Your supervisor in the finance department at August Online Technology
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Practice Problems

Your supervisor in the finance department at August Online Technology

In the Labs

Design, create, modify and/or use a workbook following the guidelines, concepts, and skills presented in this module. Labs 1 and 2, which increase in difficulty, require you to create solutions based on what you learned in the module; Lab 3 requires you to apply your creative thinking and problem-solving skills to design and implement a solution.

Lab 1:

Eight-Year Financial Projection

Problem:

Your supervisor in the finance department at August Online Technology has asked you to create a worksheet for the flagship product that will project the annual gross margin, total expenses, operating income, income taxes, and net income for the next eight years based on the assumptions in Table 3–9. The desired worksheet is shown in Figure 3–85.

Perform the following tasks:

Instructions Part 1: Run Excel, open a blank workbook, and then create the worksheet.

1. Apply the Parallax theme to the worksheet.

2. Enter the worksheet title August Online Technology in cell A1and the subtitle Eight-Year Financial Projection for Product X in cell A2. Format the worksheet title in cell A1 to 26-point and the worksheet subtitle in cell A2 to 16-point. Enter the system date in cell I2 using the NOW function. Format the date to the14-Mar-12 style.

Dataset

Labs

Hint
ComputerIncome tax is a tax which is imposed on the individuals or entities in respect of the profits or the income that is earned by them. Generally, income tax is computed as the product of a tax rate times the taxable income. Taxation rates could also vary by type or the characteristics of the taxpayer and also the type of income....

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