Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 5 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 05 Aug 2017 My Price 6.00

spreadsheet accuracy

A. Create a 12 month cash budget in Excel using the following assumptions:

 

• Initial sales of $5,000,000 with forecasted monthly growth of 1%.

• 40% of each months sales for cash; 30% for the following month ; 20% collected 2 months later; 8% collected 3 months later, and 2% never collected.

• Initial cash balance of 350,000.

 

B. Add a spinner to your spreadsheet that will enable you to easily change the forecasted monthly sales growth to range from .5% to 1.5% in increments of .1%.

 

C. Add a scroll bar to your spreadsheet that will let you modify the amount of the initial sales to vary from $4,000,000 to $6,000,000 in increments of $100,000.

 

D. Design appropriate data entry and processing controls to ensure the spreadsheet accuracy

Answers

Maurice Tutor
(5)
Status NEW Posted 05 Aug 2017 10:08 PM My Price 6.00

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