BIS 155 Final Exam Guide (Cool Clocks, Inc.)
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BIS155 Practical Final Exam Instructions 1 for Cool Clocks, Inc. (v2)
Complete the tasks below using Microsoft Excel. You may refer to your notes, the textbook, or other resources (for example, you may search the Web for information). You may not get interactive help from any other person (either in person or via email, text messaging, IM, or other communications channels). I strongly recommend that you save your work frequently.
1. Formatting and charts (TCOs 1 & 3; 40 points)
a. Enter your name and today's date on the Documentation sheet
b. Select the Q1&Q2 sheet, and adjust the widths of the columns as needed
c. Center the title "Cool Clock, Inc. Sales by Product" across columns AD, increase the font size to 20, and change the font color to red.
d. Bold the column headings "Product", "Unit Price", "Quantity" and "Total Sales".
e. Add formulas to the Total Sales column to calculate the total sales for each product.
f. Add a grand total at the bottom of the Total Sales column, in cell D8.
g. Format the numbers in the Unit Price and Total Sales columns as accounting or currency format with a dollar sign and two decimal places.
h. Create a 3D pie chart on a separate sheet that displays the percentage of total sales for each product & the product name. (Do not include the grand total in the pie chart!).
i. Make the title of the chart & the worksheet tab "Total Sales by Product".
j. Place each product percentage of sales inside its pie slice.
k. Place a legend for all products on the right side of the chart.
l. Move the sheet named “Total Sales by Product” with the pie chart immediately after the Q1&Q2 sheet.
m. Save your work (CTRL+s)  (but leave it open to continue).
2. Formulas and applications (TCOs 2 & 7; 40 points).
 On the Q1&Q2 sheet, in cell E8, add a formula using a lookup function that will look up the grand total in cell D8 in the table of sales and assessments in A11:B13, and display the corresponding assessment. Use a range lookup. (For example, if the grand total of $12,500 is displayed in cell D8, "Good" should be displayed in cell E8.)
 In cell E9 enter the label Highest Sales. In F9 enter a formula using a function to display the highest total sales value for any product.
 In cell E10 enter the label Lowest Sales. In F10 enter a formula using a function to display the lowest total sales value for any product.
 In cell E11 enter the label Average Sales. In F11 enter a formula using a function to display the average total sales value for all products.
 Format the labels and statistics (Highest Sales, Lowest Sales, and Average Sales) to display an outline (exterior border) around these cells for readability. Resize all columns for visibility.
 Add comments to cells F9, F10, and F11. In your comments, explain briefly in your own words what is displayed in each cell.
 Add gridlines and cell formatting and color formatting to cells A10:B13.
 Add a top and double bottom border to cell D8.
 Protect the worksheet so the contents cannot be accidentally changed by a user. Do not use a password.
 Save your work (CTRL+s)  (but leave it open to continue).
3. Data cleansing, lists, sorting, conditional formatting, and pivot tables (TCOs 4 & 8; 40 points).
 On the Q3 sheet, adjust the widths of the columns as needed.
 Column C contains each customer’s combined first and last name. Insert two empty columns to the right of column C, and use an Excel feature to separate the customers’ first names and last names into the new columns. In the first row, label the new columns Customer First Name and Customer Last Name. After doing this, delete the original Customer Name column. Resize the columns.
 Convert the list of orders (A1 – J21) into an Excel table.
 Sort the table into descending order (highest to lowest) by Order Amount.
 Apply conditional formatting to the Order Amount column so that order amounts greater than $100 are highlighted in green.
 Convert the table back into a range.
 Create a pivot table on a new worksheet that uses Customer Country as the row field, Product as the column field, and the sum of Order Amount as the values.
 Place this sheet immediately after the Q3 sheet, labeled Q3Pivot.
 Format the cells in the Pivot table using all borders with accounting or currency format with 2 decimal places. Add gridlines to the Pivot table.
 Save your work (CTRL+s)  (but leave it open to continue).
4. Data consolidation, analysis, and reporting (TCOs 5 & 9; 40 points)
a. Group the four sheets Q4 East, Q4 Central, Q4 West, and Q4 Summary.
b. While the sheets are grouped, bold the labels in row 1 and column A, and format the values in cells B2:E5 as currency with no decimal places. Resize all columns.
c. Ungroup the sheets (very important!).
d. On the Q4 Summary sheet, use 3D formulas to create a summary that displays the totals for each product and quarter over all 3 regions (East, Central, and West).
e. Create a clustered column chart that shows total sales of each product in each quarter. Each cluster should represent a quarter, and each individual column should represent sales of a product within that quarter. Place your chart on the Q4 Summary sheet to the right of the data. Give the chart an appropriate title.
f. Add a trend line to the chart to show how sales of alarm clocks are changing over time.
g. In the space provided on the Q4 Summary sheet, write a brief (23 paragraph) analysis report to the manager of the Cool Clocks business. In your report, explain your findings on the trend in sales of alarm clocks, and any other patterns you observed in sales of the product categories; and recommend at least one specific action that Cool Clocks should take regarding the alarm clocks product line.
 Save your work (CTRL+s)  (but leave it open to continue).
5. Whatif analysis (TCO 6; 40 points)
a. On the Q5 sheet, please format the Title row at the top of the worksheet stating “Detailed Sales Whatif Analysis”. Make sure it is centered across columns A – G and has a heading format.
b. Enter formulas in cells B6, B7, and B8 to calculate the total sales, total cost, and net income for a new product line, based on the projected unit sales, unit price and unit cost provided.
c. Adjust column widths as needed and format all values except unit sales as currency with no decimal places.
d. Complete the onevariable data table under the heading “Effect of Varying Unit Sales on Total Sales, Total Cost, and Net Income” to calculate the total sales, total cost and net income for projected sales of 80, 90, 100, 110, and 120 units.
e. Complete the twovariable data table under the heading “Effect on Net Income of Varying Unit Sales and Unit Price” to calculate the net income for projected sales of 80, 90, 100, 110, and 120 units at unit prices of $4, $5, $6, $7, and $8.
f. Format cells A3 – B8 with a thick box border.
g. Format the onevariable data table with themed cell style. Make sure the Initial values, Total Sales, Total Cost and Net Income have an accent color.
h. Format the twovariable data table with a themed cell style. Make sure the initial values for the horizontal and vertical have an accent color.
i. Add conditional formatting to the onevariable data table. Format the top 10% with green fill. Format the bottom 10% with red fill.
 Save your work (CTRL+s) and close.
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Lab 3 of 7: Alice Barr Realty Analysis
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BIS 155 Lab 2 of 7: Excel’s Advanced Formulas & Functions
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Lab 1 of 7: Saddle River Marching Band (50 Points)
Submit your assignment to the..

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Week 4 Quiz
(TCO 8) Which of the following is one of the most common file types imported into Excel? (Points : 2)
(TCO 8) Which of the following is NOT a text file? (Points : 2)
(TCO 8) Which of the following is NOT a method for refreshing data? (Points : 2..

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Week 3 Quiz
(TCO 4) If there are certain columns of information that are not needed at a particular time but might be needed later,_ the unneeded columns to allow users to focus on only the essential information. (Points:2)
(TCO 4) In Excel, the print area is defined as _____...

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Week 5 Quiz
(TCO 5) When multiple worksheets are selected, the word ________ appears in the title bar. (Points : 2)
(TCO 5) In Excel, which of the following would you perform to group adjacent worksheets? (Points : 2)
(TCO 5) When two windows of the same workbook are opened, E..

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Week 2 Quiz
(TCO 2) An absolute cell reference: (Points : 2)
(TCO 2) Which of the following best describes a circular reference? (Points: 2)
(TCO 2) =$E2G$4 contains examples of _____ cell references. (Points: 2)
(TCO 2) In Excel, an Argument wo..

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Week 1 Quiz
(TCO 1) Which of the following describes the function of the Formula Bar (as it applies to Excel 2010)? (Points : 2)
(TCO 1) Which of the following best describes a cell address? (Points : 2)
(TCO 1) If yo..

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Objective
The general instructions for this project can be found in the Week 6 Lecture material. The Week 6 Lecture describes the assignment and provides an overview of the project as a whole. There are no stepbysteps for the course project. The following are grading criteria for this proje..

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(TCO 1) You work for a local construction firm, "DeVry Engineering Group" and your supervisor wants to test your knowledge and skills with Microsoft Excel and has instructed you to develop a spreadsheet to calculate weekly payroll for “15” employees with the following assumptions:....... (Poi..

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BIS 155 Course Project Excel Project
BIS 155 Lab 1 of 7: Saddle River Marching Band
BIS 155 iLab 1 Upper Saddle River Marching Band (New)
BIS 155 Lab 2 of 7: Excel's Advanced Formulas & Functions
BIS 155 iLab 2: First National Bank (New)
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Question 1. Question : (TCO 5) The tabs of grouped worksheets are displayed with a _____ background.
gray
yellow
blue
white
Question 2. Question : ..

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Question 1. Question : (TCO 8) Which of the following is one of the most common file types imported into Excel?
Text
PowerPoint
Web
Word
Question 2. Question : ..

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Question 1. Question : (TCO 4) If there are certain columns of information that are not needed at a particular time but might be needed later, _____ the unneeded columns to allow users to focus on only the essential informati..

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Question 1. Question : (TCO 2) In Excel, a relative cell reference
indicates a cell's specific location and the reference does not change when you copy the formula.
contains both an absolute and a relative cell refere..

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Question 1. Question : (TCO 1) An Input Area (as it applies to Excel 2013) is defined as_____.
a range of cells containing results based on the output area
displays the name of a worksheet within a workbo..

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BIS 155 Week 1 DQ Getting Familiar With Excel
BIS 155 Week 2 DQ Formulas and Functions
BIS 155 Week 3 DQ Data Analysis Tools
BIS 155 Week 4 DQ Excel Data Exchange
BIS 155 Week 5 DQ Data Consolidation and WhatIf Analysis
BIS 155 Week 6 DQ Bringing It All Together
BIS 155 W..

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More than 100 years ago, H.G. Wells commented that "statistical thinking will one day be as necessary as the ability to read and write." If you were to google "statistics for managers", you will see a list of all sorts of books on this topic, followed by thousands of articles and resources.
P..

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This week will be an opportunity to share ideas and approaches to the Excel course project due this week.
What are some spreadsheet features you will use to make your spreadsheet professional, readable, reliable, and repeatable?
This is an opportunity to show your creativity ..

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Discuss and compare the group summations and WhatIf analysis (Consolidation) Excel tools. You may need to look up (research) the group summations.
Under what circumstances would you use each of these features? Do they both serve the same purpose, or is each one used under different sce..

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Excel 2013 provides the capability to exchange data with other applications. Discuss the different types of ways to exchange data between Excel and other Microsoft applications.
Are there limitations to the exchange process? Think of some specific examples.
How can you exchange data..

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Excel provides many different ways in which to analyze data. Discuss the different methods by which you can analyze data in your spreadsheet. That is, try an Internet search for "data analysis with excel" or use some of the methods you learned in this week's lesson. P.S. Please don't use the ..

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One of the benefits of Excel is the ability to use formulas and functions.
Discuss the differences between formulas and functions. Pick a function in Excel and discuss how that function is used to calculate results in your worksheets. Review your classmates posts to make sure that you're not ..

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Excel was introduced in 1985. Since then, it has become a standard business tool.
Discuss and explain at least six different (unique) features of Excel that make it a valuable business tool.
Discuss what type of Excel skills would be important in today’s job market and why. Be speci..

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Complete the tasks below using Microsoft Excel. You may refer to your notes, the textbook, or other resources such as the Web You may not get interactive help from any other person, either in person or via email, text messaging, instant messaging, or other communications channels. I strongly reco..

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BIS155 Practical Final Exam Instructions 1 for Cool Clocks, Inc. (v2)
Complete the tasks below using Microsoft Excel. You may refer to your notes, the textbook, or other resources (for example, you may search the Web for information). You may not get interactive help from an..

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Scenario/Summary
Hopefully you will find this week's iLab activity fun and useful. We'll be exploring the world of statistics from a business perspective this week, allowing you to practice your skills with descriptive statistics, formatting, graphs, and regression analysis.
As discussed ..

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Scenario/Summary
The purpose of this exercise is to use the Excel skills you have acquired thus far, and apply them to an analysis of a business scenario, of your choice. This will consist of preparing the groundwork in Excel (importing data, preparing the analysis using tables, charts, graph..

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Senario/Summary
Your friend, Adair Deske, is considering opening a day care center. She has started compiling her assumptions and putting together an Income Statement. She has determined that she must make at least $75,000 profit per year in order to start the business. She has asked you to a..

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The owner of Carina's Pizza, wants to evaluate the profitability of the three restaurants before expanding further. They are particularly interested in the comparative results of three dining categories, dinein, pickup, and delivery. Carina has asked for your help in doing this analysis in retur..

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You work with the Student Education Trust, which allows you to demonstrate your expertise with Excel. The trust is sponsoring an auction, and you have received a list of all donors who have contributed to this auction. The list was pulled from their database as a commaseparated text file. You ha..

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You are an intern with the Regional Realty Association and are analyzing the claim made by Luke Liberty Realty that "we get your price." You have prepared a spreadsheet that shows data relating to 3 months' sales by Luke Liberty Realty. You are going to determine the percent of asking price for e..

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Scenario/Summary
You are an intern at First National Bank working in the loan department, and your boss has asked you to prepare the monthly "New Loan Report" for the Board of Directors. This analysis report will clearly list and summarize all new loans for residential housing in the past mon..

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Scenario/Summary
You are the assistant to the band director for the Upper Saddle River Marching Band, and you must prepare a report showing the status of the marching band fundraising event for presentation to the board of trustees. The report will summarize all sales of all items and include..
