Excel

Goals: You will work with formulas and functions, create graphs, enhance the presentation of a spreadsheet, and link a spreadsheet to a Word document. Additionally, you will learn the basic principles of spreadsheet design.

  1. The Excel Screen
  1. Using Formulas and Formatting
  1. Working with Relative and Absolute Cell References
  1. Using Functions
  1. Charting Data
  1. Nested Functions
  2. Final Grades Spreadsheet Database Management
  1. Putting It All Together
  1. Linking Excel Spreadsheets in a Word Document

 


Spreadsheet Basics

Text (Labels) - Words or numbers which will not be used for calculation (i.e. Social Security numbers, zip codes, telephone numbers, etc.). A label which references a number, like the year 1992, or a cell location, may be preceded by a single quote ( ' ), a double quote ( " ), or a carat ( ^). The single quote left justifies the label. The double quote right justifies the label. The carat centers the label.

Numbers (Values) - Numbers must start with a numeral, no more than one decimal point, a + or - sign, a $ sign, or enclosed within parentheses. Numbers may end with a % sign (this tells Excel to divide the number by 100). Numbers may also be entered using scientific notation.

Formulas - Three key rules for formulas are:

  1. Always start a formula with an = sign.
  2. Enter the formula in the cell in which the result is to appear.
  3. Do not end a formula with an equal sign.

The best, safest, and most consistent way to start a formula is to use the = sign, but formulas may actually start with any one of the following characters:

0 1 2 3 4 5 6 7 8 9 + -. ( @ # $ =

This is done so that Excel will recognize that the cell contains a formula rather than a label. Formulas can contain special built-in formulas or mathematical operations, like for Tangent or Net Present Value, which are called functions. Functions always begin with the = sign which is followed by the name of the function. Conditions or parameters may follow within a set of parentheses. For example the average function might be written like this: =AVERAGE(B7:G7). Special functions are available for mathematics, strings (words or text), logical operations (true/false conditions), and even the date and time. There are over 250 functions in Excel.

 


Visit the Excel Help Page for an Internet-based tutorial. Some interesting examples are provided in the Business Solutions section.

Microsoft has several tutorials available: Beginning, Gathering the Data, Formatting, Working with Numbers, Formulas, and Functions, Using Proofing Tools, Using Charts, and Putting it All Together.

Some more advanced Excel tutorial information may be found at the Excel Skills Guide.


The Pet Store Spreadsheet Assignment

You are running a pet store. You want to design a spreadsheet that will allow you to get a total value of your inventory. Here is the basic design:

 

        A                               B                              C                                D

1     Type                          Number                  Price                          Total

2                                                                                                         =A2*C2

 

Directions

  1. Create a spreadsheet for 5 different animals.
  2. Enter the text (Type, Number, Price, Total, and the names of the five animals. Enter the text TOTAL in C9.
  3. Enter the formula in D2.
  4. Copy the formula from D2 through D6.
  5. Write a formula in D9 that will add D2 through D6 or use the AutoSum button.
  6. Format the Price and Total to show the $.

Copying a formula

  1. Click on the cell which you want to copy
  2. Place the large cross pointer in the ceel which you want to copy.
  3. Using the large cross pointer, Click and drag from the source down to the last cell in the range you want to copy.
  4. Right click on the highlighted area.
  5. Select Paste.

 

Formatting Using the $

  1. Click on the cell or click and drag on the cells which you want to format.
  2. Click on the $ on the Standard Tool Bar.


  3. Designing and Developing a Spreadsheet

     

    1. Sketch out the spreadsheet. It is not necessary that everything be planned perfectly, but you need to know what data you have, and what you want to do with it.
    2. Enter the text into the spreadsheet.
    3. Enter the formulas into the spreadsheet. Check for accuracy.
    4. Enter the numbers into the spreadsheet. Do the calculated answers make sense? Check for mistakes or erroneous assumptions.
    5. Format the spreadsheet so that it looks good and can be easily understood by others.
    6. Add titles, references, statement of purpose, etc.

    The Gross Pay Spreadsheet

    Design a spreadsheet that will calculate the gross pay for Jack, Jill, Becky, and Tom. They are paid time and a half for working over 40 hours. Jack works 40 at $23/hour. Jill works 44 hours at $18/hour. Becky works 32 hours at $8.50/hour. Tom works 50 hours at $14.44/hour. Format the rate and the total to show $ and two decimal places. Format the hours to show a tenth of an hour. (Hint: your formula should read: Regular Hours*Rate + Overtime hours*Rate*1.5.)


    John Bearsford Tipton Spreadsheet

    Many of us have thought about having a million dollars. Now it is your time to plan. Design a spreadsheet in which will determine how much money you will have to invest each year for the next twenty years to become a millionaire. You must be able to determine the interest/dividend rate for each year and the amount of money that you deposit for each year.

    Use the Data Fill command to enter the years.

    Enter a formula to calculate the ending amount.

    The first year's starting amount will be zero.

    The second year's starting amount will be the first year's ending amount.

    Wrap the text in B1, C1, and E1.

     

            A                  B                              C                     D                  E

    1 Year             Starting              Amount              Rate              Ending
                            Amount              Deposited                                Amount

    2 1998             0                                                                         =B2+(B2*D2)+C2+(C2*D2)

    3 1999            =E2

     

    Concentrate on -
    Properly formatted - text, numbers, decimals, and column width, etc.
    Copying formulas.

    Optional:

    Complete the following scenarios -

    1. Stocks return an average of 11% per year. Some years, they return more than others. Some years you will be able to deposit more money than in other years. Change the rate of return and the amount that you deposit.
    2. What is the smallest interest rate that can be used with an annual deposit of $25,000 per year?
    3. How much will you have to contribute each year with an interest rate of 10%?

Using the Data Fill Command for Numbers

  1. Enter the first two years
  2. Click in the first year's cell.
  3. Click and drag to the second year's cell so that both year's cells are highlighted.
  4. Move your pointer to the fill handle (the small box in the lower right corner of the highlighted cells) and click and drag the fill handle to the last cell that you want to fill.

Wrapping Text in a Cell

  1. Type the text.
  2. Right click on the cell.
  3. Click on the Alignment tab.
  4. Click on Wrap Text.

    Price Forecasting Spreadsheet

    You run a computer manufacturing company. You are trying to forecast the retail price of your basic computer system for the next four years.

    Construct a spreadsheet that computes the system price for projected price changes. Your research suggests that the price of electronic parts will decrease, while labor, facilities, and advertising will increase.

    Set up your spreadsheet as shown. Enter and copy the formulas using absolute references, and then the numbers. Finally, format your spreadsheet.

    A

    B  

    C   

    D

    E

    F

    1   ITEM           Change 1998

    1999

    2000

    2001

    2   Monitor     -3% 100
    3   Sys.Unit          -7% 195
    4   Keyboard     -5% 45
    5   Labor              30% 50
    6   Facilities         10%  30
    7   Advertising    50%  25
    8   Projected Price
    1. Type the text.
    2. Type the formula (=C2+($B2*C2) ) in D2. The $ in the $B2 reference keeps the column reference constant as you copy the formula across the columns.
    3. Copy the formulas from D2 to D2:D7, then across to F7.
    4. Type the formula in D9.
    5. Copy the formula from D9 to E9..F9.
    6. Enter the numbers.
    7. Mark C7 to F7. Right-click. Select Format Cells, Border or use the Border Tool to put a border in the bottom of row 7.  (Try several different styles and colors to see which looks best.)
    8. Format the spreadsheet for zero decimal places and a percent sign in column B.
    9. Format the spreadsheet for zero decimal places in columns C through F.
    10. Insert Row 1. Add the title Itty Bitty Machine Price Projection in cell A1.
    11. Experiment using fonts or other enhancements.

     

    Inserting a Row

    1. Click on the Row Header Number (the number all the way on the left of the spreadsheet).
    2. Right click.
    3. Click on Insert.

    Center Across Columns

    1. Type the text.
    2. Click and drag across the columns that you wish to center the text.
    3. Click on the Merge and Center button on the Formatting Toolbar.

    Bowling Spreadsheet

                 A                B                 C                 D                 E                 F                 G                 H   
      1   Bowling Scorekeeper
      2   Nine Pins Bowling Team
      3   Date
      4                                             Games                          Total       Number of       Average    High
      5   Name              1                   2                 3                                Games           Game     Game
      6
      7    Don
      8    Tim
      9    Matt
    10   Sue
    11  June
    12   Dave
    13  Judy
    14  Steve
    15
    16  TOTALS
    17 Team Average................................................

    Directions:

    1. Enter all text.
    2. Enter all formulas using the copy command.
    3. You will use the following functions:
    4. =SUM(range)

      =COUNT(range)

      =AVERAGE(range)

      =MAX(range)

      (Note: you will get an error message after you enter the AVERAGE function because division by zero is not defined.)

    5. Enter the numbers (scores):
    6. Don 190 188 210
      Tim 162 200 205
      Matt 145 186 181
      Sue 222 209 230
      June 157 171 177
      Dave 167 183 250
      Judy 135 183 154
      Steve 159 176 182

    7. Format the spreadsheet.
    8. Create borders as shown.
    9. Set the column width.
    10. Display only whole numbers - no decimals.
    11. Justify the text as necessary.
    12.  


      Budget Spreadsheet

                 A         B            C                 D                 E                F

        1   Debit     Code Account 1 Account 2 Account 3 Account 4
        2
        3   500.00     3
        4   125.50     4
        5     22.01     4
        6     38.88     2
        7   954.19     1
        8   104.00     3
        9   424.50     4
      10     84.47     1
      11     96.88     3
      12   840.51     2
      13      22.17    1
      14   TOTAL

      Directions

      1. Enter all text.

      2. Use Borders and Shading to create an interesting heading.

      3. Enter all formulas in row 3. Copy them.

      1. Use the following functions as examples:

      =SUM(C3..C13) =SUM(range)

      =IF(B3=1,A3,0) =IF(STATMENT A IS TRUE, DO THIS, IF IT IS NOT TRUE, DO THIS)

      5. Enter the numbers.

      6. Format the spreadsheet.

      7. Set the column width.

      8. Display 2 decimal places for all dollar amounts.

      9. Display 0 decimal places for the CODE number.

      10. Justify the text as necessary.

      11. Put borders where they are needed to separate the different sections of the spreadsheet.

      12. Extra - Design the spreadsheet so you can tell how much is left in each account. The starting balances are:

      Account 1 $1000.00

      Account 2 $ 600.00

      Account 3 $3000.00

      Account 4 $ 700.00

       


      Sales Commissions

      You want to design a spreadsheet that will calculate the commission for your sales representatives. There are three different commission rates. Sales under $5000 receive a 3.5% rate. Sales over $8000 receive a 4.5% rate. Sales over $8000 receive a 6.5% rate.

      Use the following data:

      Johnson sold $5000. Jones sold $3500, Brown sold $6000, and Smith sold $9500 this month. Use the LOOKUP function to calculate their commission.

                     A                            B                                   C                                                       D
      1 Sales Commissions
      2       NAME             Amount Sold          Commission Rate                                    Amount
      3     Johnson                  5000.00            =VLOOKUP(B3,A$15:B$18,2)           =(B3*C3)
      4
      5
      6
      7
      *
      *
      15         0.00           3.5%
      16  5000.00          4.5%
      17  8000.00          6.5%

      Directions:

      1. Enter all text.
      2. Put a border at the bottom of row 2.
      3. Enter all formulas using the copy command.
      4. Function:

        =VLOOKUP(amount sold, range of the amount sold in the lookup table, number of cells offset to return the commission rate)

        NOTE: The $ before the row number in the function keeps the reference to the lookup table constant.

      5. Enter the numbers.
      6. Format the spreadsheet.
      7. Set the column width.
      8. Display 2 decimal places.
      9. Display the COMMISSION using dollar signs.
      10. Add borders and shading.
      11. Change the font, font size, and color as needed.
      12. Justify the text as necessary for the best presentation.

       


      International Sales Comparisons

       

                       A B C D E
        1  Comparative International Sales
        2  (By City and Month)
        3
        4 1998
        5                                   Jan. Feb. Mar. Total
        6     New York 10 50 22 82
        7     Montreal 20 80 10 90
        8     Paris 30 20 40 90
        9     Moscow 40 15 60 115
      10     Seattle 100 30 15 145
      11     Lima 60 110 99 269
      12     Bonn 20 33 122 175
      17
      18     TOTALS 280 338 348

      Directions:

      1. Create the spreadsheet above. Copy the formulas. Format.
      2. Get the menu.
      3. Select the area to graph.
      4. Click on the Graph Wizard tool.
      5. Mark the area on your spreadsheet where you want to place the graph.
      6. Follow the Wizard's directions.

      Graph the following:

      1. Graph for all cities for one month.
      2. Graph one city for all months.
      3. Graph all of the cities for all months.
      4. Graph the monthly totals.
      5. Graph the monthly totals as percentages.

      Label your graphs. Experiment with the different types of graphs. What type of graph would you use to:

      Compare monthly sales of one city to another.

      Show a trend of sales over time.

      Show daily stock prices.

      Show percentages of a whole.

      Copy the chart to a Word document.

       


      Hotel Customers

      As a manager of a hotel, you want to develop a graphical profile of your hotel's customers for a year. First, you must enter the data into a spreadsheet.

      Month General Business Convention
             
      Jan. 225 309 88
      Feb. 747 303 471
      Mar. 578 521 211
      Apr. 370 222 287
      May 519 546 837
      Jun. 382 815 354
      Jul. 684 228 524
      Aug. 520 537 85
      Sep. 700 660 921
      Oct. 431 439 414
      Nov. 1260 717 743
      Dec. 673 991 712

      Select the best type of graph to show the following:

      1. A comparison of the percentage of each type of customer for the entire year.
      2. The trend of the numbers of each type of customer.
      3. A comparison of the number of each type of customer for each month.
      4. A comparison of the total number of customers for each month.

      NOTE: You will need to add another row or column of data to your spreadsheet.


      Final Grades Spreadsheet

      You are a teacher with five students. Create a spreadsheet for your test grades. There are five tests. Each test counts the same in determining the final grade. Use a nested =IF function to determine the letter grade. Your spreadsheet should contain the following information:

      Student
      Name
       

      Test
      Scores

      Highest
      Score
      Lowest
      Score
      Average
      Score
      Grade
      S. Wozniak 66 78 95 51 87
      A. Osborne 76 8 74 82 85
      S. Jobs 89 74 90 77 84
      M. Kapor 67 69 72 75 77
      B. Gates 87 85 84 77 82

      Also:
      Each test score must be in a separate cell. (Note: You will need 5 columns for the test scores.
      Format all cells so there are no decimal places.
      Find the average score for each test.
      Insert a title in Row 1.
      Format the column headings so they wrap around.
      Put each label in one cell.
      Enhance the spreadsheet by using lines, font enhancements, etc.
      Use a nested IF function

      =IF function example:
      =IF(AverageScore>=90, "A",=IF(AverageScore>= 80,"B"....)) etc.
      Each ( must have a corresponding )

      Graph the scores so that you can compare all test scores for all students.
      Protect your formulas.

       

      Optional:
      You decide to assign a final paper that counts 50% of the grade. Change the spreadsheet to reflect a 50% test and 50% paper grade.


      Salary Schedule Spreadsheet

      Enter the following data into your spreadsheet:

      Last
      Name
      First Name Dept. Years Salary
      Smith D. Executive 7 48597
      Brossmer E. Executive 3 20741
      Stone J. Executive 3 36471
      Braun K. Executive 4 17386
      Ross K. Finance 5 44661
      Gregory L. Finance 10 32318
      Kolb L. Marketing 8 41907
      Parent S. Marketing 4 23919
      Hibscher J. Personnel 12 33647
      Arnett T. Production 1 48229
      Black M. Production 9 47887
      Lacy A. Production 5 41112
      Baim M. Production 3 24045
      Skyles G. Production 11 11416
      Gossman M. Production 2 27577

      1. Sort the data according to NAME, YEARS, and SALARY.
      2. Determine the average salary, and years of service.
      3. Display the salaries in a chart form. Determine what you want to display.


      Teachers' Salary Schedule

      Use the following table to create a salary schedule that will return the correct rate of pay for the following teachers:

      Name Years of Service   Degree     Salary
      Brown        6                          MA
      Smith      10                           BA
      Jones      20                          PHD

       

                                              Degree
      Years of Service        BA          MA        PHD
         0                          20000      25000    30000
         6                          25000      30000    35000
        11                         30000      35000    40000
        16                         35000      40000    45000

      Use an =IF function to evaluate the degree when the degree is written BA, MA, PHD.

      Hint: LOOKUP the Years in the lookup table, =IF the Degree = "BA" then go 1 cell over, =IF the Degree = "MA" then go 2 cells over, and =IF the Degree = "PHD" then go over 3 cells.

 

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