# Need an Excel expert to modify the existing spreadsheet with the instructions in the power point documents.

It is time to build the formulas needed to complete the income
statement. Begin working on the Income Statement worksheet and complete
formulas for all of the cells marked in gray.

1. Enter the formula to calculate the Condo Rentals Revenue in C13
Multiple the Quantity of Condo Rental Days * the Price for Condo Rental.
2. Enter the formula to calculate the Ski Lift Revenue in C14 Multiple
the Quantity of Ski Lift Tickets * the Price for Ski Lift Tickets.
3. Enter the formula to calculate the Winter X Games Revenue in C17
Multiple the Quantity of X Games Tickets * the Price for X Games
Tickets.
4. Enter the formula to calculate the Total Revenues in C20 and Total Expenses in C34.
5. Make sure the cell references for Total Revenues and Total Expenses are placed in cells C37 and C38 respectively.
6. Enter the formula to calculate the Net Income in cell C39.
7. Apply professional formatting to all of this data using the image below as a guide.

Step 2: Build the One-Variable Data Tables

Now that the Income Statement is complete, begin to address the questions about the condo rentals and ski lift tickets.

1. Build a one-variable data table based on condo rental days. The
initial values for Revenue and Net Income for cells I6 and I7 should be
cell references from the income statement.
2. Build a one-variable data table based on the quantity of ski lift
tickets. The initial values for Revenue and Net Income for cells I14 and
I15 should be cell references from the income statement.
3. Apply conditional formatting to highlight Net Income of at least \$250,000 for each of the one-variable data tables.
4. In cell G17, a question exists. “If management has a target net
income of at least \$250,000, which of the above SPECIFIC scenarios in
the condo rentals or ski tickets one-variable data table would you
recommend using? Explain your reasoning.” Make sure you place your
answer in the text box beginning in cell G20.
5. Apply professional formatting to all of this data using the image below as a guide.

## Step 3: Build the Two-Variable Data Table

Once the one-variable data tables are complete, begin to address the questions about the X Games tickets sold.

6. Build a two-variable data table based on the quantity and price of
the X Games tickets sold. Enter a reference to Net Income in
cell I27 from the income statement.
7. Apply conditional formatting to highlight Net Income of at least \$250,000 for each of the two-variable data table.
8. In cell G37, a question exists. “If management has a target net
income of at least \$250,000. Which of the above SPECIFIC combinations of
price and quantity of X Games Tickets in the two-variable data table
would you recommend using? Explain your reasoning.”
9. Make sure you place your answer in the text box beginning in cell G40.
10. Apply professional formatting to all of this data using the image below as a guide.

## Step 4: Create the Scenario Summary

You addressed quite a few questions. Now it is time to create a Scenario Summary.

11. Assign names to all of the income statement cell values in column C
in the assumptions, revenues, expenses, and summary sections using the
labels in column B. For example, select cells B5:C10, and then on the
Formula tab in the Defined Names Group, select “Create from Selection” and use the left column as the name (repeat on lower sections).
12. Build three scenarios by changing cells C8, C15, C16, C29, and C30
using the following data: Optimistic, Mid-range, and Pessimistic
13. Generate the Scenario Summary using C37:C39 as the result cells.
14. Move the Scenario Summary sheet after the Income Statement and apply
professional formatting to all of this data using the image below as a
guide.

## Step 5: Create Pivot Tables From Warming Hut Data

Select the Warming Hut Sales Worksheet. You notice the data are not formatted or organized well.

15. Use the Warming Hut Sales data to build Pivot Tables.
16. Build the first Pivot Table to summarize total sales by category and by location. Name this sheet Pivot Table 1.
17. Build the second Pivot Table to summarize total sales by category
and by season for only the Summit View location. Name this sheet Pivot
Table 2.
18. Build the third Pivot Table to summarize total sales by month and by
product for only the Mogul Hill location. Name this sheet Pivot Table
3.
19. Choose one of the created Pivot Tables and add a professional chart
to the same worksheet. Make sure you explain the chart and what it shows
20. Apply professional formatting to all of this data using the image below as a guide.

## Step 6: Create a Documentation Sheet

Clean up the formatting of your Excel workbook, taking into account professional appearance.

Insert a new spreadsheet into the workbook. The documentation sheet should be the first sheet in the workbook.

21. Make certain all contents of the workbook are properly noted on the
documentation sheet. For the sheet with chart, add an explanation of the
chart you selected and what this chart shows.
22. Make certain each tab has a descriptive name for each tab (sheet) in the workbook.
23. Create the professional documentation worksheet. Be sure to include a description of each worksheet. An image is provided below.

## Finish and Submit

Save your Excel file. Make sure you are aware as to where your files
are physically saved. Saving your file often is good practice (Ctrl +
s).
Your Excel file should contain seven worksheets.

24. Documentation Page
25. Income Statement
26. Scenario Summary
27. WarmingHutSales
28. Pivot Table 1
29. Pivot Table 2
30. Pivot Table 3