Excel111.doc

Excel

Assignment 1

1a. Create the following spreadsheet. All numeric amounts should be edited into the

Currency format. (Net Profit = Total Income - Total Expenses). Bold face the Total

Lines and Total Column.

Acme Industries

1232 Acme Avenue

Toledo, OH 43606

Yearly Income Statement

Quarters

Item

First

Second

Third

Fourth

Total

INCOME:

Sales Income

10,523.50

13,459.25

17,752.00

11,543.50

xx

Labor Income

7,983.34

11,208.00

15,438.34

10,654.54

xx

Total Income

xx

xx

xx

xx

xxx

EXPENSES:

Store Rental

1,500.00

1,500.00

1,500.00

1,500.00

xx

Telephone

750.00

754.87

789.66

875.78

xx

Utilities

435.56

431.56

444.58

487.99

xx

Advertising

600.00

600.00

600.00

600.00

xx

Insurance

250.00

250.00

250.00

250.00

xx

Materials

2,430.34

2,039.55

2,583.34

2,324.43

xx

Payroll

7,837.33

7,837.33

7,837.33

7,837.33

xx

Misc. Services

342.78

298.39

384.33

483.22

xx

Total Expenses

xx

xx

xx

xx

xx

Net Profit

xx

xx

xx

xx

xx