You are an account manager for Inland Jewelers, a regional company that makes custom class rings for graduating seniors. Your supervisor requested a workbook to report on new accounts created on payment plans. The report should provide details on total costs to the student as well as payment information. Each ring financed has a base price that can fluctuate based on ring personalization.
Start Excel. Download and open the file named Exp22_Excel_Ch02_Cumulative_InlandJewelers.xlsx. Grader has automatically added your last name to the beginning of the filename.
Insert a function in cell B2 to display the current date from your system.
With cell B2 selected, set the width of column B to AutoFit.
Insert a VLOOKUP function in cell C5 to display the ring cost for the first student. The cost of the ring type should be an exact match. Use appropriate relative and absolute cell references.
Fill the function from cell C5 to the range C6:C11.
Apply Accounting number format to the range C5:C11.
Insert an IF function in cell E5 to calculate the total due. If the student has chosen to personalize the ring, there is an additional charge of 5% located in cell B21 that must be added to the cost of the ring; if not, the student only pays the base price. Use appropriate relative and absolute cell references.
Fill the function from cell E5 to the range E6:E11.
Apply Accounting number format to the range E5:E11.
Insert a function in cell G5 to calculate the first student’s monthly payment, using appropriate relative and absolute cell references. Ensure the result is a positive number.
Fill the function from cell G5 to the range G6:G11.
Apply Accounting number format to the range G5:G11.
Calculate totals in cells C12, E12, and G12.
Set 0.3″ left and right margins and ensure the page prints on only one page.
Save and close Exp22_Excel_Ch02_Cumulative_InlandJewelers.xlsx. Exit Excel. Submit the file as directed