
26
152
26
15
163
98
107
24
141
66
107
135
155
108
97
127
150
84
33
125
110
82
154
37
54
135
135
151
50
132
172
148
121
99
77
150
42
72

Email
Jo@yahoo
Joe@gmail
Joanne@gmail
Jo-Jo@yahoo

## array operation which

e give it 3 numbers,
ment array operation".

9/27
9/27
9/28
9/27
9/29
9/28
10/1
9/27
9/26
9/30
9/30
10/1
9/26
9/28
9/28
9/26
9/29
9/30
9/27
9/30
9/27
9/30
9/29
9/26
9/28
9/28
9/27
9/27
9/28
9/29
9/28
9/30
9/29
9/29
9/27
9/28
9/30
9/30
9/27
10/1
9/29
9/26
10/1
10/1
9/26
9/28

Sheri
Nelya
Elaine
Jennifer
Dalia
Sandra
Sandra
Jim
Sheri
Chunfei
Michelle
Elaine
Jennifer
David
Jim
Ereney
Joey
David
Chunfei
Nelya
Michelle
Jesse
Michelle
Jenifer
David
Jenifer
Jennifer
Devi
Jesse
Sheri
Devi
Jennifer
Michelle
Chunfei
Jenifer
Dalia
Jennifer
Nelya
Jenifer
Jim
Jesse
Joey
Elaine
Dalia
Jennifer
Dalia

73
45
94
110
54
135
120
58
46
16
138
25
140
11
79
145
170
17
136
172
107
107
87
106
84
11
98
135
27
170
159
11
34
126
90
117
139
70
172
132
81
129
38
81
72
131

## Definition of array formula:

An array formula is a formula that c
or function argument) on an array o
operation delivers a resultant array
This operation is called an array ope
operation, which delivers a single ite
The resultant array of items can be
or it can be the final answer.
The final answer from an array form

## cells, relative cell reference.

Number aligned RIGHT

9/30
9/29
9/28
9/27
9/26
10/1
9/27
9/29
9/29
10/1
10/1
9/28
9/26
10/1
9/29
9/29
9/27
10/1
9/30
9/29
9/28
9/28
9/27
10/1
9/26
9/26
9/27
9/29
9/27
9/27
9/26
9/30
9/29
9/29
9/28
10/1
9/29
9/26
9/28
10/1
9/28
9/28
9/28
10/1
10/1
10/1
10/1

Devi
Devi
Ereney
Elaine
Jim
Elaine
Jim
Chunfei
Dalia
Sheri
Michelle
David
Nelya
Ereney
Sheri
Jennifer
Jesse
Elaine
Chunfei
David
Nelya
Dalia
Jenifer
Ereney
Sandra
Jenifer
Jenifer
Jesse
Devi
Sheri
Michael
Ereney
David
Jennifer
Nelya
Devi
Sheri
Dalia
Jenifer
Devi
Ereney
Sandra
Joey
Ereney
Sandra
Sandra
Chunfei

61
17
168
135
128
132
143
13
96
75
63
50
116
130
71
159
167
42
99
168
153
116
11
12
111
170
116
152
30
135
161
138
11
27
32
93
111
62
100
70
26
64
46
166
70
111
140

10/1
9/26
9/26
9/30
9/26
9/29
10/1
9/26
9/27
9/29
9/27
9/30
9/28
9/27
9/30
10/1
9/27
9/29
10/1
9/26
9/29
10/1
9/26
9/29
9/26
10/1
9/28
9/28
9/26
9/29
9/30
9/27
9/28
9/30
10/1
10/1
9/29
9/28
9/26
9/30
9/27
9/29
9/27
9/30
10/1
9/30
9/29

Dalia
David
Jesse
David
Jennifer
Sheri
Ereney
Jenifer
Jesse
Joey
Nelya
David
Jennifer
Jesse
Elaine
Sandra
Joey
Sheri
Jesse
Michelle
Dalia
Michelle
Nelya
Chunfei
Jenifer
Nelya
Sheri
Sheri
Chunfei
Jim
Jim
David
Dalia
Ereney
Dalia
Jennifer
David
Ereney
Elaine
Ereney
Ereney
Chunfei
Jesse
David
Jennifer
Chunfei
Nelya

165
70
164
75
91
86
65
82
27
61
75
88
22
84
173
174
172
173
17
154
162
106
29
117
46
122
118
104
149
69
48
91
165
153
126
74
141
146
95
152
27
36
123
90
157
30
133

9/28
9/29
9/29
9/29
9/26
9/28
9/29
9/30
9/29
9/27
9/29
10/1
9/30
9/26
9/29
9/28
10/1
9/27

Devi
Ereney
Sandra
Chunfei
Ereney
Dalia
Jennifer
David
Jenifer
Jenifer
Jennifer
Joey
Ereney
Jim
Jennifer
Dalia
Michael
Chunfei

57
171
58
86
85
56
104
141
83
142
141
161
14
115
102
80
113
116

Chunfei
Dalia

David
Devi
Elaine
Ereney
Jenifer
Jennifer
Jesse
Jim
Joey
Michael
Michelle
Nelya
Sandra
Sheri

ID Generator:
452--FXV/WA

of array formula:
rmula is a formula that contains an operation (math, comparative, join,
argument) on an array of items rather than on single items, and, the
delivers a resultant array of items rather than a single item.
tion is called an array operation and is distinguished from an aggregate
which delivers a single item.
nt array of items can be used as a formula element in a larger formulas,
e the final answer.
nswer from an array formula can either be a single item or an array of items.

Beg Qty

End Qty
10

## Value Each COGS

\$5

Question: 8+2*2
8+2*2 = 20?
8+2*2 = 12?

8+2*2

#NAME?

Order of Operations

1
2
3
4

Please
Excuse
My Dear
Aunt Sally

Parenthesis
Exponents
Multiply & Divide (Left to Right)
Adding & Subtracting (Left To Right)

()
^
*,/
+,-

## Watch formula in action:

1) Evaluate Formula: Formula Auditing group in Formula Ribbon Tab, Alt M, V (also Alt, T, U, F)
2) Highlight a part of your formula which in edit mode, then hit the F9 key. BE SURE TO undo with Ctrl + Z.
Beg Qty

End Qty
10

Beg Qty

End Qty
10

\$5
Value Each COGS
3
\$5
3

COGS calculation
10 - 3 * 5 = -5
10 - 15 = -5
-5 = -5

Beg Qty

End Qty
10

## Value Each COGS

\$5
-\$5.00

Question: 8+2*2
8+2*2 = 20?
8+2*2 = 12?

8+2*2

#NAME?
12

20

Order of Operations

1
2
3
4

Please
Excuse
My Dear
Aunt Sally

Parenthesis
Exponents
Multiply & Divide (Left to Right)
Adding & Subtracting (Left To Right)

()
^
*,/
+,-

## Watch formula in action:

1) Evaluate Formula: Formula Auditing group in Formula Ribbon Tab, Alt M, V (also Alt, T, U, F)
2) Highlight a part of your formula which in edit mode, then hit the F9 key. BE SURE TO undo with Ctrl + Z.
Beg Qty

End Qty
10

Beg Qty

End Qty
10

\$5
-\$5.00
Value Each COGS
3
\$5
\$35.00
3

COGS calculation
10 - 3 * 5 = -5
10 - 15 = -5
-5 = -5

## How Formulas Calculate: Order of Precedence in Excel.

1 Parenthesis ( )
2 Reference Operators: colon, space, comma
Example of colon in range of cells: =SUM(A1:A4)
Example of intersection operator: =E12:G12 F10:F15 (retrieve what is in F12)
Example of comma (union): =SUM(E10:G10,E14:G14)
(give me opposite)
3 Negation (-)
Example: = -2^4 = 16
Example: = -(2^4) = -16
Example: --2+1 = 3
4 Converts % (1% to .01)
5 Exponents (^)
Example: 3^2 = 9
Example: 2^3 = 2*2*2 = 8
Example: 4^(1/2) = 2
6 Multiplication (*) and Division (/), left to right
7 Adding (+) and Subtracting (-), left to right
8 Ampersand (&) (Join operator)
9 Comparative operators: =, <>, >=, <=, <, >
Watch formula in action:
1) Evaluate Formula: Formula Auditing group in Formula Ribbon Tab, Alt M, V (also Alt, T, U, F)
2) Highlight a part of your formula which in edit mode, then hit the F9 key. BE SURE TO undo with Ctrl + Z.

## How Formulas Calculate: Order of Precedence in Excel.

1 Parenthesis ( )
2 Reference Operators: colon, space, comma
Example of colon in range of cells: =SUM(A1:A4)
Example of intersection operator: =E12:G12 F10:F15 (retrieve what is in F12)
Example of comma (union): =SUM(E10:G10,E14:G14)
(give me opposite)
3 Negation (-)
Example: = -2^4 = 16
Example: = -(2^4) = -16
Example: --2+1 = 3
4 Converts % (1% to .01)
5 Exponents (^)
Example: 3^2 = 9
Example: 2^3 = 2*2*2 = 8
Example: 4^(1/2) = 2
6 Multiplication (*) and Division (/), left to right
7 Adding (+) and Subtracting (-), left to right
8 Ampersand (&) (Join operator)
9 Comparative operators: =, <>, >=, <=, <, >
Watch formula in action:
1) Evaluate Formula: Formula Auditing group in Formula Ribbon Tab, Alt M, V (also Alt, T, U, F)
2) Highlight a part of your formula which in edit mode, then hit the F9 key. BE SURE TO undo with Ctrl + Z.
Colon
Intersection (rare)
Comma
Negation
Negation
%
M, D, A, S, Left to Right
Ampersand
Comparative Operator

65
25
145
4
-4
0.1
10
The Project Lasted 4 days.
TRUE

#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

Everything

141.38

Count
Count

3
3

Region
West

Name 1
Mo

Name 2
Jo

Name
Jo
Mo
Chin
Jo
Mo
Mo
Chin
Chin
Jo
Mo

Region
West
East
West
West
East
East
West
East
East
West

Product
Short
Long
Long
Short
Long
Long
Short
Short
Short
Long

with Ctrl + Z.
Jan

Feb
12
16
21
16

Mar
20
25
27
25

19
15
40
6

Max Days
Allowed
Start
End
9/28
10/1
6

=SUM(F26:F29)
=G26:G29 F27:H27
=SUM(F26:F29,G26:G29)
=-2^2
=-(2^2)
=10*1%
=6*2+10/2-7
="The project lasted "&G33-F33+1&" days."
=H33>=G33-F33

Units
6
2
8
10
10
4
8
10
6
10

Revenue

Increase
each month

January
February
20,000.00

March

April

May

1.015

Start
% Change End
\$1,000.00
10.00%
\$1,000.00
-10.00%

Start*(1+%Change) = End

## **In Business Math Classes I would call (1+%change), the "Rate".

June

Revenue

Increase
each month

January
February
March
April
May
June
20,000.00 20,300.00 20,604.50 20,913.57 21,227.27 21,545.68

1.015

Start
% Change End
\$1,000.00
10.00% \$1,100.00
\$1,000.00
-10.00%
\$900.00

Start*(1+%Change) = End

## Cell Reference Notes

252856836.xlsx.ms_office

Page 46 of 176

Cell References

252856836.xlsx.ms_office

Page 47 of 176

Cell References

## Month Total Revenue Total Expenses Net Income

Jan
20,000.00
13,050.00
Feb
20,300.00
13,245.75
Mar
20,604.50
13,444.45
Apr
20,913.57
13,646.11
May
21,227.27
13,850.81
Jun
21,545.68
14,058.54
Relative
Highlight all cells in advance, then enter formula into Active Cell, then
to populate the formula into all the highlighted cell with Ctrl + Enter.

## Month Total Revenue Total Expenses Net Income

Jan
20,000.00
13,050.00
6,950.00
Feb
20,300.00
13,245.75
7,054.25
Mar
20,604.50
13,444.45
7,160.05
Apr
20,913.57
13,646.11
7,267.46
May
21,227.27
13,850.81
7,376.46
Jun
21,545.68
14,058.54
7,487.14
Relative
Highlight all cells in advance, then enter formula into Active Cell, then
to populate the formula into all the highlighted cell with Ctrl + Enter.

## Retail Selling Price by Profit Margin

Increase all prices by 5.0%
New
Price New Price New Price
40%
50%
60%

Items
Sofa

\$996.67

\$1,196.00

\$1,495.00

Head Lamp

141.67

170.00

212.50

Table

253.33

304.00

380.00

Chair

165.00

198.00

247.50

Dining Set

958.33

1,150.00

1,437.50

50.00

60.00

75.00

Picture

Assumption Table
Increase in Price
Costs:
Sofa
Head Lamp
Table
Chair
Dining Set
Picture
Retail Selling Price
by Profit Margin
Starting Point
Increment

## Relative & Absolute

1.05

\$598.00
\$85.00
\$152.00
\$99.00
\$575.00
\$30.00

40.0%
10.0%

Highlight all cells in advance, then enter formula into Active Cell, t
to populate the formula into all the highlighted cell with Ctrl + Ent

## nce, then enter formula into Active Cell, then

into all the highlighted cell with Ctrl + Enter.

\$50.00

Picture Cost
Profit
Profit %
Profit %

\$30.00
\$20.00
0.4
0.4

## Start with Cost:

How do we get Sell Price?

\$30.00
\$50.00

50 - 30 = 20
50 - 50 * 0.4 = 20
50 * (1 - 0.4) = 20
50 = 20/(1 - 0.4)

50 - 30 = 20
50 - 50*.4 = 20
50*(1-.4) = 20
50 = 20/(1-.4)

## Retail Selling Price by Profit Margin

Increase all prices by 5.0%
New
Price New Price New Price
40%
50%
60%

Items
Sofa

\$996.67

\$1,196.00

\$1,495.00

\$1,046.50

\$1,255.80

\$1,569.75

Head Lamp

141.67

170.00

212.50

\$148.75

\$178.50

\$223.13

Table

253.33

304.00

380.00

\$266.00

\$319.20

\$399.00

Chair

165.00

198.00

247.50

\$173.25

\$207.90

\$259.88

Dining Set

958.33

1,150.00

1,437.50

\$1,006.25

\$1,207.50

\$1,509.38

50.00

60.00

75.00

\$52.50

\$63.00

\$78.75

Picture

Assumption Table
Increase in Price
Costs:
Sofa
Head Lamp
Table
Chair
Dining Set
Picture
Retail Selling Price
by Profit Margin
Starting Point
Increment

## Relative & Absolute

1.05

\$598.00
\$85.00
\$152.00
\$99.00
\$575.00
\$30.00

40.0%
10.0%

Highlight all cells in advance, then enter formula into Active Cell, t
to populate the formula into all the highlighted cell with Ctrl + Ent

## nce, then enter formula into Active Cell, then

into all the highlighted cell with Ctrl + Enter.

\$50.00

Picture Cost
Profit
Profit %
Profit %

\$30.00
\$20.00
0.4
0.4

## Start with Cost:

How do we get Sell Price?

\$30.00
\$50.00

50 - 30 = 20
50 - 50 * 0.4 = 20
50 * (1 - 0.4) = 20
50 = 20/(1 - 0.4)

50 - 30 = 20
50 - 50*.4 = 20
50*(1-.4) = 20
50 = 20/(1-.4)

Assumption Table
contains
Formula Inputs
Commission
Rate
0.04

SalesRep
Abraham
Hironobu
Daniel
Dante
Sarah B
Tonya
Janita
Debra
Tiara
Andrea
Faye
Viktor
Na
Ryan
Damir
Sunita
Meghan
Cynthia
Trevor
John
Sang
Dina
Tony
Nikolay
Thanh
Tracinda
Denis
Michael
Svitlana Q
Leslie
Sarah
Andra
Christien
Irina
Chandy
David
Wendy
Archie
Desiree

Earned
Commission
Sales
\$1,161.00
\$1,321.00
\$1,039.00
\$1,761.00
\$1,561.00
\$1,868.00
\$2,787.00
\$1,849.00
\$2,627.00
\$2,165.00
\$1,589.00
\$2,603.00
\$2,366.00
\$2,107.00
\$2,886.00
\$1,886.00
\$2,177.00
\$1,873.00
\$2,164.00
\$1,394.00
\$2,263.00
\$2,242.00
\$1,474.00
\$1,998.00
\$2,892.00
\$1,873.00
\$1,954.00
\$1,729.00
\$1,140.00
\$1,528.00
\$1,659.00
\$2,119.00
\$1,854.00
\$2,759.00
\$1,237.00
\$1,653.00
\$2,604.00
\$1,479.00
\$2,569.00

## Relative & Absolute

When cursor touching a cell reference in a formula, the F4
key is s toggle that cycles (merry-go-rounds) through the
four types of cell references.

Denise
Hillary
Nicolas
Ralph
Konstanti
Svitlana
Ewelina
Jori
Abdullahi

\$1,941.00
\$2,793.00
\$2,614.00
\$1,645.00
\$1,733.00
\$2,466.00
\$2,833.00
\$1,604.00
\$2,588.00

## erence in a formula, the F4

y-go-rounds) through the

Assumption Table
contains
Formula Inputs
Commission
Rate
0.04

SalesRep
Abraham
Hironobu
Daniel
Dante
Sarah B
Tonya
Janita
Debra
Tiara
Andrea
Faye
Viktor
Na
Ryan
Damir
Sunita
Meghan
Cynthia
Trevor
John
Sang
Dina
Tony
Nikolay
Thanh
Tracinda
Denis
Michael
Svitlana Q
Leslie
Sarah
Andra
Christien
Irina
Chandy
David
Wendy
Archie

Sales
\$1,161.00
\$1,321.00
\$1,039.00
\$1,761.00
\$1,561.00
\$1,868.00
\$2,787.00
\$1,849.00
\$2,627.00
\$2,165.00
\$1,589.00
\$2,603.00
\$2,366.00
\$2,107.00
\$2,886.00
\$1,886.00
\$2,177.00
\$1,873.00
\$2,164.00
\$1,394.00
\$2,263.00
\$2,242.00
\$1,474.00
\$1,998.00
\$2,892.00
\$1,873.00
\$1,954.00
\$1,729.00
\$1,140.00
\$1,528.00
\$1,659.00
\$2,119.00
\$1,854.00
\$2,759.00
\$1,237.00
\$1,653.00
\$2,604.00
\$1,479.00

Earned
Commission
\$46.44
\$52.84
\$41.56
\$70.44
\$62.44
\$74.72
\$111.48
\$73.96
\$105.08
\$86.60
\$63.56
\$104.12
\$94.64
\$84.28
\$115.44
\$75.44
\$87.08
\$74.92
\$86.56
\$55.76
\$90.52
\$89.68
\$58.96
\$79.92
\$115.68
\$74.92
\$78.16
\$69.16
\$45.60
\$61.12
\$66.36
\$84.76
\$74.16
\$110.36
\$49.48
\$66.12
\$104.16
\$59.16

## Relative & Absolute

When cursor touching a cell reference in a formula, the F4
key is s toggle that cycles (merry-go-rounds) through the
four types of cell references.

Desiree
Denise
Hillary
Nicolas
Ralph
Konstanti
Svitlana
Ewelina
Jori
Abdullahi

\$2,569.00
\$1,941.00
\$2,793.00
\$2,614.00
\$1,645.00
\$1,733.00
\$2,466.00
\$2,833.00
\$1,604.00
\$2,588.00

\$102.76
\$77.64
\$111.72
\$104.56
\$65.80
\$69.32
\$98.64
\$113.32
\$64.16
\$103.52

## erence in a formula, the F4

y-go-rounds) through the

Date
1/8/2010
1/3/2010
1/6/2010
1/1/2010
1/6/2010
1/8/2010
1/2/2010
1/5/2010
1/7/2010
1/8/2010
1/7/2010
1/6/2010
1/3/2010
1/7/2010
1/6/2010
1/6/2010
1/8/2010
1/9/2010

SalesRep
Tina
Shelia
Tina
Bob
Tina
Sioux
Bob
Donita
Donita
Bob
Tina
Chin
Shelia
Shelia
Shelia
Chin
Tina
Don

Boom 15
27 \$1,179.63
Boom 15
20
\$873.80
Boom 14
23
\$757.85
Boom 11
26
\$492.70
Boom 5
25
\$350.00
Boom 6
23
\$343.85
Boom 5
24
\$336.00
Boom 6
18
\$269.10
Boom 11
14
\$265.30
Boom 10
14
\$252.00
Boom 10
13
\$234.00
Boom 5
13
\$182.00
Boom 8
10
\$159.50
Boom 13
6
\$153.30
Boom 8
8
\$127.60
Boom 2
10
\$120.00
Boom 1
12
\$120.00
Boom 10
1
\$29.00

Date
1/13/11
1/15/11
1/25/11
1/3/11
1/27/11
1/14/11
1/8/11
1/16/11
1/7/11
1/15/11
1/20/11
1/27/11
1/8/11
1/20/11
1/5/11
1/12/11
1/4/11
1/28/11
1/4/11
1/18/11
1/21/11
1/1/11
1/23/11
1/25/11
1/19/11

Product
Sunshine
Sunshine
Sunshine
Carlota
Sunset
Quad
Quad
Quad
Quad
Sunset
Quad
Carlota
Sunshine
Carlota
Quad
Sunshine
Sunshine
Sunshine
Carlota
Quad
Bellen
Sunshine
Sunset
Quad
Quad

Region
East
MidWest
West
MidWest
MidWest
MidWest
MidWest
East
East
East
South
MidWest
East
MidWest
East
West
East
South
East
East
East
West
East
MidWest
West

SalesRep
Franks
Sioux
Franks
Chin
Franks
Smith
Franks
Pham
Sioux
Chin
Pham
Sioux
Gault
Chin
Pham
Chin
Pham
Smith
Chin
Sioux
Chin
Pham
Chin
Franks
Smith

Customer
KBTB
MNGD
JAQ
FRED
WFMI
TTT
ET
FM
EPP
FRED
T
LOP
PSA
T
AST
EPP
SFWK
KBTB
WSD
WFMI
QT
TTT
DFR
EPP
HII

SalesRep
Tina
Shelia
Bob
Sioux
Donita
Chin
Don

Total Sales

Units Sales
COGS
58 \$1,102.00
\$464.00
17
\$323.00
\$136.00
59 \$1,121.00
\$472.00
55 \$1,265.00
\$605.00
44
\$924.00
\$407.00
61 \$1,647.00
\$884.50
50 \$1,350.00
\$725.00
59 \$1,593.00
\$855.50
36
\$972.00
\$522.00
14
\$294.00
\$129.50
38 \$1,026.00
\$551.00
63 \$1,449.00
\$693.00
9
\$171.00
\$72.00
65 \$1,495.00
\$715.00
35
\$945.00
\$507.50
37
\$703.00
\$296.00
55 \$1,045.00
\$440.00
33
\$627.00
\$264.00
28
\$644.00
\$308.00
10
\$270.00
\$145.00
30
\$660.00
\$300.00
26
\$494.00
\$208.00
6
\$126.00
\$55.50
41 \$1,107.00
\$594.50
26
\$702.00
\$377.00

1/29/11
1/29/11
1/22/11
1/30/11
1/18/11
1/1/11
1/18/11
1/21/11
1/12/11
1/16/11
1/5/11
1/30/11
1/15/11
1/30/11
1/16/11
1/24/11
1/26/11
1/11/11
1/6/11
1/9/11
1/16/11
1/12/11
1/14/11
1/2/11
1/10/11
1/28/11
1/11/11
1/3/11
1/15/11
1/14/11
1/28/11
1/4/11
1/13/11
1/12/11
1/24/11
1/14/11
1/6/11
1/19/11
1/27/11
1/21/11
1/4/11
1/4/11
1/27/11
1/19/11
1/11/11
1/1/11
1/5/11

Sunshine
Sunset
Carlota
Quad
Bellen
Sunshine
Quad
Quad
Carlota
Quad
Carlota
Bellen
Quad
Quad
Sunshine
Sunset
Carlota
Sunset
Bellen
Bellen
Quad
Quad
Carlota
Sunshine
Carlota
Sunset
Sunset
Bellen
Bellen
Carlota
Quad
Quad
Carlota
Sunshine
Bellen
Sunshine
Sunset
Carlota
Sunshine
Carlota
Sunshine
Quad
Bellen
Sunshine
Bellen
Carlota
Sunshine

MidWest
South
West
East
West
West
West
MidWest
MidWest
West
South
West
East
MidWest
East
MidWest
South
South
MidWest
East
East
West
MidWest
West
East
MidWest
South
South
MidWest
West
MidWest
East
South
West
MidWest
West
MidWest
South
East
West
West
MidWest
West
South
East
MidWest
West

Gault
Gault
Chin
Franks
Chin
Franks
Smith
Sioux
Chin
Chin
Franks
Franks
Gault
Gault
Gault
Franks
Smith
Gault
Smith
Smith
Sioux
Franks
Sioux
Franks
Chin
Sioux
Franks
Chin
Pham
Franks
Smith
Sioux
Chin
Pham
Franks
Sioux
Chin
Pham
Franks
Pham
Pham
Franks
Smith
Pham
Franks
Franks
Sioux

SFWK
ITW
KBTB
HII
MNGD
FM
AA
KBTB
WT
PCC
FM
ZAT
WT
EPP
WSD
WSD
TTT
MBG
TRU
EPP
PLOT
EPP
TRU
BBT
TTT
QT
TTT
TTT
LOP
ET
DFGH
MBG
AA
WFMI
EPP
FM
DFR
GRR
ITW
WSD
FM
TRU
TRU
ITW
MNGD
JAQ
WT

45
15
65
14
56
11
40
58
40
40
11
17
19
15
57
17
31
28
11
20
8
34
34
16
32
61
59
30
22
6
16
19
30
62
25
13
24
51
23
41
11
19
62
48
34
37
50

\$855.00
\$315.00
\$1,495.00
\$378.00
\$1,232.00
\$209.00
\$1,080.00
\$1,566.00
\$920.00
\$1,080.00
\$253.00
\$374.00
\$513.00
\$405.00
\$1,083.00
\$357.00
\$713.00
\$588.00
\$242.00
\$440.00
\$216.00
\$918.00
\$782.00
\$304.00
\$736.00
\$1,281.00
\$1,239.00
\$660.00
\$484.00
\$138.00
\$432.00
\$513.00
\$690.00
\$1,178.00
\$550.00
\$247.00
\$504.00
\$1,173.00
\$437.00
\$943.00
\$209.00
\$513.00
\$1,364.00
\$912.00
\$748.00
\$851.00
\$950.00

\$360.00
\$138.75
\$715.00
\$203.00
\$560.00
\$88.00
\$580.00
\$841.00
\$440.00
\$580.00
\$121.00
\$170.00
\$275.50
\$217.50
\$456.00
\$157.25
\$341.00
\$259.00
\$110.00
\$200.00
\$116.00
\$493.00
\$374.00
\$128.00
\$352.00
\$564.25
\$545.75
\$300.00
\$220.00
\$66.00
\$232.00
\$275.50
\$330.00
\$496.00
\$250.00
\$104.00
\$222.00
\$561.00
\$184.00
\$451.00
\$88.00
\$275.50
\$620.00
\$384.00
\$340.00
\$407.00
\$400.00

1/15/11
1/23/11
1/7/11
1/16/11
1/19/11
1/28/11
1/16/11
1/15/11
1/27/11
1/28/11
1/28/11
1/15/11
1/14/11
1/19/11
1/29/11
1/17/11
1/30/11
1/16/11
1/19/11
1/5/11
1/18/11
1/8/11
1/10/11
1/5/11
1/15/11
1/17/11
1/26/11
1/11/11
1/4/11
1/21/11
1/22/11
1/10/11
1/12/11

Carlota
Carlota
Carlota
Carlota
Bellen
Sunshine
Sunshine
Sunshine
Bellen
Bellen
Bellen
Sunset
Quad
Sunset
Sunset
Quad
Sunshine
Sunset
Sunset
Carlota
Carlota
Sunshine
Quad
Bellen
Quad
Quad
Sunshine
Sunset
Quad
Carlota
Sunset
Sunshine
Sunset

West
West
South
South
South
East
South
MidWest
East
South
West
MidWest
South
MidWest
West
East
MidWest
MidWest
West
South
East
South
MidWest
East
West
West
MidWest
South
South
MidWest
West
East
South

Smith
Pham
Chin
Sioux
Pham
Sioux
Chin
Pham
Franks
Sioux
Chin
Franks
Pham
Smith
Smith
Franks
Franks
Pham
Gault
Sioux
Chin
Sioux
Sioux
Gault
Chin
Chin
Smith
Smith
Sioux
Chin
Franks
Franks
Franks

TTT
ET
JAQ
ZAT
TTT
QT
T
DFGH
TTT
WT
KPSA
FM
AA
DDH
TTT
SFWK
LOP
JAQ
QT
WSD
TRU
ZAT
KPSA
WSD
MBG
HII
TRU
HII
ET
BBT
AA
JAQ
QT

51
32
22
33
18
17
14
54
56
47
65
56
64
63
25
15
42
31
32
34
50
53
27
23
12
50
49
17
12
53
41
8
47

\$1,173.00
\$736.00
\$506.00
\$759.00
\$396.00
\$323.00
\$266.00
\$1,026.00
\$1,232.00
\$1,034.00
\$1,430.00
\$1,176.00
\$1,728.00
\$1,323.00
\$525.00
\$405.00
\$798.00
\$651.00
\$672.00
\$782.00
\$1,150.00
\$1,007.00
\$729.00
\$506.00
\$324.00
\$1,350.00
\$931.00
\$357.00
\$324.00
\$1,219.00
\$861.00
\$152.00
\$987.00

\$561.00
\$352.00
\$242.00
\$363.00
\$180.00
\$136.00
\$112.00
\$432.00
\$560.00
\$470.00
\$650.00
\$518.00
\$928.00
\$582.75
\$231.25
\$217.50
\$336.00
\$286.75
\$296.00
\$374.00
\$550.00
\$424.00
\$391.50
\$230.00
\$174.00
\$725.00
\$392.00
\$157.25
\$174.00
\$583.00
\$379.25
\$64.00
\$434.75

\$2,641.48
\$1,314.20
\$1,080.70 or
\$343.85
\$534.40
\$302.00
\$29.00

\$2,641.48
\$1,314.20
\$1,080.70
\$343.85
\$534.40
\$302.00
\$29.00

Product/Region
Sunshine
Carlota
Sunset
Quad
Bellen

East

MidWest

West

South

## 2003 and earlier formula

Product/Region East
MidWest
West
South
Sunshine
\$4,313
\$3,933 \$5,415 \$2,812
Carlota
\$2,530
\$7,981 \$4,485 \$4,876
Sunset
\$420
\$6,216 \$2,058 \$3,486
Quad
\$5,805
\$7,749 \$5,454 \$3,078
Bellen
\$3,586
\$1,276 \$4,400 \$2,090

Date
1/8/2010
1/3/2010
1/6/2010
1/1/2010
1/6/2010
1/8/2010
1/2/2010
1/5/2010
1/7/2010
1/8/2010
1/7/2010
1/6/2010
1/3/2010
1/7/2010
1/6/2010
1/6/2010
1/8/2010
1/9/2010

SalesRep
Tina
Shelia
Tina
Bob
Tina
Sioux
Bob
Donita
Donita
Bob
Tina
Chin
Shelia
Shelia
Shelia
Chin
Tina
Don

Boom 15
27 \$1,179.63
Boom 15
20
\$873.80
Boom 14
23
\$757.85
Boom 11
26
\$492.70
Boom 5
25
\$350.00
Boom 6
23
\$343.85
Boom 5
24
\$336.00
Boom 6
18
\$269.10
Boom 11
14
\$265.30
Boom 10
14
\$252.00
Boom 10
13
\$234.00
Boom 5
13
\$182.00
Boom 8
10
\$159.50
Boom 13
6
\$153.30
Boom 8
8
\$127.60
Boom 2
10
\$120.00
Boom 1
12
\$120.00
Boom 10
1
\$29.00

Date
1/13/11
1/15/11
1/25/11
1/3/11
1/27/11
1/14/11
1/8/11
1/16/11
1/7/11
1/15/11
1/20/11
1/27/11
1/8/11
1/20/11
1/5/11
1/12/11
1/4/11
1/28/11
1/4/11
1/18/11
1/21/11
1/1/11
1/23/11
1/25/11
1/19/11

Product
Sunshine
Sunshine
Sunshine
Carlota
Sunset
Quad
Quad
Quad
Quad
Sunset
Quad
Carlota
Sunshine
Carlota
Quad
Sunshine
Sunshine
Sunshine
Carlota
Quad
Bellen
Sunshine
Sunset
Quad
Quad

Region
East
MidWest
West
MidWest
MidWest
MidWest
MidWest
East
East
East
South
MidWest
East
MidWest
East
West
East
South
East
East
East
West
East
MidWest
West

SalesRep
Franks
Sioux
Franks
Chin
Franks
Smith
Franks
Pham
Sioux
Chin
Pham
Sioux
Gault
Chin
Pham
Chin
Pham
Smith
Chin
Sioux
Chin
Pham
Chin
Franks
Smith

Customer
KBTB
MNGD
JAQ
FRED
WFMI
TTT
ET
FM
EPP
FRED
T
LOP
PSA
T
AST
EPP
SFWK
KBTB
WSD
WFMI
QT
TTT
DFR
EPP
HII

SalesRep
Tina
Shelia
Bob
Sioux
Donita
Chin
Don

Total Sales
\$2,641.48
\$1,314.20
\$1,080.70
\$343.85
\$534.40
\$302.00
\$29.00

Units Sales
COGS
58 \$1,102.00
\$464.00
17
\$323.00
\$136.00
59 \$1,121.00
\$472.00
55 \$1,265.00
\$605.00
44
\$924.00
\$407.00
61 \$1,647.00
\$884.50
50 \$1,350.00
\$725.00
59 \$1,593.00
\$855.50
36
\$972.00
\$522.00
14
\$294.00
\$129.50
38 \$1,026.00
\$551.00
63 \$1,449.00
\$693.00
9
\$171.00
\$72.00
65 \$1,495.00
\$715.00
35
\$945.00
\$507.50
37
\$703.00
\$296.00
55 \$1,045.00
\$440.00
33
\$627.00
\$264.00
28
\$644.00
\$308.00
10
\$270.00
\$145.00
30
\$660.00
\$300.00
26
\$494.00
\$208.00
6
\$126.00
\$55.50
41 \$1,107.00
\$594.50
26
\$702.00
\$377.00

1/29/11
1/29/11
1/22/11
1/30/11
1/18/11
1/1/11
1/18/11
1/21/11
1/12/11
1/16/11
1/5/11
1/30/11
1/15/11
1/30/11
1/16/11
1/24/11
1/26/11
1/11/11
1/6/11
1/9/11
1/16/11
1/12/11
1/14/11
1/2/11
1/10/11
1/28/11
1/11/11
1/3/11
1/15/11
1/14/11
1/28/11
1/4/11
1/13/11
1/12/11
1/24/11
1/14/11
1/6/11
1/19/11
1/27/11
1/21/11
1/4/11
1/4/11
1/27/11
1/19/11
1/11/11
1/1/11
1/5/11

Sunshine
Sunset
Carlota
Quad
Bellen
Sunshine
Quad
Quad
Carlota
Quad
Carlota
Bellen
Quad
Quad
Sunshine
Sunset
Carlota
Sunset
Bellen
Bellen
Quad
Quad
Carlota
Sunshine
Carlota
Sunset
Sunset
Bellen
Bellen
Carlota
Quad
Quad
Carlota
Sunshine
Bellen
Sunshine
Sunset
Carlota
Sunshine
Carlota
Sunshine
Quad
Bellen
Sunshine
Bellen
Carlota
Sunshine

MidWest
South
West
East
West
West
West
MidWest
MidWest
West
South
West
East
MidWest
East
MidWest
South
South
MidWest
East
East
West
MidWest
West
East
MidWest
South
South
MidWest
West
MidWest
East
South
West
MidWest
West
MidWest
South
East
West
West
MidWest
West
South
East
MidWest
West

Gault
Gault
Chin
Franks
Chin
Franks
Smith
Sioux
Chin
Chin
Franks
Franks
Gault
Gault
Gault
Franks
Smith
Gault
Smith
Smith
Sioux
Franks
Sioux
Franks
Chin
Sioux
Franks
Chin
Pham
Franks
Smith
Sioux
Chin
Pham
Franks
Sioux
Chin
Pham
Franks
Pham
Pham
Franks
Smith
Pham
Franks
Franks
Sioux

SFWK
ITW
KBTB
HII
MNGD
FM
AA
KBTB
WT
PCC
FM
ZAT
WT
EPP
WSD
WSD
TTT
MBG
TRU
EPP
PLOT
EPP
TRU
BBT
TTT
QT
TTT
TTT
LOP
ET
DFGH
MBG
AA
WFMI
EPP
FM
DFR
GRR
ITW
WSD
FM
TRU
TRU
ITW
MNGD
JAQ
WT

45
15
65
14
56
11
40
58
40
40
11
17
19
15
57
17
31
28
11
20
8
34
34
16
32
61
59
30
22
6
16
19
30
62
25
13
24
51
23
41
11
19
62
48
34
37
50

\$855.00
\$315.00
\$1,495.00
\$378.00
\$1,232.00
\$209.00
\$1,080.00
\$1,566.00
\$920.00
\$1,080.00
\$253.00
\$374.00
\$513.00
\$405.00
\$1,083.00
\$357.00
\$713.00
\$588.00
\$242.00
\$440.00
\$216.00
\$918.00
\$782.00
\$304.00
\$736.00
\$1,281.00
\$1,239.00
\$660.00
\$484.00
\$138.00
\$432.00
\$513.00
\$690.00
\$1,178.00
\$550.00
\$247.00
\$504.00
\$1,173.00
\$437.00
\$943.00
\$209.00
\$513.00
\$1,364.00
\$912.00
\$748.00
\$851.00
\$950.00

\$360.00
\$138.75
\$715.00
\$203.00
\$560.00
\$88.00
\$580.00
\$841.00
\$440.00
\$580.00
\$121.00
\$170.00
\$275.50
\$217.50
\$456.00
\$157.25
\$341.00
\$259.00
\$110.00
\$200.00
\$116.00
\$493.00
\$374.00
\$128.00
\$352.00
\$564.25
\$545.75
\$300.00
\$220.00
\$66.00
\$232.00
\$275.50
\$330.00
\$496.00
\$250.00
\$104.00
\$222.00
\$561.00
\$184.00
\$451.00
\$88.00
\$275.50
\$620.00
\$384.00
\$340.00
\$407.00
\$400.00

1/15/11
1/23/11
1/7/11
1/16/11
1/19/11
1/28/11
1/16/11
1/15/11
1/27/11
1/28/11
1/28/11
1/15/11
1/14/11
1/19/11
1/29/11
1/17/11
1/30/11
1/16/11
1/19/11
1/5/11
1/18/11
1/8/11
1/10/11
1/5/11
1/15/11
1/17/11
1/26/11
1/11/11
1/4/11
1/21/11
1/22/11
1/10/11
1/12/11

Carlota
Carlota
Carlota
Carlota
Bellen
Sunshine
Sunshine
Sunshine
Bellen
Bellen
Bellen
Sunset
Quad
Sunset
Sunset
Quad
Sunshine
Sunset
Sunset
Carlota
Carlota
Sunshine
Quad
Bellen
Quad
Quad
Sunshine
Sunset
Quad
Carlota
Sunset
Sunshine
Sunset

West
West
South
South
South
East
South
MidWest
East
South
West
MidWest
South
MidWest
West
East
MidWest
MidWest
West
South
East
South
MidWest
East
West
West
MidWest
South
South
MidWest
West
East
South

Smith
Pham
Chin
Sioux
Pham
Sioux
Chin
Pham
Franks
Sioux
Chin
Franks
Pham
Smith
Smith
Franks
Franks
Pham
Gault
Sioux
Chin
Sioux
Sioux
Gault
Chin
Chin
Smith
Smith
Sioux
Chin
Franks
Franks
Franks

TTT
ET
JAQ
ZAT
TTT
QT
T
DFGH
TTT
WT
KPSA
FM
AA
DDH
TTT
SFWK
LOP
JAQ
QT
WSD
TRU
ZAT
KPSA
WSD
MBG
HII
TRU
HII
ET
BBT
AA
JAQ
QT

51
32
22
33
18
17
14
54
56
47
65
56
64
63
25
15
42
31
32
34
50
53
27
23
12
50
49
17
12
53
41
8
47

\$1,173.00
\$736.00
\$506.00
\$759.00
\$396.00
\$323.00
\$266.00
\$1,026.00
\$1,232.00
\$1,034.00
\$1,430.00
\$1,176.00
\$1,728.00
\$1,323.00
\$525.00
\$405.00
\$798.00
\$651.00
\$672.00
\$782.00
\$1,150.00
\$1,007.00
\$729.00
\$506.00
\$324.00
\$1,350.00
\$931.00
\$357.00
\$324.00
\$1,219.00
\$861.00
\$152.00
\$987.00

\$561.00
\$352.00
\$242.00
\$363.00
\$180.00
\$136.00
\$112.00
\$432.00
\$560.00
\$470.00
\$650.00
\$518.00
\$928.00
\$582.75
\$231.25
\$217.50
\$336.00
\$286.75
\$296.00
\$374.00
\$550.00
\$424.00
\$391.50
\$230.00
\$174.00
\$725.00
\$392.00
\$157.25
\$174.00
\$583.00
\$379.25
\$64.00
\$434.75

\$2,641.48
\$1,314.20
\$1,080.70 or
\$343.85
\$534.40
\$302.00
\$29.00

\$2,641.48
\$1,314.20
\$1,080.70
\$343.85
\$534.40
\$302.00
\$29.00

## & Absolute ranges

Product/Region
Sunshine
Carlota
Sunset
Quad
Bellen

East
MidWest
West
South
\$4,313
\$3,933 \$5,415 \$2,812
\$2,530
\$7,981 \$4,485 \$4,876
\$420
\$6,216 \$2,058 \$3,486
\$5,805
\$7,749 \$5,454 \$3,078
\$3,586
\$1,276 \$4,400 \$2,090

## 2003 and earlier formula

Product/Region East
MidWest
West
South
Sunshine
\$4,313
\$3,933 \$5,415 \$2,812
Carlota
\$2,530
\$7,981 \$4,485 \$4,876
Sunset
\$420
\$6,216 \$2,058 \$3,486
Quad
\$5,805
\$7,749 \$5,454 \$3,078
Bellen
\$3,586
\$1,276 \$4,400 \$2,090

1,000.00

1,250.00

Budget
Apr
1,370.00

1,000.00

1,250.00

1,370.00

Jan
Revenue
COGS
Office Expense
Admin Expense
Wage Expense
Other Expense
Depreciation
Total Expenses
Net Income

Feb

COGS
25.50%
Office Expense
4.50%
Admin Expense
7.50%
Wage Expense
22.50%
Other Expense
4.50%
Depreciation
12.00%

COGS

Mar

May
1,250.00

2,000.00

1,250.00

2,000.00

## Mixed Cell References and Assumption Tables

When cursor touching a cell reference in a formula, the F4
key is s toggle that cycles (merry-go-rounds) through the
four types of cell references.

## Assumptions - Formula Inputs

Office Expense Admin Expense Wage Expense Other Expense Depreciation
25.50%
4.50%
7.50%
22.50%
4.50%
12.00%

Jun

n a formula, the F4
nds) through the

Total
2,215.00
9,085.00
2,215.00
9,085.00

Budget
Jan
Revenue
COGS
Office Expense
Admin Expense
Wage Expense
Other Expense
Depreciation
Total Expenses
Net Income

Feb
1,000.00
255.00
45.00
75.00
225.00
45.00
120.00
765.00
235.00

COGS
25.50%
Office Expense
4.50%
Admin Expense
7.50%
Wage Expense
22.50%
Other Expense
4.50%
Depreciation
12.00%

COGS

Mar
1,250.00
318.75
56.25
93.75
281.25
56.25
150.00
956.25
293.75

Apr
1,370.00
349.35
61.65
102.75
308.25
61.65
164.40
1,048.05
321.95

May
1,250.00
318.75
56.25
93.75
281.25
56.25
150.00
956.25
293.75

2,000.00
510.00
90.00
150.00
450.00
90.00
240.00
1,530.00
470.00

## Mixed Cell References and Assumption Tables

When cursor touching a cell reference in a formula, the F4
key is s toggle that cycles (merry-go-rounds) through the
four types of cell references.

## Assumptions - Formula Inputs

Office Expense Admin Expense Wage Expense Other Expense Depreciation
25.50%
4.50%
7.50%
22.50%
4.50%
12.00%

Jun

n a formula, the F4
nds) through the

2,215.00
564.83
99.68
166.13
498.38
99.68
265.80
1,694.48
520.53

Total
9,085.00
2,316.68
408.83
681.38
2,044.13
408.83
1,090.20
6,950.03
2,134.98

Multiplication Table
Column Headers

Row Headers

1
2
3
4
5
6
7
8
9
10
11
12

Mixed
When cursor touching a cell reference in a formula, the F4
key is s toggle that cycles (merry-go-rounds) through the
four types of cell references.

ble
8

10

11

12

Multiplication Table

Row Headers

Column Headers
1
2
3
4
5
6
7
8
9
10
11
12

1
1
2
3
4
5
6
7
8
9
10
11
12

2
2
4
6
8
10
12
14
16
18
20
22
24

3
3
6
9
12
15
18
21
24
27
30
33
36

4
4
8
12
16
20
24
28
32
36
40
44
48

5
5
10
15
20
25
30
35
40
45
50
55
60

Mixed
When cursor touching a cell reference in a formula, the F4
key is s toggle that cycles (merry-go-rounds) through the
four types of cell references.

6
6
12
18
24
30
36
42
48
54
60
66
72

7
7
14
21
28
35
42
49
56
63
70
77
84

ble
8
8
16
24
32
40
48
56
64
72
80
88
96

9
9
18
27
36
45
54
63
72
81
90
99
108

10
10
20
30
40
50
60
70
80
90
100
110
120

11
11
22
33
44
55
66
77
88
99
110
121
132

12
12
24
36
48
60
72
84
96
108
120
132
144

Yearly PMT

Years/Rate

\$3,000.00

6.0%
5
10
15
20
25
30
35
40
45

Assumption Table
Start rate
6.0%
increment
1.0%
Start years
5
Increment
5

7.0%
8.0%
9.0%

10.0%

11.0%

Yearly PMT

Years/Rate
5
10
15
20
25
30
35
40
45

\$3,000.00

6.0%
\$16,911.28
\$39,542.38
\$69,827.91
\$110,356.77
\$164,593.54
\$237,174.56
\$334,304.34
\$464,285.90
\$638,230.54

Assumption Table
Start rate
6.0%
increment
1.0%
Start years
5
Increment
5

7.0%
8.0%
9.0%
\$17,252.22
\$17,599.80
\$17,954.13
\$41,449.34
\$43,459.69
\$45,578.79
\$75,387.07
\$81,456.34
\$88,082.75
\$122,986.48
\$137,285.89
\$153,480.36
\$189,747.11
\$219,317.82
\$254,102.69
\$283,382.36
\$339,849.63
\$408,922.62
\$414,710.64
\$516,950.41
\$647,132.26
\$598,905.34
\$777,169.56
\$1,013,647.34
\$857,247.93
\$1,159,516.85
\$1,577,576.20

10.0%
\$18,315.30
\$47,812.27
\$95,317.45
\$171,825.00
\$295,041.18
\$493,482.07
\$813,073.11
\$1,327,777.67
\$2,156,714.51

11.0%
\$18,683.40
\$50,166.03
\$103,216.08
\$192,608.50
\$343,239.92
\$597,062.63
\$1,024,768.66
\$1,745,478.20
\$2,959,915.68

Jan
Revenue
COGS
Office Expense
Admin Expense
Wage Expense
Other Expense
Depreciation
Total Expenses
Net Income

Feb
1,000.00
255.00
45.00
75.00
225.00
45.00
120.00
765.00
235.00

## Assumptions - Formula Inputs

COGS
25.50%
Office Expense
4.50%
Admin Expense
7.50%
Wage Expense
22.50%
Other Expense
4.50%
Depreciation
12.00%

Mar
1,250.00
318.75
56.25
93.75
281.25
56.25
150.00
956.25
293.75

Budget
Apr
1,370.00
349.35
61.65
102.75
308.25
61.65
164.40
1,048.05
321.95

May
1,250.00
318.75
56.25
93.75
281.25
56.25
150.00
956.25
293.75

2,000.00
510.00
90.00
150.00
450.00
90.00
240.00
1,530.00
470.00

Highline Excel 2013 Class Video 06: Scenarios To Save Sets Of Formula In

Scenario keyboard: Alt, T, E (old Alt keyboard from Excel 2003 and ear

Jun
2,215.00
564.83
99.68
166.13
498.38
99.68
265.80
1,694.48
520.53

Total
9,085.00
2,316.68
408.83
681.38
2,044.13
408.83
1,090.20
6,950.03
2,134.98

Jan
Revenue
COGS
Office Expense
Admin Expense
Wage Expense
Other Expense
Depreciation
Total Expenses
Net Income

Feb
1,000.00
297.00
66.00
44.00
297.00
33.00
88.00
825.00
175.00

## Assumptions - Formula Inputs

COGS
29.70%
Office Expense
6.60%
Admin Expense
4.40%
Wage Expense
29.70%
Other Expense
3.30%
Depreciation
8.80%

Mar
1,250.00
371.25
82.50
55.00
371.25
41.25
110.00
1,031.25
218.75

Budget
Apr
1,370.00
406.89
90.42
60.28
406.89
45.21
120.56
1,130.25
239.75

May
1,250.00
371.25
82.50
55.00
371.25
41.25
110.00
1,031.25
218.75

2,000.00
594.00
132.00
88.00
594.00
66.00
176.00
1,650.00
350.00

Highline Excel 2013 Class Video 06: Scenarios To Save Sets Of Formula In

Scenario keyboard: Alt, T, E (old Alt keyboard from Excel 2003 and ear

Jun
2,215.00
657.86
146.19
97.46
657.86
73.10
194.92
1,827.38
387.63

Total
9,085.00
2,698.25
599.61
399.74
2,698.25
299.81
799.48
7,495.13
1,589.88

## Schedule Of Accounts Receivable

Name
Amount
Name1
50.00
Name2
601.00
Name3
845.00
Name4
32.00
Name5
155.00
Name6
45.00
Name7
87.00
Name8
22.00
Total AR
1837.00
Check to See If In
Balance

Check to See If In
Balance

Highline Excel 2013 Class Video 07: Worksheet References, Workbook Refe

Sheet Reference:
1) Type equal sign
2) Click on sheet
3) click on cell on "clicked on sheet"
Don't click back on sheet with formula!!!
4) Hit Enter!!

## Schedule Of Accounts Receivable

Name
Amount
Name1
50.00
Name2
601.00
Name3
845.00
Name4
32.00
Name5
155.00
Name6
45.00
Name7
87.00
Name8
22.00
Total AR
1837.00
Check to See If In
Balance

Check to See If In
Balance

FALSE

Highline Excel 2013 Class Video 07: Worksheet References, Workbook Refe

Sheet Reference:
1) Type equal sign
2) Click on sheet
3) click on cell on "clicked on sheet"
Don't click back on sheet with formula!!!
4) Hit Enter!!

## et References, Workbook References, 3-D Cell References

Controlling AR
Account
DR
CR
1682.00
154.00
1836.00

Workbook Reference:
1) Type equal sign
2) Click on Workbook
3) Click on sheet
4) click on cell on "clicked on sheet"
5) Hit Enter!!
Absolute Cell References are default, but you can change them.
You can update, change, open source or break link: Data Ribbon Tab, Connections group, Edit Links
Current Net Income
May Net Income
Change

1,269.00

June
Rev
E1
E2
E3
E4
E5
E6

\$10,000.00
\$500.00
\$654.00
\$85.00
\$958.00
\$6,522.00
\$12.00

Workbook Reference:
1) Type equal sign
2) Click on Workbook
3) Click on sheet
4) click on cell on "clicked on sheet"
5) Hit Enter!!
Absolute Cell References are default, but you can change them.
You can update, change, open source or break link: Data Ribbon Tab, Connections group, Edit Links
Current Net Income
May Net Income
Change

1,269.00
='Q:\[MayNetIncome.xlsx]May'!\$B\$2-SUM('Q:\[MayNetIncome.xlsx]May'!\$B\$3:\$B\$8)
='Q:\[MayNetIncome.xlsx]May'!\$B\$9
=B10-B11

June
Rev
E1
E2
E3
E4
E5
E6

\$10,000.00
\$500.00
\$654.00
\$85.00
\$958.00
\$6,522.00
\$12.00

Corporation Totals
Jan
Pro1
Pro2
Pro3
Pro4
Pro5
Pro6
Total

Feb

0
Jan

Mar

0
Feb

136

Apr

0
Mar

132

Total

0
Apr

95

111

0
0
0
0
0
0
0

3-D Reference
1) click on first sheet
2) Click on cell or range
3) HOLD SHIFT
4) Click on last sheet
5) Hit Enter

cell or range

## Corp (an)oration Totals

Jan
Pro1
Pro2
Pro3
Pro4
Pro5
Pro6
Total

Feb
31
12
33
18
18
24
136

Jan

Mar
25
29
15
33
22
8
132

Feb
136

Apr
14
21
17
10
27
6
95

Mar
132

Total
17
27
20
7
12
28
111

Apr
95

111

87
89
85
68
79
66
474

3-D Reference
1) click on first sheet
2) Click on cell or range
3) HOLD SHIFT
4) Click on last sheet
5) Hit Enter

cell or range

Oak Totals
Jan
Pro1
Pro2
Pro3
Pro4
Pro5
Pro6
Total

Feb
14
8
6
13
9
9
59

Mar
8
8
6
12
5
3
42

Apr
0
2
13
5
10
2
32

Total
1
11
7
2
1
12
34

23
29
32
32
25
26
167

Sea Totals
Jan
Pro1
Pro2
Pro3
Pro4
Pro5
Pro6
Total

Feb
9
0
13
1
3
3
29

Mar
3
8
7
13
12
0
43

Apr
14
13
2
3
10
2
44

Total
9
2
7
5
11
11
45

35
23
29
22
36
16
161

Tac Totals
Jan
Pro1
Pro2
Pro3
Pro4
Pro5
Pro6
Total

Feb
8
4
14
4
6
12
48

Mar
14
13
2
8
5
5
47

Apr
0
6
2
2
7
2
19

Total
7
14
6
0
0
5
32

29
37
24
14
18
24
146

## Excel Table feature:

Ctrl + T
("List" in Excel 2003 use Ctrl + L)
TableTools, Design Ribbon Tab, Properties group, Table Name: "NoSpacesInName"
Formatting
Sorting
Filtering
Total Row
Dynamic Expandable ranges for:
Formulas
Charts
Data Validation List
PivotTables
Table formula nomenclature (structured References):
Table names and field names in square brackets
When typing formula, list of field names & other elements from table show up in a drop-down list
Easy to read formulas
Can type formulas on different sheets
Dynamic ranges can use "typed out cell references" or Table Formaul Nomenclature
To lock a field you must use the syntax: [[Field]:[Field]]

Date
10/3/2013
10/3/2013
9/29/2013
9/29/2013
9/21/2013
9/21/2013

Racer
Isaac
Zaine
Isaac
Zaine
Isaac
Zaine

Class
7 Int
10 Expert
7 Int
10 Expert
7 Int
10 Expert

Track
SeaTac
SeaTac
Sumner
Sumner
SeaTac
SeaTac

## Time (sec) Fees

48.1
\$10.00
40.7
\$10.00
54.5
\$30.00
49.1
\$30.00
49.5
\$10.00
39.5
\$10.00

w up in a drop-down list

menclature

Place
3
2
4
1
2
3

Dog
Mandy
Mandy
Mandy
Mandy
Mandy
Fido
Fido
Fido
Fido

Date
Invoice Number
Category Amount
7/23/2013
10590 Food
\$36.80
7/23/2013
10590 Accessories
\$22.00
7/23/2013
10590 Accessories \$150.00
7/23/2013
10590 Boarding
\$320.00
7/23/2013
10590 Food
\$6.30
7/23/2013
10591 Food
\$17.80
7/23/2013
10591 Accessories
\$25.00
7/23/2013
10591 Accessories
\$32.50
7/23/2013
10591 Boarding
\$96.00

Dogs
Food
Fido
Fluffy
Gigi
Thomas
Wawa
Mandy
May Won

Accessories

Boarding

Date
10/3/2013
10/4/2013
10/5/2013
10/6/2013
10/7/2013
10/8/2013

Customer
Cus 1
Cus 2
Cus 2
Cus 1
Cus 1
Cus 3

Call length
18
5
16
4
9
7

Memo
text 1
text 2
text 3
text 4
text 5
text 6

## Excel Table feature:

Ctrl + T
("List" in Excel 2003 use Ctrl + L)
TableTools, Design Ribbon Tab, Properties group, Table Name: "NoSpacesInName"
Formatting
Sorting
Filtering
Total Row
Dynamic Expandable ranges for:
Formulas
Charts
Data Validation List
PivotTables
Table formula nomenclature (structured References):
Table names and field names in square brackets
When typing formula, list of field names & other elements from table show up in a drop-down list
Easy to read formulas
Can type formulas on different sheets
Dynamic ranges can use "typed out cell references" or Table Formaul Nomenclature
To lock a field you must use the syntax: [[Field]:[Field]]

Date
10/3/2013
10/3/2013
9/29/2013
9/29/2013
9/21/2013
9/21/2013

Racer
Isaac
Zaine
Isaac
Zaine
Isaac
Zaine

Class
7 Int
10 Expert
7 Int
10 Expert
7 Int
10 Expert

Track
SeaTac
SeaTac
Sumner
Sumner
SeaTac
SeaTac

## Time (sec) Fees

Place
48.1
\$10.00
40.7
\$10.00
54.5
\$30.00
49.1
\$30.00
49.5
\$10.00
39.5
\$10.00

Dog
Mandy
Mandy
Mandy
Mandy
Mandy
Fido
Fido
Fido
Fido

Date
Invoice Number
Category
Amount
7/23/2013
10590 Food
\$36.80
7/23/2013
10590 Accessories
\$22.00
7/23/2013
10590 Accessories
\$150.00
7/23/2013
10590 Boarding
\$320.00
7/23/2013
10590 Food
\$6.30
7/23/2013
10591 Food
\$17.80
7/23/2013
10591 Accessories
\$25.00
7/23/2013
10591 Accessories
\$32.50
7/23/2013
10591 Boarding
\$96.00

3
2
4
1
2
3

1) In the green cells find the problems with the formulas and fix it.
Sales
Expenses
Net Income

\$5,000.00
\$4,250.00
=B3-B4

Sales
Expenses
Net Income

\$5,000.00
\$4,250.00
=B7-B8

Sales
Expenses
Net Income

\$5,000.00
\$4,250.00
=B11-B12

1) In the green cells find the problems with the formulas and fix it.
Sales
Expenses
Net Income

\$5,000.00
\$4,250.00
\$750.00

Sales
Expenses
Net Income

\$5,000.00
\$4,250.00
\$750.00

Sales
Expenses
Net Income

\$5,000.00
\$4,250.00
\$750.00

## <<== Remove Text number formatting

1) In the green cells create a formula that will calculate the correct answer
Item
Number of Birch
Aircraft Plywood Sheet
Price per Birch Aircraft
Plywood Sheet
Subtotal
Annual Charge
Monthly Allocation
Employee 1
Employee 2
Employee 3
Employee 4
Average

## Birch Aircraft Plywood Sheet

15

\$125.00

\$598,258.00

\$12,913.00
\$6,280.00
\$12,830.00
\$12,974.00

1) In the green cells create a formula that will calculate the correct answer
Item
Number of Birch
Aircraft Plywood Sheet
Price per Birch Aircraft
Plywood Sheet
Subtotal
Annual Charge
Monthly Allocation
Employee 1
Employee 2
Employee 3
Employee 4
Average

15

\$125.00
\$1,875.00
\$598,258.00
\$49,854.83
\$12,913.00
\$6,280.00
\$12,830.00
\$12,974.00
\$11,249.25

## 1) If Revenue was \$528,050.00, Administrative Expense was \$65,874.00, Operational

Expense was \$350,200.00, and Other Expense was \$58,500.00, list the revenue and
expenses and calculate Net Income without calculating total expenses in a separate cell.
Then format the report nicely.

## 1) If Revenue was \$528,050.00, Administrative Expense was \$65,874.00,

Operational Expense was \$350,200.00, and Other Expense was \$58,500.00, list
the revenue and expenses and calculate Net Income without calculating total
expenses in a separate cell. Then format the report nicely.

Revenue

528,050.00

Administrative Expense
Operational Expense
Other Expense
Net Income

\$
\$
\$
\$

65,874.00
350,200.00
58,500.00
53,476.00

## 1) Calculate the balances for the DR and CR columns in cells A7

and B7. Then in cell B9 create a Logical Formula that will tell you
whether the two columns are in balance or not.
DR

CR
22.10
5528.98
50.01
5528.98
50.01
22.10
5601.09

In Balance?

5601.09
FALSE

## 1) Calculate the balances for the DR and CR columns in

cells A7 and B7. Then in cell B9 create a Logical Formula
that will tell you whether the two columns are in
balance or not.
DR

CR
22.10
5528.98
50.01
5528.98
50.01
22.10
5601.09

## <<== actual number in cell = 22.1005

<<== actual number in cell = 5528.980000009
<<== actual number in cell = 50.01
<<== actual number in cell = 5528.98
<<== actual number in cell = 50.011
<<== actual number in cell = 22.1

5601.09

In Balance?

FALSE

DR

CR
22.10
5528.98
50.01
5528.98
50.01
22.10
5601.09

In Balance?

5601.09
TRUE

## <<== actual number in cell = 22.1

<<== actual number in cell = 5528.98
<<== actual number in cell = 50.01
<<== actual number in cell = 5528.98
<<== actual number in cell = 50.01
<<== actual number in cell = 22.1

## 1) In cell C6 create a calculating formula that will calculate the sum of

sales greater than or equal to \$25. In cell C5 create a text formula for
your calculation.
Sales

Hurdle
\$40.00
\$21.00
\$42.00
\$12.00
\$33.00
\$31.00
\$41.00
\$48.00
\$47.00
\$25.00
\$25.00
\$20.00

\$25.00

## 1) In cell C6 create a calculating formula that will calculate the sum of

sales greater than or equal to \$25. In cell C5 create a text formula for
your calculation.
Sales

Hurdle
\$40.00

\$21.00
\$42.00
\$12.00
\$33.00
\$31.00
\$41.00
\$48.00
\$47.00
\$25.00
\$25.00
\$20.00

\$25.00
Total Sales Greater
Than Or Equal To
\$25.00
\$332.00
or this formula:
\$332.00

1) In the range E5:E8 create a formula that can add the two
smallest scores. (Instead of LARGE function, use the SMALL
function).
Boomerang Fast Catch Score Sheet
Thrower
Throw 1
Throw 2
Throw 3
Daniel
18.25
21.5
Richard
69.43
18
Matt
27.49
16.2
Stevie
20.55

## SUM of Lowest Two

43.69
21.75
31.5
19.21

1) In the range E5:E8 create a formula that can add the two
smallest scores. (Instead of LARGE function, use the SMALL
function).
Boomerang Fast Catch Score Sheet
Thrower
Throw 1
Throw 2
Throw 3
Daniel
18.25
21.5
Richard
69.43
18
Matt
27.49
16.2
Stevie
20.55

43.69
21.75
31.5
19.21

## SUM of Lowest Two

39.75
39.75
43.69
39.76

1) In the green cell create a formula that will calculate the correct answer.

Count Employees

Employees
Ericka Furry
Julio Wildt
Clinton Newbill
Kathrine Crosier
Clinton Earlywine
Allie Campisi
Jamie Going
Tabatha Benavente
Neil Torre
Lonnie Priestly
Jami Drago
Earnestine Bevan
Lilia Crown
Kurt Lawrie
Clinton Hilchey
Mathew Goyette
Jessie Dykema
Katy Nedeau
Jessie Hyndman
Darryl Oehler
Kurt Horiuchi
Darren Delange
Kurt Papenfuss
Kathrine Vales
Earnestine Brummond
Tyrone Swords
Elinor Gladson
Malinda Tack

## Count How many

Numbers are in Phone
Call Field (Column)

Phone Calls
26
35
21
32
25
25
43
32
30
40
38
38
38
35
24
24
24
22
39
41
35
29
22
23
35
31
35
22
28

1) In the green cell create a formula that will calculate the correct answer.
Count How many
Numbers are in Phone
Call Field (Column)

Count Employees
28
Employees
Ericka Furry
Julio Wildt
Clinton Newbill
Kathrine Crosier
Clinton Earlywine
Allie Campisi
Jamie Going
Tabatha Benavente
Neil Torre
Lonnie Priestly
Jami Drago
Earnestine Bevan
Lilia Crown
Kurt Lawrie
Clinton Hilchey
Mathew Goyette
Jessie Dykema
Katy Nedeau
Jessie Hyndman
Darryl Oehler
Kurt Horiuchi
Darren Delange
Kurt Papenfuss
Kathrine Vales
Earnestine Brummond
Tyrone Swords
Elinor Gladson
Malinda Tack

29
Phone Calls
26
35
21
32
25
25
43
32
30
40
38
38
38
35
24
24
24
22
39
41
35
29
22
23
35
31
35
22
28

## COUNTA counts non-empty

cells (in our case words)
COUNT counts numbers

1) In the green cells create a formulas that will calculate the correct answer.
Time In
Time Out
Hours worked

8:00 AM
5:30 PM

Time In
Time Out
Time In
Time Out
Hours Worked
Wage
Gross Pay

8:00 AM
11:30 AM
2:00 PM
7:30 PM
\$21.25

1) In the green cells create a formulas that will calculate the correct answer.
Time In
Time Out
Hours worked

8:00 AM
5:30 PM
9.5

Time In
Time Out
Time In
Time Out
Hours Worked
Wage
Gross Pay

8:00 AM
11:30 AM
2:00 PM
7:30 PM
9
\$21.25
\$191.25

1) In the range D4:D12 create formulas that will calculate the number
of days past due each invoice is. Then in cell D14 calculate the average
number of days late that an invoice is late.
Invoice Number Due Date
Paid Date
Days Past Due
12550
2/13/2011
3/7/2011
12551
2/13/2011
3/8/2011
12552
2/13/2011
4/13/2011
12553
2/14/2011
4/19/2011
12554
2/15/2011
2/20/2011
12555
2/15/2011
3/19/2011
12556
2/19/2011
5/27/2011
12557
2/20/2011
3/20/2011
12558
2/21/2011
3/2/2011
Average Days Late

1) In the range D4:D12 create formulas that will calculate the number
of days past due each invoice is. Then in cell D14 calculate the average
number of days late that an invoice is late.
Invoice Number Due Date
Paid Date
Days Past Due
12550
2/13/2011
3/7/2011
22
12551
2/13/2011
3/8/2011
23
12552
2/13/2011
4/13/2011
59
12553
2/14/2011
4/19/2011
64
12554
2/15/2011
2/20/2011
5
12555
2/15/2011
3/19/2011
32
12556
2/19/2011
5/27/2011
97
12557
2/20/2011
3/20/2011
28
12558
2/21/2011
3/2/2011
9
Average Days Late

37.66666667

COGS.
Beg Qty

End Qty
10
100
250
45
69
10

Value Each
3
37
241
41
43
10

\$5
\$15
\$22
\$16
\$50
\$5

COGS

## 1) In the range D4:D9, create the formulas that will calculate

COGS.
Beg Qty

End Qty
10
100
250
45
69
10

Value Each
3
37
241
41
43
10

\$5
\$15
\$22
\$16
\$50
\$5

COGS
\$35.00
\$945.00
\$198.00
\$64.00
\$1,300.00
\$0.00

1) In the range E4:E14 create the formulas for Gross Pay. If the
Number Formatting shows up as Time, change it to Currency.

Employee
Employee 1
Employee 2
Employee 3
Employee 4
Employee 5
Your Name
Employee 7
Employee 8
Employee 9
Employee 10
Employee 11

Hourly Wage
Time In
Time Out
\$14.00
11:00 AM
9:00 PM
\$25.00
8:00 AM
3:00 PM
\$25.00
8:00 AM
3:00 PM
\$15.00
10:00 AM
6:00 PM
\$21.00
10:00 AM
8:00 PM
\$29.00
10:00 AM
5:00 PM
\$22.00
8:00 AM
4:00 PM
\$21.00
10:00 AM
6:00 PM
\$19.00
8:00 AM
4:00 PM
\$16.00
9:00 AM
6:00 PM
\$21.00
10:00 AM
6:00 PM

Gross Pay
Wage*HoursWorked

1) In the range E4:E14 create the formulas for Gross Pay. If the
Number Formatting shows up as Time, change it to Currency.

Employee
Employee 1
Employee 2
Employee 3
Employee 4
Employee 5
Your Name
Employee 7
Employee 8
Employee 9
Employee 10
Employee 11

Hourly Wage
Time In
Time Out
\$14.00
11:00 AM
9:00 PM
\$25.00
8:00 AM
3:00 PM
\$25.00
8:00 AM
3:00 PM
\$15.00
10:00 AM
6:00 PM
\$21.00
10:00 AM
8:00 PM
\$29.00
10:00 AM
5:00 PM
\$22.00
8:00 AM
4:00 PM
\$21.00
10:00 AM
6:00 PM
\$19.00
8:00 AM
4:00 PM
\$16.00
9:00 AM
6:00 PM
\$21.00
10:00 AM
6:00 PM

Gross Pay
Wage*HoursWorked
\$140.00
\$175.00
\$175.00
\$120.00
\$210.00
\$203.00
\$176.00
\$168.00
\$152.00
\$144.00
\$168.00

## 1) Using the spreadsheet create the labels and formulas to

calculate your Gross Pay if you worked from 7:30 AM to 11:30
AM, then from 2:00 PM to 5:30 PM and your hourly wage is
\$27.00.

## 1) Using the spreadsheet create the labels and formulas to

calculate your Gross Pay if you worked from 7:30 AM to 11:30
AM, then from 2:00 PM to 5:30 PM and your hourly wage is
\$27.00.
Time In
Time Out
Time In
Time Out
Wage
Gross Pay

7:30 AM
11:30 AM
2:00 PM
5:30 PM
\$27.00
\$202.50

1) Cell C5 has the formula for calculating Retail Selling Price based
on Margin. Put the formula in cell C5 in edit mode and add the
correct dollar signs to the cell references to enable you to copy the
formula through the range C5:E10.
2) Create a formula in cell F5 that can be copied through the range
F5:H10 that will increased each price in the range C5:E10 by 10%.
Retail Selling Price by Margin
Cost

\$598.00
\$85.00
\$152.00
\$99.00
\$575.00
\$25.00

Items
Sofa
Head Lamp
Table
Chair
Dining Set
Picture

45%
\$1,087.27

Assumption Table
Increase in Price
Retail Selling
Price by Margin
Starting Point
Increment

1.05

45%
5.0%

50%

## 55% New Price

New Price

New Price

1) Cell C5 has the formula for calculating Retail Selling Price based
on Margin. Put the formula in cell C5 in edit mode and add the
correct dollar signs to the cell references to enable you to copy the
formula through the range C5:E10.
2) Create a formula in cell F5 that can be copied through the range
F5:H10 that will increased each price in the range C5:E10 by 10%.
Retail Selling Price by Margin
Cost

\$598.00
\$85.00
\$152.00
\$99.00
\$575.00
\$25.00

Items
Sofa
Head Lamp
Table
Chair
Dining Set
Picture

45%
\$1,087.27
154.55
276.36
180.00
1,045.45
45.45

Assumption Table
Increase in Price
Retail Selling
Price by Margin
Starting Point
Increment

1.1

45%
5.0%

50%
\$1,196.00
170.00
304.00
198.00
1,150.00
50.00

## 55% New Price New Price

\$1,328.89 \$1,196.00 \$1,315.60
188.89
\$170.00
\$187.00
337.78
\$304.00
\$334.40
220.00
\$198.00
\$217.80
1,277.78 \$1,150.00 \$1,265.00
55.56
\$50.00
\$55.00

New Price
\$1,461.78
\$207.78
\$371.56
\$242.00
\$1,405.56
\$61.11

1) Create a formula in cell B8 that can be copied through the range B8:K8
that will calculate the commission earned for each SalesRep.
Commission Rate
0.05
SalesRep
Sales
Earned Commission

Abraham
Hironobu
Daniel
Dante
Sarah B
\$11,682.00
\$20,880.00
\$12,176.00 \$12,695.00 \$19,679.00

Tonya
Janita
Debra
Tiara
Andrea
\$16,243.00 \$11,976.00 \$17,839.00 \$24,591.00 \$24,545.00

1) Create a formula in cell B8 that can be copied through the range B8:K8
that will calculate the commission earned for each SalesRep.
Commission Rate
0.05
SalesRep
Sales
Earned Commission

Abraham
Hironobu
Daniel
Dante
Sarah B
\$11,682.00
\$20,880.00
\$12,176.00 \$12,695.00 \$19,679.00
\$584.10
\$1,044.00
\$608.80
\$634.75
\$983.95

Tonya
Janita
Debra
Tiara
Andrea
\$16,243.00 \$11,976.00 \$17,839.00 \$24,591.00 \$24,545.00
\$812.15
\$598.80
\$891.95
\$1,229.55
\$1,227.25

1) In the range B4 to B8, create a formula that will add the COGS
for each product.
2) Create a PivotTable on this sheet (Existing Location cell = K3)
that adds the COGS for each product.
3) Format the Formula Table and the PivotTable so that it looks
good.
Product
Sunshine
Carlota
Sunset
Quad
Bellen

Total COGS

Date

Product
Sunshine
Sunshine
Sunshine
Carlota
Sunset
Quad
Quad
Quad
Quad
Sunset
Quad
Carlota
Sunshine
Carlota
Quad
Sunshine
Sunshine
Sunshine
Carlota
Quad
Bellen
Sunshine
Sunset
Quad
Quad
Sunshine
Sunset
Carlota
Quad
Bellen

1/13/11
1/15/11
1/25/11
1/3/11
1/27/11
1/14/11
1/8/11
1/16/11
1/7/11
1/15/11
1/20/11
1/27/11
1/8/11
1/20/11
1/5/11
1/12/11
1/4/11
1/28/11
1/4/11
1/18/11
1/21/11
1/1/11
1/23/11
1/25/11
1/19/11
1/29/11
1/29/11
1/22/11
1/30/11
1/18/11

Region
East
MidWest
West
MidWest
MidWest
MidWest
MidWest
East
East
East
South
MidWest
East
MidWest
East
West
East
South
East
East
East
West
East
MidWest
West
MidWest
South
West
East
West

SalesRep
Franks
Sioux
Franks
Chin
Franks
Smith
Franks
Pham
Sioux
Chin
Pham
Sioux
Gault
Chin
Pham
Chin
Pham
Smith
Chin
Sioux
Chin
Pham
Chin
Franks
Smith
Gault
Gault
Chin
Franks
Chin

Customer
KBTB
MNGD
JAQ
FRED
WFMI
TTT
ET
FM
EPP
FRED
T
LOP
PSA
T
AST
EPP
SFWK
KBTB
WSD
WFMI
QT
TTT
DFR
EPP
HII
SFWK
ITW
KBTB
HII
MNGD

Units
58
17
59
55
44
61
50
59
36
14
38
63
9
65
35
37
55
33
28
10
30
26
6
41
26
45
15
65
14
56

Sales
\$1,102.00
\$323.00
\$1,121.00
\$1,265.00
\$924.00
\$1,647.00
\$1,350.00
\$1,593.00
\$972.00
\$294.00
\$1,026.00
\$1,449.00
\$171.00
\$1,495.00
\$945.00
\$703.00
\$1,045.00
\$627.00
\$644.00
\$270.00
\$660.00
\$494.00
\$126.00
\$1,107.00
\$702.00
\$855.00
\$315.00
\$1,495.00
\$378.00
\$1,232.00

1/1/11
1/18/11
1/21/11
1/12/11
1/16/11
1/5/11
1/30/11
1/15/11
1/30/11
1/16/11
1/24/11
1/26/11
1/11/11
1/6/11
1/9/11
1/16/11
1/12/11
1/14/11
1/2/11
1/10/11
1/28/11
1/11/11
1/3/11
1/15/11
1/14/11
1/28/11
1/4/11
1/13/11
1/12/11
1/24/11
1/14/11
1/6/11
1/19/11
1/27/11
1/21/11
1/4/11
1/4/11
1/27/11
1/19/11
1/11/11
1/1/11
1/5/11
1/15/11
1/23/11
1/7/11
1/16/11
1/19/11

Sunshine
Quad
Quad
Carlota
Quad
Carlota
Bellen
Quad
Quad
Sunshine
Sunset
Carlota
Sunset
Bellen
Bellen
Quad
Quad
Carlota
Sunshine
Carlota
Sunset
Sunset
Bellen
Bellen
Carlota
Quad
Quad
Carlota
Sunshine
Bellen
Sunshine
Sunset
Carlota
Sunshine
Carlota
Sunshine
Quad
Bellen
Sunshine
Bellen
Carlota
Sunshine
Carlota
Carlota
Carlota
Carlota
Bellen

West
West
MidWest
MidWest
West
South
West
East
MidWest
East
MidWest
South
South
MidWest
East
East
West
MidWest
West
East
MidWest
South
South
MidWest
West
MidWest
East
South
West
MidWest
West
MidWest
South
East
West
West
MidWest
West
South
East
MidWest
West
West
West
South
South
South

Franks
Smith
Sioux
Chin
Chin
Franks
Franks
Gault
Gault
Gault
Franks
Smith
Gault
Smith
Smith
Sioux
Franks
Sioux
Franks
Chin
Sioux
Franks
Chin
Pham
Franks
Smith
Sioux
Chin
Pham
Franks
Sioux
Chin
Pham
Franks
Pham
Pham
Franks
Smith
Pham
Franks
Franks
Sioux
Smith
Pham
Chin
Sioux
Pham

FM
AA
KBTB
WT
PCC
FM
ZAT
WT
EPP
WSD
WSD
TTT
MBG
TRU
EPP
PLOT
EPP
TRU
BBT
TTT
QT
TTT
TTT
LOP
ET
DFGH
MBG
AA
WFMI
EPP
FM
DFR
GRR
ITW
WSD
FM
TRU
TRU
ITW
MNGD
JAQ
WT
TTT
ET
JAQ
ZAT
TTT

11
40
58
40
40
11
17
19
15
57
17
31
28
11
20
8
34
34
16
32
61
59
30
22
6
16
19
30
62
25
13
24
51
23
41
11
19
62
48
34
37
50
51
32
22
33
18

\$209.00
\$1,080.00
\$1,566.00
\$920.00
\$1,080.00
\$253.00
\$374.00
\$513.00
\$405.00
\$1,083.00
\$357.00
\$713.00
\$588.00
\$242.00
\$440.00
\$216.00
\$918.00
\$782.00
\$304.00
\$736.00
\$1,281.00
\$1,239.00
\$660.00
\$484.00
\$138.00
\$432.00
\$513.00
\$690.00
\$1,178.00
\$550.00
\$247.00
\$504.00
\$1,173.00
\$437.00
\$943.00
\$209.00
\$513.00
\$1,364.00
\$912.00
\$748.00
\$851.00
\$950.00
\$1,173.00
\$736.00
\$506.00
\$759.00
\$396.00

1/28/11
1/16/11
1/15/11
1/27/11
1/28/11
1/28/11
1/15/11
1/14/11
1/19/11
1/29/11
1/17/11
1/30/11
1/16/11
1/19/11
1/5/11
1/18/11
1/8/11
1/10/11
1/5/11
1/15/11
1/17/11
1/26/11
1/11/11
1/4/11
1/21/11
1/22/11
1/10/11
1/12/11

Sunshine
Sunshine
Sunshine
Bellen
Bellen
Bellen
Sunset
Quad
Sunset
Sunset
Quad
Sunshine
Sunset
Sunset
Carlota
Carlota
Sunshine
Quad
Bellen
Quad
Quad
Sunshine
Sunset
Quad
Carlota
Sunset
Sunshine
Sunset

East
South
MidWest
East
South
West
MidWest
South
MidWest
West
East
MidWest
MidWest
West
South
East
South
MidWest
East
West
West
MidWest
South
South
MidWest
West
East
South

Sioux
Chin
Pham
Franks
Sioux
Chin
Franks
Pham
Smith
Smith
Franks
Franks
Pham
Gault
Sioux
Chin
Sioux
Sioux
Gault
Chin
Chin
Smith
Smith
Sioux
Chin
Franks
Franks
Franks

QT
T
DFGH
TTT
WT
KPSA
FM
AA
DDH
TTT
SFWK
LOP
JAQ
QT
WSD
TRU
ZAT
KPSA
WSD
MBG
HII
TRU
HII
ET
BBT
AA
JAQ
QT

17
14
54
56
47
65
56
64
63
25
15
42
31
32
34
50
53
27
23
12
50
49
17
12
53
41
8
47

\$323.00
\$266.00
\$1,026.00
\$1,232.00
\$1,034.00
\$1,430.00
\$1,176.00
\$1,728.00
\$1,323.00
\$525.00
\$405.00
\$798.00
\$651.00
\$672.00
\$782.00
\$1,150.00
\$1,007.00
\$729.00
\$506.00
\$324.00
\$1,350.00
\$931.00
\$357.00
\$324.00
\$1,219.00
\$861.00
\$152.00
\$987.00

COGS
\$464.00
\$136.00
\$472.00
\$605.00
\$407.00
\$884.50
\$725.00
\$855.50
\$522.00
\$129.50
\$551.00
\$693.00
\$72.00
\$715.00
\$507.50
\$296.00
\$440.00
\$264.00
\$308.00
\$145.00
\$300.00
\$208.00
\$55.50
\$594.50
\$377.00
\$360.00
\$138.75
\$715.00
\$203.00
\$560.00

\$88.00
\$580.00
\$841.00
\$440.00
\$580.00
\$121.00
\$170.00
\$275.50
\$217.50
\$456.00
\$157.25
\$341.00
\$259.00
\$110.00
\$200.00
\$116.00
\$493.00
\$374.00
\$128.00
\$352.00
\$564.25
\$545.75
\$300.00
\$220.00
\$66.00
\$232.00
\$275.50
\$330.00
\$496.00
\$250.00
\$104.00
\$222.00
\$561.00
\$184.00
\$451.00
\$88.00
\$275.50
\$620.00
\$384.00
\$340.00
\$407.00
\$400.00
\$561.00
\$352.00
\$242.00
\$363.00
\$180.00

\$136.00
\$112.00
\$432.00
\$560.00
\$470.00
\$650.00
\$518.00
\$928.00
\$582.75
\$231.25
\$217.50
\$336.00
\$286.75
\$296.00
\$374.00
\$550.00
\$424.00
\$391.50
\$230.00
\$174.00
\$725.00
\$392.00
\$157.25
\$174.00
\$583.00
\$379.25
\$64.00
\$434.75

1) In the range B4 to B8, create a formula that will add the COGS
for each product.
2) Create a PivotTable on this sheet (Existing Location cell = K3)
that adds the COGS for each product.
3) Format the Formula Table and the PivotTable so that it looks
good.
Product
Bellen
Carlota
Quad
Sunset
Sunshine
Total

Total COGS
\$5,160.00
\$9,504.00
\$11,861.00
\$5,365.00
\$6,936.00
\$38,826.00

Date

Product
Sunshine
Sunshine
Sunshine
Carlota
Sunset
Quad
Quad
Quad
Quad
Sunset
Quad
Carlota
Sunshine
Carlota
Quad
Sunshine
Sunshine
Sunshine
Carlota
Quad
Bellen
Sunshine
Sunset
Quad
Quad
Sunshine
Sunset
Carlota
Quad
Bellen

1/13/11
1/15/11
1/25/11
1/3/11
1/27/11
1/14/11
1/8/11
1/16/11
1/7/11
1/15/11
1/20/11
1/27/11
1/8/11
1/20/11
1/5/11
1/12/11
1/4/11
1/28/11
1/4/11
1/18/11
1/21/11
1/1/11
1/23/11
1/25/11
1/19/11
1/29/11
1/29/11
1/22/11
1/30/11
1/18/11

Region
East
MidWest
West
MidWest
MidWest
MidWest
MidWest
East
East
East
South
MidWest
East
MidWest
East
West
East
South
East
East
East
West
East
MidWest
West
MidWest
South
West
East
West

SalesRep
Franks
Sioux
Franks
Chin
Franks
Smith
Franks
Pham
Sioux
Chin
Pham
Sioux
Gault
Chin
Pham
Chin
Pham
Smith
Chin
Sioux
Chin
Pham
Chin
Franks
Smith
Gault
Gault
Chin
Franks
Chin

Customer
KBTB
MNGD
JAQ
FRED
WFMI
TTT
ET
FM
EPP
FRED
T
LOP
PSA
T
AST
EPP
SFWK
KBTB
WSD
WFMI
QT
TTT
DFR
EPP
HII
SFWK
ITW
KBTB
HII
MNGD

Units
58
17
59
55
44
61
50
59
36
14
38
63
9
65
35
37
55
33
28
10
30
26
6
41
26
45
15
65
14
56

Sales
\$1,102.00
\$323.00
\$1,121.00
\$1,265.00
\$924.00
\$1,647.00
\$1,350.00
\$1,593.00
\$972.00
\$294.00
\$1,026.00
\$1,449.00
\$171.00
\$1,495.00
\$945.00
\$703.00
\$1,045.00
\$627.00
\$644.00
\$270.00
\$660.00
\$494.00
\$126.00
\$1,107.00
\$702.00
\$855.00
\$315.00
\$1,495.00
\$378.00
\$1,232.00

1/1/11
1/18/11
1/21/11
1/12/11
1/16/11
1/5/11
1/30/11
1/15/11
1/30/11
1/16/11
1/24/11
1/26/11
1/11/11
1/6/11
1/9/11
1/16/11
1/12/11
1/14/11
1/2/11
1/10/11
1/28/11
1/11/11
1/3/11
1/15/11
1/14/11
1/28/11
1/4/11
1/13/11
1/12/11
1/24/11
1/14/11
1/6/11
1/19/11
1/27/11
1/21/11
1/4/11
1/4/11
1/27/11
1/19/11
1/11/11
1/1/11
1/5/11
1/15/11
1/23/11
1/7/11
1/16/11
1/19/11

Sunshine
Quad
Quad
Carlota
Quad
Carlota
Bellen
Quad
Quad
Sunshine
Sunset
Carlota
Sunset
Bellen
Bellen
Quad
Quad
Carlota
Sunshine
Carlota
Sunset
Sunset
Bellen
Bellen
Carlota
Quad
Quad
Carlota
Sunshine
Bellen
Sunshine
Sunset
Carlota
Sunshine
Carlota
Sunshine
Quad
Bellen
Sunshine
Bellen
Carlota
Sunshine
Carlota
Carlota
Carlota
Carlota
Bellen

West
West
MidWest
MidWest
West
South
West
East
MidWest
East
MidWest
South
South
MidWest
East
East
West
MidWest
West
East
MidWest
South
South
MidWest
West
MidWest
East
South
West
MidWest
West
MidWest
South
East
West
West
MidWest
West
South
East
MidWest
West
West
West
South
South
South

Franks
Smith
Sioux
Chin
Chin
Franks
Franks
Gault
Gault
Gault
Franks
Smith
Gault
Smith
Smith
Sioux
Franks
Sioux
Franks
Chin
Sioux
Franks
Chin
Pham
Franks
Smith
Sioux
Chin
Pham
Franks
Sioux
Chin
Pham
Franks
Pham
Pham
Franks
Smith
Pham
Franks
Franks
Sioux
Smith
Pham
Chin
Sioux
Pham

FM
AA
KBTB
WT
PCC
FM
ZAT
WT
EPP
WSD
WSD
TTT
MBG
TRU
EPP
PLOT
EPP
TRU
BBT
TTT
QT
TTT
TTT
LOP
ET
DFGH
MBG
AA
WFMI
EPP
FM
DFR
GRR
ITW
WSD
FM
TRU
TRU
ITW
MNGD
JAQ
WT
TTT
ET
JAQ
ZAT
TTT

11
40
58
40
40
11
17
19
15
57
17
31
28
11
20
8
34
34
16
32
61
59
30
22
6
16
19
30
62
25
13
24
51
23
41
11
19
62
48
34
37
50
51
32
22
33
18

\$209.00
\$1,080.00
\$1,566.00
\$920.00
\$1,080.00
\$253.00
\$374.00
\$513.00
\$405.00
\$1,083.00
\$357.00
\$713.00
\$588.00
\$242.00
\$440.00
\$216.00
\$918.00
\$782.00
\$304.00
\$736.00
\$1,281.00
\$1,239.00
\$660.00
\$484.00
\$138.00
\$432.00
\$513.00
\$690.00
\$1,178.00
\$550.00
\$247.00
\$504.00
\$1,173.00
\$437.00
\$943.00
\$209.00
\$513.00
\$1,364.00
\$912.00
\$748.00
\$851.00
\$950.00
\$1,173.00
\$736.00
\$506.00
\$759.00
\$396.00

1/28/11
1/16/11
1/15/11
1/27/11
1/28/11
1/28/11
1/15/11
1/14/11
1/19/11
1/29/11
1/17/11
1/30/11
1/16/11
1/19/11
1/5/11
1/18/11
1/8/11
1/10/11
1/5/11
1/15/11
1/17/11
1/26/11
1/11/11
1/4/11
1/21/11
1/22/11
1/10/11
1/12/11

Sunshine
Sunshine
Sunshine
Bellen
Bellen
Bellen
Sunset
Quad
Sunset
Sunset
Quad
Sunshine
Sunset
Sunset
Carlota
Carlota
Sunshine
Quad
Bellen
Quad
Quad
Sunshine
Sunset
Quad
Carlota
Sunset
Sunshine
Sunset

East
South
MidWest
East
South
West
MidWest
South
MidWest
West
East
MidWest
MidWest
West
South
East
South
MidWest
East
West
West
MidWest
South
South
MidWest
West
East
South

Sioux
Chin
Pham
Franks
Sioux
Chin
Franks
Pham
Smith
Smith
Franks
Franks
Pham
Gault
Sioux
Chin
Sioux
Sioux
Gault
Chin
Chin
Smith
Smith
Sioux
Chin
Franks
Franks
Franks

QT
T
DFGH
TTT
WT
KPSA
FM
AA
DDH
TTT
SFWK
LOP
JAQ
QT
WSD
TRU
ZAT
KPSA
WSD
MBG
HII
TRU
HII
ET
BBT
AA
JAQ
QT

17
14
54
56
47
65
56
64
63
25
15
42
31
32
34
50
53
27
23
12
50
49
17
12
53
41
8
47

\$323.00
\$266.00
\$1,026.00
\$1,232.00
\$1,034.00
\$1,430.00
\$1,176.00
\$1,728.00
\$1,323.00
\$525.00
\$405.00
\$798.00
\$651.00
\$672.00
\$782.00
\$1,150.00
\$1,007.00
\$729.00
\$506.00
\$324.00
\$1,350.00
\$931.00
\$357.00
\$324.00
\$1,219.00
\$861.00
\$152.00
\$987.00

Product
Sum of COGS
Bellen
\$5,160.00
Carlota
\$9,504.00
Quad
\$11,861.00
Sunset
\$5,365.00
Sunshine
\$6,936.00
Grand Total
\$38,826.00

COGS
\$464.00
\$136.00
\$472.00
\$605.00
\$407.00
\$884.50
\$725.00
\$855.50
\$522.00
\$129.50
\$551.00
\$693.00
\$72.00
\$715.00
\$507.50
\$296.00
\$440.00
\$264.00
\$308.00
\$145.00
\$300.00
\$208.00
\$55.50
\$594.50
\$377.00
\$360.00
\$138.75
\$715.00
\$203.00
\$560.00

\$88.00
\$580.00
\$841.00
\$440.00
\$580.00
\$121.00
\$170.00
\$275.50
\$217.50
\$456.00
\$157.25
\$341.00
\$259.00
\$110.00
\$200.00
\$116.00
\$493.00
\$374.00
\$128.00
\$352.00
\$564.25
\$545.75
\$300.00
\$220.00
\$66.00
\$232.00
\$275.50
\$330.00
\$496.00
\$250.00
\$104.00
\$222.00
\$561.00
\$184.00
\$451.00
\$88.00
\$275.50
\$620.00
\$384.00
\$340.00
\$407.00
\$400.00
\$561.00
\$352.00
\$242.00
\$363.00
\$180.00

\$136.00
\$112.00
\$432.00
\$560.00
\$470.00
\$650.00
\$518.00
\$928.00
\$582.75
\$231.25
\$217.50
\$336.00
\$286.75
\$296.00
\$374.00
\$550.00
\$424.00
\$391.50
\$230.00
\$174.00
\$725.00
\$392.00
\$157.25
\$174.00
\$583.00
\$379.25
\$64.00
\$434.75

In the green cells create a formula that calculates the expenses as a percent of Income.
Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep

Expense 1
10%
Expense 2
5%
Expense 3
12%
Expense 4
5%
Expense 5
21%
Expense 6
4%
Expense 7
3%

Income
Expense 1
\$5,000.00
\$6,000.00
\$7,500.00
\$8,000.00
\$8,000.00
\$8,000.00
\$10,000.00
\$11,000.00
\$15,000.00

Expense 1

Expense 2

Expense 3

Expense 4

## Assumptions (Formula Inpu

Expense 2 Expense 3 Expense 4
10%
5%
12%
5%

Expense 5

Expense 6

Expense 7

Expense 5

Expense 6

Expense 7

21%

4%

3%

In the green cells create a formula that calculates the expenses as a percent of Income.
Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep

## Assumptions (Formula Inputs)

Expense 1
10%
Expense 2
5%
Expense 3
12%
Expense 4
5%
Expense 5
21%
Expense 6
4%
Expense 7
3%

Income
Expense 1
Expense 2 Expense 3 Expense 4
\$5,000.00
\$500.00
\$250.00
\$600.00
\$225.00
\$6,000.00
\$600.00
\$300.00
\$720.00
\$270.00
\$7,500.00
\$750.00
\$375.00
\$900.00
\$337.50
\$8,000.00
\$800.00
\$400.00
\$960.00
\$360.00
\$8,000.00
\$800.00
\$400.00
\$960.00
\$360.00
\$8,000.00
\$800.00
\$400.00
\$960.00
\$360.00
\$10,000.00
\$1,000.00
\$500.00 \$1,200.00
\$450.00
\$11,000.00
\$1,100.00
\$550.00 \$1,320.00
\$495.00
\$15,000.00
\$1,500.00
\$750.00 \$1,800.00
\$675.00

Expense 1

## Assumptions (Formula Inpu

Expense 2 Expense 3 Expense 4
10%
5%
12%
5%

Expense 5
Expense 6
Expense 7
\$1,050.00
\$200.00
\$150.00
\$1,260.00
\$240.00
\$180.00
\$1,575.00
\$300.00
\$225.00
\$1,680.00
\$320.00
\$240.00
\$1,680.00
\$320.00
\$240.00
\$1,680.00
\$320.00
\$240.00
\$2,100.00
\$400.00
\$300.00
\$2,310.00
\$440.00
\$330.00
\$3,150.00
\$600.00
\$450.00

Expense 5

Expense 6
21%

Expense 7
4%

3%

1) Create the formulas to complete the Projected Net Income Statement. Before you start creating
formulas, analyze the setup and make adjustments if necessary to be efficient.
Jan
Sales
Ex1
Ex2
Ex3
Ex4
Ex5
Ex6
Ex7
Ex8
Ex9
Ex10
Ex11
Total Ex
Net Income
Ex1

Feb
100

Ex2
3.00%

Mar
200

Ex3
4.00%

Apr
300

Ex4
5.00%

May
400

Ex5
6.00%

Jun
500

Ex6
7.00%

600

Ex7
8.00%

Ex8
Ex9
9.00%
10.00%
11.00%

Ex10
Ex11
12.00%
13.00%

1) Create the formulas to complete the Projected Net Income Statement. Before you start creating
formulas, analyze the setup and make adjustments if necessary to be efficient.
Jan
Feb
Sales
\$ 100.00 \$ 200.00
Ex1
3.00
6.00
Ex2
4.00
8.00
Ex3
5.00
10.00
Ex4
6.00
12.00
Ex5
7.00
14.00
Ex6
8.00
16.00
Ex7
9.00
18.00
Ex8
10.00
20.00
Ex9
11.00
22.00
Ex10
12.00
24.00
Ex11
13.00
26.00
Total Ex
\$ 88.00 \$ 176.00
Net Income \$ 12.00 \$ 24.00

Mar
\$ 300.00
9.00
12.00
15.00
18.00
21.00
24.00
27.00
30.00
33.00
36.00
39.00
\$ 264.00
\$ 36.00

Apr
\$ 400.00
12.00
16.00
20.00
24.00
28.00
32.00
36.00
40.00
44.00
48.00
52.00
\$ 352.00
\$ 48.00

May
\$ 500.00
15.00
20.00
25.00
30.00
35.00
40.00
45.00
50.00
55.00
60.00
65.00
\$ 440.00
\$ 60.00

Jun
\$ 600.00
18.00
24.00
30.00
36.00
42.00
48.00
54.00
60.00
66.00
72.00
78.00
\$ 528.00
\$ 72.00

Assumptions
Ex1
Ex2
Ex3
Ex4
Ex5
Ex6
Ex7
Ex8
Ex9
Ex10
Ex11

Assumptions
3.00%
4.00%
5.00%
6.00%
7.00%
8.00%
9.00%
10.00%
11.00%
12.00%
13.00%
88.00%

Create a small budget table (sales and expenses) with an assumption area and then save 3 scenarios.
For the additional two scenarios use the numbers from Set 1 and Set 2 (to the right).
Jan
Sales
Ex1
Ex2
Ex3
Ex4
Ex5
Ex6
Ex7
Ex8
Ex9
Ex10
Ex11
Total Ex
Net Income

Feb
100

Mar
200

Apr
300

May
400

Assumptions

Jun
500

600

Ex1
Ex2
Ex3
Ex4
Ex5
Ex6
Ex7
Ex8
Ex9
Ex10
Ex11

Assumptio
3.00%
4.00%
5.00%
6.00%
7.00%
8.00%
9.00%
10.00%
11.00%
12.00%
13.00%

Set 2
4%
5%
6%
7%
8%
9%
10%
11%
12%
13%
14%

Set 3
2%
3%
4%
5%
6%
7%
8%
9%
10%
11%
12%

Create a small budget table (sales and expenses) with an assumption area and then save 3 scenarios.
For the additional two scenarios use the numbers from Set 1 and Set 2 (to the right).
Jan
Sales
\$ 100.00
Ex1
2.00
Ex2
3.00
Ex3
4.00
Ex4
5.00
Ex5
6.00
Ex6
7.00
Ex7
8.00
Ex8
9.00
Ex9
10.00
Ex10
11.00
Ex11
12.00
Total Ex
\$ 77.00
Net Income \$ 23.00

Feb
\$ 200.00
4.00
6.00
8.00
10.00
12.00
14.00
16.00
18.00
20.00
22.00
24.00
\$ 154.00
\$ 46.00

Mar
\$ 300.00
6.00
9.00
12.00
15.00
18.00
21.00
24.00
27.00
30.00
33.00
36.00
\$ 231.00
\$ 69.00

Apr
\$ 400.00
8.00
12.00
16.00
20.00
24.00
28.00
32.00
36.00
40.00
44.00
48.00
\$ 308.00
\$ 92.00

May
\$ 500.00
10.00
15.00
20.00
25.00
30.00
35.00
40.00
45.00
50.00
55.00
60.00
\$ 385.00
\$ 115.00

Jun
\$ 600.00
12.00
18.00
24.00
30.00
36.00
42.00
48.00
54.00
60.00
66.00
72.00
\$ 462.00
\$ 138.00

Assumptions
Ex1
Ex2
Ex3
Ex4
Ex5
Ex6
Ex7
Ex8
Ex9
Ex10
Ex11

Assumptio
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
8.00%
9.00%
10.00%
11.00%
12.00%

The projected revenue for Jan, Feb and Mar are \$1000, \$2000, and \$2500 respectively. The projected
expenses as a percentage of revenue for each month are: Rent = 25%, Operating Expenses = 35%,
Administrative expenses = 10% and Miscellaneous expenses = 8.5%. Create a projected Income
Statement and formatted it so it looks good.

The projected revenue for Jan, Feb and Mar are \$1000, \$2000, and \$2500 respectively. The projected expenses as a percen
each month are: Rent = 25%, Operating Expenses = 35%, Administrative expenses = 10% and Miscellaneous expenses = 8.5%
Income Statement and formatted it so it looks good.

Month
Jan
Feb
Mar

Operating
Admin
Misc.
Rent
Expense
Expenses
Expenses
Rev
\$1,000.00
\$250.00
\$350.00
\$100.00
\$85.00
\$2,000.00
\$500.00
\$700.00
\$200.00
\$170.00
\$2,500.00
\$625.00
\$875.00
\$250.00
\$212.50

Rent

Operating
Admin
Misc.
Expense
Expenses
Expenses
25.00%
35.00%
10.00%
8.50%

OR
Jan
Rev
Rent
Operating Expense
Admin Expenses
Misc. Expenses
Total Expenses
Net Income
Rent
Operating Expense
Admin Expenses
Misc. Expenses

Feb
\$1,000.00
\$250.00
\$350.00
\$100.00
\$85.00
\$785.00
\$215.00
25.00%
35.00%
10.00%
8.50%

\$2,000.00
\$500.00
\$700.00
\$200.00
\$170.00
\$1,570.00
\$430.00

Mar
\$2,500.00
\$625.00
\$875.00
\$250.00
\$212.50
\$1,962.50
\$537.50

e projected
es = 35%,
Income

Total
Expenses
Net Income
\$785.00
\$215.00
\$1,570.00
\$430.00
\$1,962.50
\$537.50

Create a formula in the Earned Commission column using the commission rate
from the sheet named "AssumptionsFor43".

SalesRep
Abraham
Hironobu
Daniel
Dante
Sarah B
Tonya
Janita
Debra
Tiara
Andrea
Faye
Viktor
Na
Ryan
Damir
Sunita
Meghan
Cynthia
Trevor
John
Sang
Dina
Tony
Nikolay
Thanh
Tracinda
Denis
Michael
Svitlana Q
Leslie
Sarah
Andra
Christien
Irina
Chandy
David
Wendy
Archie
Desiree
Denise

Sales
\$1,161.00
\$1,321.00
\$1,039.00
\$1,761.00
\$1,561.00
\$1,868.00
\$2,787.00
\$1,849.00
\$2,627.00
\$2,165.00
\$1,589.00
\$2,603.00
\$2,366.00
\$2,107.00
\$2,886.00
\$1,886.00
\$2,177.00
\$1,873.00
\$2,164.00
\$1,394.00
\$2,263.00
\$2,242.00
\$1,474.00
\$1,998.00
\$2,892.00
\$1,873.00
\$1,954.00
\$1,729.00
\$1,140.00
\$1,528.00
\$1,659.00
\$2,119.00
\$1,854.00
\$2,759.00
\$1,237.00
\$1,653.00
\$2,604.00
\$1,479.00
\$2,569.00
\$1,941.00

Earned
Commission

Hillary
Nicolas
Ralph
Konstanti
Svitlana
Ewelina
Jori
Abdullahi

\$2,793.00
\$2,614.00
\$1,645.00
\$1,733.00
\$2,466.00
\$2,833.00
\$1,604.00
\$2,588.00

Assumption Table
contains
Formula Inputs
Commissi
on Rate
0.04

Create a formula in the Earned Commission column using the commission rate
from the sheet named "AssumptionsFor43".

SalesRep
Abraham
Hironobu
Daniel
Dante
Sarah B
Tonya
Janita
Debra
Tiara
Andrea
Faye
Viktor
Na
Ryan
Damir
Sunita
Meghan
Cynthia
Trevor
John
Sang
Dina
Tony
Nikolay
Thanh
Tracinda
Denis
Michael
Svitlana Q
Leslie
Sarah
Andra
Christien
Irina
Chandy
David
Wendy
Archie
Desiree
Denise

Sales
\$1,161.00
\$1,321.00
\$1,039.00
\$1,761.00
\$1,561.00
\$1,868.00
\$2,787.00
\$1,849.00
\$2,627.00
\$2,165.00
\$1,589.00
\$2,603.00
\$2,366.00
\$2,107.00
\$2,886.00
\$1,886.00
\$2,177.00
\$1,873.00
\$2,164.00
\$1,394.00
\$2,263.00
\$2,242.00
\$1,474.00
\$1,998.00
\$2,892.00
\$1,873.00
\$1,954.00
\$1,729.00
\$1,140.00
\$1,528.00
\$1,659.00
\$2,119.00
\$1,854.00
\$2,759.00
\$1,237.00
\$1,653.00
\$2,604.00
\$1,479.00
\$2,569.00
\$1,941.00

Earned
Commission
\$46.440
\$52.840
\$41.560
\$70.440
\$62.440
\$74.720
\$111.480
\$73.960
\$105.080
\$86.600
\$63.560
\$104.120
\$94.640
\$84.280
\$115.440
\$75.440
\$87.080
\$74.920
\$86.560
\$55.760
\$90.520
\$89.680
\$58.960
\$79.920
\$115.680
\$74.920
\$78.160
\$69.160
\$45.600
\$61.120
\$66.360
\$84.760
\$74.160
\$110.360
\$49.480
\$66.120
\$104.160
\$59.160
\$102.760
\$77.640

Hillary
Nicolas
Ralph
Konstanti
Svitlana
Ewelina
Jori
Abdullahi

\$2,793.00
\$2,614.00
\$1,645.00
\$1,733.00
\$2,466.00
\$2,833.00
\$1,604.00
\$2,588.00

\$111.720
\$104.560
\$65.800
\$69.320
\$98.640
\$113.320
\$64.160
\$103.520

SalesRep
Abraham
Hironobu
Daniel
Dante
Sarah B
Tonya
Janita
Debra
Tiara
Andrea
Total

Sales
\$1,161.00
\$1,321.00
\$1,039.00
\$1,761.00
\$1,561.00
\$1,868.00
\$2,787.00
\$1,849.00
\$2,627.00
\$2,165.00
\$18,139.00

SalesRep
Abraham
Hironobu
Daniel
Dante
Sarah B
Tonya
Janita
Debra
Tiara
Andrea
Total

Sales
\$1,161.00
\$1,321.00
\$1,039.00
\$1,761.00
\$1,561.00
\$1,868.00
\$2,787.00
\$1,849.00
\$2,627.00
\$2,165.00
\$18,139.00