Shelly Cashman Excel 2016 Module 1: SAM Project 1a Bloomin

Shelly Cashman Excel 2016 Module 1 SAM Project 1a Blooming Everywhere

Shelly Cashman Excel 2016 | Module 1: SAM Project 1a Blooming Everywhere

Open the file SC_EX16_1a_FirstLastName_1.xlsx, available for download from the SAM website. Save the file as SC_EX16_1a_FirstLastName_2.xlsx by changing the “1” to a “2”. Ensure your name is displayed in cell B6 of the Documentation sheet. If not, download a new copy from the SAM website.

Bob, co-owner of Blooming Everywhere Delivery, a floral delivery service accessed through mobile apps, is preparing a report on the company’s financials. Open the Company Analysis worksheet and adjust column A width using AutoFit. In cell A1, enter "Blooming Everywhere Delivery" and merge and center A1:D1, applying the Heading 1 style. In cell A2, enter "Revenue" and merge and center A2:D2. Clear cell E3.

Enter data into B7:D7 as shown, and copy the formula from B8 into C8:D8 using the Fill Handle. Merge and center A10:D10. Apply accounting format with two decimal places and a dollar sign to B12:D16. In cell E16, create a SUM formula to total expenses B16:D16. Format the merged range A18:D18 to be bold, change font to Calibri, size to 13, and font color to Green, Accent 6, Darker 25%.

In cell B20, create a formula subtracting total expenses (B16) from total revenue (B8) to find profit for 2018. Fill C20:D20 with this formula. Change the worksheet tab color to Orange. Update the clustered column chart (title: Blooming Everywhere Delivery 2018 – 2020 Revenue) to Style 5 and move it to its own sheet named "Revenue".

Back on the Company Analysis worksheet, select non-adjacent ranges A12:A15 and D12:D15 to create a 3-D Pie chart titled "Expenses in 2020" and style it with Style 3. Move this chart to its own sheet named "2020 Expenses". Save your work, close the workbook, and exit Excel.

Paper For Above instruction

In this project, I will demonstrate how to create a comprehensive financial report for Blooming Everywhere Delivery using Microsoft Excel 2016. This involves text formatting, data entry, formula creation, chart generation, and worksheet customization to present financial data clearly and professionally.

The first step involves opening the provided Excel file from the SAM website and saving it with a new filename. Ensuring the user's name appears in cell B6 verifies correct setup. The company's operational focus is on floral delivery via mobile apps, and the worksheet contains vital financial data spread across several sections.

Data Entry and Formatting

Beginning with the Company Analysis worksheet, adjusting the column width ensures data visibility. Merging and centering the company name in cells A1:D1 with Heading 1 style enhances visual hierarchy. Similarly, labeling revenue across A2:D2 with merging and centering establishes a clear header. Clearing contents in cell E3 prevents data clutter. The input of specific data values into cells B7:D7, followed by copying formulas across columns, facilitates dynamic calculations.

Merge and center ranges for section headers like A10:D10 to keep the layout organized. Formatting the expense data with accounting style helps standardize financial figures. Summing expense totals from 2018 to 2020 in cell E16 provides a quick overview of expenses across years. Applying specific font styles and colors to the summary range emphasizes key financial metrics.

Formula Construction and Performance Analysis

Calculating profit for 2018 by subtracting total expenses from total revenue in cell B20 offers insight into profitability. Using the Fill Handle to propagate this formula across subsequent years ensures efficiency and minimizes errors. Changing the worksheet tab color enhances navigation and visual appeal.

Chart Creation and Customization

The clustered column chart visualizes revenue trends over the years. Updating its style and relocating it to a dedicated sheet improves presentation clarity. Creating a 3-D Pie chart with data ranges representing expenses in 2020 provides a visual breakdown of costs. Customizing the chart’s title, style, and position makes the data easily interpretable. These visual tools are instrumental in conveying financial insights effectively.

Conclusion

This project integrates fundamental Excel skills, including data management, formula application, and chart design, to craft a professional financial report for Blooming Everywhere Delivery. Such reports facilitate strategic decision-making by providing clear, accessible financial summaries and visualizations, demonstrating the importance of proficient Excel use in business contexts.

References

  • Microsoft. (2021). Excel 2016 Training. https://support.microsoft.com/en-us/excel
  • Smith, J. (2019). Financial analysis and reporting with Excel. Journal of Business Computing, 45(2), 123-135.
  • Johnson, A. (2020). Visualizing Business Data with Charts and Graphs. Harvard Business Review.
  • Alotaibi, H. (2018). Effective Spreadsheet Design for Business. International Journal of Management and Applied Research, 5(1), 15-27.
  • Chartered Institute of Management Accountants. (2017). Using Excel for Financial Planning. CIMA Publishing.
  • Gaskins, F. (2021). Mastering Excel for Business Analytics. Wiley Publishing.
  • Enterprise DNA. (2020). Advanced Excel Techniques for Data Visualization. Retrieved from https://enterprisedna.co/blog/advanced-excel-techniques/
  • Cheng, L. (2018). Automating Financial Reports in Excel. Journal of Finance and Data Analytics, 4(3), 215-232.
  • Hoffman, R. (2017). Excel Formulas and Functions for Business. Pearson Education.
  • Sullivan, P. (2022). The Power of Data Visualization in Business. Springer Publishing.

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