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BIS155 DeVry University Add Formulas, Functions and Formatting

Step 1: Add Formulas, Functions, and Formatting to Condo Sales Data WorksheetNow we need to begin working on the worksheet 1. Let’s begin by renaming sheet 1 to Condo Sales Data. Create the formula needed to calculate the percent of asking price.Column H: Selling Price/ Asking Price Format the data on this sheet for currency, percent, and so forth.Format the title rows and center them across the column selection. Format the column headings appropriately. An example of what your Condo Sales worksheet might look like is below. Click Image to ExpandStep 2: Add Formulas, Functions, and Formatting to Loan Data WorksheetNow we need to begin working on the worksheet 2. Let’s begin by renaming sheet 2 to Loan Data. Use the VLOOKUP function to determine the Interest Rate & PMT function to determine the monthly payment.Column E: Interest Rate using VLOOKUPColumn F: Down Payment = VLOOKUP to determine % Required for Down Payment * Selling PriceColumn G: Amount Financed = Selling Price – Down PaymentColumn H: Monthly Payment = PMT function (Monthly payment is at the beginning of each period)Cells C41 – C44: Use functions COUNT, MIN, MAX & SUM to complete these loan statisticsFormat the data on this sheet for currency, percent, and so forth.Format the title rows and center them across the column selection. Format the column headings appropriately.Format the Loan Term Data and Loan Statistics with a clean outside border, color formatting, currency, and percent. An example of what your Loan Data worksheet might look like is below. Loan Data WorksheetStep 3: Sort and Create Summary Report and ChartTo create the Sorted Data worksheet, begin by creating a copy of the Condo Sales Data. Once a copy has been made of the Condo Sales Data and moved to a new sheet, name the new worksheet Sorted Data. We will not need the Address column, so please delete that column of data from the Sorted Data worksheet.Convert the data in the Sorted Data worksheet into a table. Select the rectangular block of cells contained in the Sorted Data worksheet. Click the Insert tab and select Tables from the Tables group. Remember to check that your table has headers. Sort the data by selling agent and then by asking price. Once the data has been sorted, you can convert it back into a range. You must convert to range before you can provide a summary report.Create a summary report showing total asking and total selling price by selling agent. Using subtotals, you will select the criteria for your subtotal. Each time the agent name changes, you want the total (sum) of both the Asking Price and Selling Price. Make sure the outline level of your subtotal is set to two on the left top area of your screen. Make sure you format your worksheet professionally.Click Image to ExpandCreate a Column Chart to compare asking price versus selling price by agent. Make certain you provide a professional chart title and formatting for your chart. Include a legend to show what each color represents. Move this chart to a new worksheet and name it Ask vs. Sell Price Chart. Click Image to ExpandStep 4: Create Filtered Data WorksheetTo create the Filtered Data worksheet, begin by creating a copy of the Condo Sales Data. Once a copy has been made of the Condo Sales Data and moved to a new sheet, name the new worksheet Filtered Data. Convert the data in the Filtered Data worksheet into a table. Select the rectangular block of cells contained in the Filtered Data worksheet. Click the Insert tab and select Tables from the Tables group. Remember to check that your table has headers. Click the drop-down box next to Selling Agent. Uncheck Select All, and then check Langston.Now click the drop-down next to City and select only Pagosa. Now only the properties sold by Langston in Pagosa will display.Click Image to ExpandStep 5: Create Conditional Formatting WorksheetTo create the Conditional Formatting worksheet, begin by creating a copy of the Condo Sales Data. Once a copy has been made of the Condo Sales Data and moved to a new sheet, name the new worksheet Conditional Formatting.Convert the data in the Conditional Formatting worksheet into a table. Click the Insert tab and select Tables from the Tables group. Remember to check that your table has headers. Select the data for just the column reflecting the % of Asking Price field. From the Home tab select Conditional Formatting from the Styles group and choose Manage Rules. Three new rules will need to be created. Format only cells that are greater than or equal to 100%; associate a green fill color and a black font with this rule.Format only cells that are between 95% and 99.9%; associate a yellow fill color and black font with this rule.Format only cells that are less than 95%; associate a red fill color and white font with this rule.Now sort the data based on the percentage of the asking price. Click the filter drop-down arrow and select Sort by Smallest to Largest.Click Image to ExpandStep 6: Create a Pivot TableIn this step, we will create a named range called CondoSalesData. Open the Condo Sales Data worksheet and select Cells A3 through J33. From the Formulas tab select Define Name from the Defined Names group. Give this segment of the worksheet the name CondoSalesData. Notice it will appear in the name box when all of these cells are selected. Create a pivot table based on the CondoSalesData range.Select Selling Agent as your row labels.Click on City and then drag it into the Column Labels field.Select % of Asking (Price) as your values by clicking and then dragging it onto the values area.The summary value of the percent will be a SUM. To change this, click the drop-down area in the Values field and select Value Field Settings.Change the summary type to Average.Change the number format to percent with two decimals by clicking the Number Format buttonChange the summary label to Average % of Asking Price.Apply Data Bars Conditional Formatting to the percentages. Last, hide the field headers. Rename the sheet PivotTable, and move it so it is the last tab in the workbook. Click Image to ExpandStep 7: Professional Appearance (Cleanup)Cleanup the formatting of your Excel workbook, taking into account professional appearance.The Minimum Requirement (per the Grading Rubric)Apply a color and assign a descriptive name to each tab (sheet) in the workbook.Create the documentation worksheet using a format similar to Labs 1 and 2. Be sure to include a description of each worksheet. An image is provided below. Make certain to include a custom page header with your name and your instructor’s name on the Condo Sales Data worksheet. Based on your analysis, provide your conclusion concerning the Finance Company slogan. Do they really sell a condo for the asking price? Provide your answer on the Documentation sheet.Remember, professional appearance doesn’t only promote better readability of your report; it represents you as a professional.Week 3 Documentation SheetStep 8: Finish and SubmitSave your Excel file. Saving your file often is good practice (Ctrl + s).Your Excel file should contain eight worksheets.DocumentationCondo Sales DataLoan Data Sorted DataAsk vs. Sell Price ChartFiltered Data Conditional Formatting DataPivotTableSubmit one workbook. When submitting the workbook, provide a comment in the comments area explaining what you learned from completing this lab activity.

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