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Excel Assignments:

Excel is a tool that particularly has value in playing the “what-if” game (ie, you can easily change your assumptions and see how your calculations or decisions would change.) You will have two excel assignments, both of which are “Applying Excel” at the back of the chapter. At the end of chapter 2 (pages 51-52), you will have a problem determining net operating income using either the traditional format income statement or contribution format income statement. At the end of chapter 5 (pages 215-216), you will have a problem determining the contribution margin, breakeven point, margin of safety, and degree of operating leverage. Don’t worry about answering question 5 for the chapter 5 assignment. Both assignments will involve doing an original spreadsheet, changing assumptions, and answering a series of questions. The spreadsheets are available on canvas. If all you do is fill in the original spreadsheet as provided without doing follow-on spreadsheets or answering the questions, your score for the assignment will be 1/5.