MiniCase6_10692
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Apr 3, 2024
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Mini Case 6
Steps to Perform:
Step
Instructions
1
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You are working as an analyst with the sales department of Alpha Trading Corporation. You are assisting the sales manager in planning, performance and budgeting.
In this exercise, you will construct cell formula using relative, mixed and absolute referencing.
You will also apply Cell Styles and conditional formatting to prepare the data for analysis. You should write smart formulas (wherever feasible), i.e., write once and drag/copy to other cells. If you write multiple formulas where a single formula was possible, then points will be deducted.
On the P1
worksheet, perform the following
The commission rate for the salesperson is given in Table 1 (A3:B8) and the sales generated by the salesperson are given in Table 2 (A10:E16). Commission amount = Commission rate * sales amount
Write a formula in B21 to calculate "Commission amount" based on the Commission Rate in Table 1 and sales amounts in Table 2.
Apply the "Commission Rate" (B5) and the "sales amount" (B13) to determine the Commission amount in cell B21 and copy across and down through to cell E24. The sales manager would like to understand the Commission variation as a percentage of total across the quarters. The formula to compute % of total is % of total = (quarterly commission of the salesperson)/ (total commission earned by that salesperson)
(a) Write a formula in B31 to calculate "Quarterly Distribution of Commission amount" based on the Commission amount in Table 3.
Apply the "Commission amount" (B21) and the "Total" (F21) to determine the Quarterly Distribution of Commission amount in cell B31.
Copy the B31 formula across and down through to cell E34. You should write a formula such that when the formula is copied, it computes the percent of total correctly.
(b) Apply conditional formatting to the quarterly distribution data in the range B31:E34 in Table 4. Apply the following highlight cell rules.
6
i. If the cell value is greater than 25%, fill the cell with Green Fill with Dark Green Text.
7
ii. If the cell value is less than 24%, fill the cell with Light Red fill with Dark Red Text.
8
iii. If the cell value is between 24% and 25%, apply Custom Format and fill it with Yellow color.
9
10
11
12
13
14
Instead of allocating bonuses from a Bonus pool, the sales manager decided to allocate a bonus based on Commission Earned and a bonus rate for each of the salesperson. The Bonus rate is given in Table 5 (B38:E40).
Bonus amount = Bonus Rate * Commission amount
(a) Write a formula in B44 to compute the "Bonus amount" based on the Commission amount calculated in Table 3 and the bonus rate in Table 5.
Apply the "Bonus rate" (B40) and the "Commission amount" (B21) to determine the Bonus amount in cell B44 and copy across and down through to cell E47. You should write a formula such that when the formula is copied, it computes the bonus amount correctly. (b) Apply Conditional Formatting to the range C44:C47 (Q2), Add green data bar. Edit the rule and show bar only. (c) Apply Conditional Formatting to the range D44:D47 (Q3), Add red data bar. Edit the rule and change the minimum value to 900 and the maximum value to 1800. (d) The column Q4 – Q1, computes the difference in the bonus amount of Quarter 4 and Quarter 1. Apply Conditional Formatting to the range F44:F47 (Q4 - Q1), Add data bar, gradient fill, Blue data bar (Can be Blue or Light blue). Edit the rule and change the Axis Settings to cell midpoint. (Axis settings can be changed by clicking the Negative Value and Axis Settings button).
The sales manager would like to understand the impact of the commission paid when the commission rate and commission amount changes. They have created Table 7 (A53:F63) and they want you to write the formula to compute the commission amount.
Quarterly sales are given in cell range A55:A63. Commission Rates are given in cell range B54:F54.
15
16
Apply Conditional Formatting to the range B55:F63, Add Color Scale - Apply Red - Yellow - Green color scale
17
18
Monthly net sales are given in Table 8, compute cumulative sales using Formula with appropriate cell references. 19
20
21 i. Apply the Bottom 3 items rule and fill the cell with Light Red fill with Dark Red Text.
22 ii. Apply the above average rule and fill the cell with Green Fill with Dark Green Text.
23
(a) Write a formula in cell B55 to compute the "Quarterly Commission" based on the Quarterly sales and Commission Rates.
Apply the "Quarterly sales" (A55) and the "Commission Rate" (B54) to determine the "Quarterly Commission" in cell B55 and copy over and down through to cell F63. You should write a formula such that when the formula is copied, it computes the commission amount correctly.
Do not hardcode values in the formula; refer cells.
(b) Using a color scale, the sales manager would like to understand the impact on commission amount due to changes in commission rate and quarterly sales.
(a) Write a formula in cell D86 using the SUM Function to calculate "Year to Date Cumulative Net sales" based on the Monthly Net sales amounts in Table 9 (C86:C97).
Apply the "Monthly Net sales" (B86) to determine the "Year To Date Cumulative Net sales" in cell D86 and copy over and down through to cell D97. You should write a formula such that when the formula is copied, it computes the "Year To Date Cumulative Net sales" amount correctly. Hint: Please go through the Learning Exercise 8.6 Video to see how this can be done.
(b) Apply conditional formatting to the Monthly Net sales in the range C86:C97 in Table 8. Apply the following Top/Bottom cell rules.
Gross monthly sales and monthly sales return are given in Table 10 below; compute cumulative sales by creating a Formula using appropriate cell references.
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24
25
(b) Apply Conditional Formatting to the range C103:C114 (Gross Monthly Sales) , Add 3 Arrows (colored) icon sets. 26
27
28 (b) Write a formula in the cell range C126 to compute the Price, Copy it across to G126. The price is constant for all months. 29
(c) Write a formula in the cell range C127 to compute the revenue, Copy it across to G127. 30
31
32 (i) Apply Heading1 to cell A122 (sales & Commission Projections).
33 (ii) Apply input cell style to B118, B119, B120 and B125. 34 (iii) Apply calculation cell style to cell range C125:G127 , B126 and B127.
35 (iv) Apply output cell style to range B128:G128.
36 (v) Apply Heading2 to range B124:G124 (months).
37 (vi) Apply Note style to range A130. 38 Save the file and upload it
Write a formula in cell E103 to calculate "Year to Date Cumulative Net sales" based on the "Gross Monthly sales" and "sales Return" in Table 9 (C103:D114).
Apply the "Gross Net Sales" (C103) and "Sales Return" (D103) to determine the "Year To Date Cumulative Net Sales" in cell E103 and copy over and down through to cell E114. You should write a formula such that when the formula is copied, it computes the "Year To Date Cumulative Net Sales" amount correctly. Hint : Please go through the Learning Exercise 8.6 Video to see how this can be done.
The sales manager wants to forecast the sales and commissions for one of the product. They have created a template as shown below. You are asked to complete the model and Style it as per the instructions.
(a) Write a formula in the cell range C125 to compute the sales. Copy it across to G125 to compute the sales for all months. Sales in Feb = sales in Jan * (1+ sales growth)
(d) Write a formula in the cell range C128 to compute the commission, Copy it across to G128. Commission = Commission rate * Revenue (e) Apply Cell Styles to the cells as indicated in below steps.
Note : Minor deviations from Sample answer can happen due to style customization. You will be awarded points based on the application of Style and not on look and feel of the text.
Total Points
Points
8
8
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2
2
2
8
3
5
5
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3
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3
3
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8
3
4
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2
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3
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100
2021-03-07 20:30:58 | 10692
Table 1
Salesperson
Commission Rate
Brenden Calderon
6.00%
Owen Smith
7.50%
Bailey Cunningham
7.00%
Meredith Palmer
5.00%
Table 2
Sales Amount (in $ '000)
Salesperson
Q1
Q2
Q3
Q4
Brenden Calderon
$ 288,000 $ 300,000 $ 307,000 $ 323,000 Owen Smith
$ 372,000 $ 386,000 $ 359,000 $ 383,000 Bailey Cunningham
$ 408,000 $ 412,000 $ 416,000 $ 364,000 Meredith Palmer
$ 333,000 $ 326,000 $ 325,000 $ 366,000 Table 3
Commission Amount (in $ '000)
Salesperson
Q1
Q2
Q3
Q4
Brenden Calderon
$17,280
$18,000
$18,420
$19,380
Owen Smith
$27,900
$28,950
$26,925
$28,725
Bailey Cunningham
$28,560
$28,840
$29,120
$25,480
Meredith Palmer
$16,650
$16,300
$16,250
$18,300
The commission rate for the salespeople is given in Table 1 (A3:B8), and the salespersons' sales are shown in Table 2 (A10:E16).
Commission amount = Commission rate * sales amount
Write a formula in B21 to calculate "Commission amount" based on the Commission Rate in Table 1 and sales amounts in Table 2.
Apply the "Commission Rate" (B5) and the "Sales Amount" (B13) to determine the Commission amount in cell B21 and copy across a
You should write a formula such that when the formula is copied, it computes the commission amount correctly.
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Table 4
Quarterly Distribution of Commission Amount (% of Total)
Salesperson
Q1
Q2
Q3
Q4
Brenden Calderon
23.65%
24.63%
25.21%
26.52%
Owen Smith
24.80%
25.73%
23.93%
25.53%
Bailey Cunningham
25.50%
25.75%
26.00%
22.75%
Meredith Palmer
24.67%
24.15%
24.07%
27.11%
The sales manager would like to understand the Commission variation as a percentage of the total across the quarters. The formula to compute the % of the total is (quarterly commission of the salesperson)/ (total commission earned by that salespers
(a) Write a formula in B31 to calculate "Quarterly Distribution of Commission amount" based on the Commission amount in Table 3
Apply the "Commission Amount" (B21) and the "Total" (F21) to determine the Quarterly Distribution of Commission amount in cell B
Copy the B31 formula across and down through to cell E34. You should write a formula such that when the formula is copied, it com
(b) Apply conditional formatting to the quarterly distribution data in the range B31:E34 in Table 4. Apply the following highlight cell rules
i. If the cell value is greater than 25%, fill the cell with Green Fill with Dark Green Text.
ii. If the cell value is less than 24%, fill the cell with Light Red Fill with Dark Red Text.
iii. If the cell value is between 24% and 25%, apply Custom Format and fill it with Yellow color.
Instead of allocating bonuses from a Bonus pool, the sales manager decided to allocate bonuses on the basis of Commission Earned The quarterly Bonus rate is same for all salesperson and is given in Table 5 (B38:E40).
(a) Write a formula in B44 to compute the "Bonus Amount" based on the Commission amount calculated in Table 3 and the bonus ra
Apply the "Bonus rate" (B40) and the "Commission amount" (B21) to determine the Bonus amount in cell B44 and copy across and d
You should write a formula such that when the formula is copied, it computes the bonus amount correctly. Do not hardcode values in the formula. Refer cells.
(b) Apply Conditional Formatting to the range C44:C47 (Q2), Add green data bar. Edit the rule and show bar only. (c) Apply Conditional Formatting to the range D44:D47 (Q3), Add red data bar. Edit the rule and change the minimum value to 900 a
(d) The column Q4 – Q1, computes the difference in the bonus amount of Quarter 4 and Quarter 1. Apply Conditional Formatting to the range F44:F47 (Q4 - Q1), Add data bar, gradient fill, Blue data bar (Can be Blue or Light blue). Edit the rule and change the Axis Settings to cell midpoint. (Axis settings can be changed by clicking the Negative Value and Axis Setti
Table 5: Bonus Rate
Q1
Q2
Q3
Q4
3%
5%
6%
3%
Table 6: Bonus Amount
Salesperson
Q1
Q2
Q3
Q4
Brenden Calderon
$518.40
$1,105.20
$581.40
Owen Smith
$837.00
$1,615.50
$861.75
Bailey Cunningham
$856.80
$1,747.20
$764.40
Meredith Palmer
$499.50
$975.00
$549.00
Table 7: Quarterly Commission (Based on the Commission Rate and sales)
5%
6%
7%
8%
$ 120,000 6,000
7,200
8,400
9,600
$ 180,000 9,000
10,800
12,600
14,400
$ 240,000 12,000
14,400
16,800
19,200
$ 300,000 15,000
18,000
21,000
24,000
$ 360,000 18,000
21,600
25,200
28,800
$ 420,000 21,000
25,200
29,400
33,600
$ 480,000 24,000
28,800
33,600
38,400
The sales manager would like to understand the impact of the commission paid when the commission rate and commission amount
They have created Table 7 (A53:F63), and they want you to write the formula to compute the commission amount.
Quarterly sales are given in cell range A55:A63. Commission Rates are given in cell range B54:F54.
(a) Write a formula in cell B55 to compute the "Quarterly Commission" based on the Quarterly sales and Commission Rates.
Apply the "Quarterly Sales" (A55) and the "Commission Rate" (B54) to determine the "Quarterly Commission" in cell B55 and copy o
You should write a formula such that when the formula is copied, it computes the commission amount correctly.
Do not hardcode values in the formula. Refer cells.
(b) Using a color scale, the sales manager would like to understand the impact on commission amount due to changes in commission
Apply Conditional Formatting to the range B55:F63, Add Color Scale - Apply Red - Yellow - Green color scale
Commission Rate (→)
Quarterly Sales (↓)
$ 540,000 27,000
32,400
37,800
43,200
$ 600,000 30,000
36,000
42,000
48,000
Table 8 : Cumulative Net sales
Month
Monthly Net sales January
$ 73,700 73,700
February
$ 93,500 167,200
March
$ 100,050 267,250
April
$ 86,400 353,650
May
$ 82,000 435,650
June
$ 96,800 532,450
July
$ 103,050 635,500
August
$ 94,450 729,950
September
$ 96,100 826,050
October
$ 130,000 956,050
November
$ 141,000 1,097,050
December
$ 120,950 1,218,000
Monthly net sales are given in Table 8, compute cumulative sales using Formula with appropriate cell references. (a) Write a formula in cell D86 to calculate "Year to Date Cumulative Net Sales" based on the Monthly Net Sales amounts in Table 8 Apply the "Monthly Net Sales" (B86) to determine the "Year To Date Cumulative Net Sales" in cell D86 and copy over and down thro
You should write a formula such that when the Formula is copied, it computes the "Year To Date Cumulative Net Sales" amount corr
Hint: Please go through Learning Exercise 8.6, a similar exercise was solved.
(b) Apply conditional formatting to the Monthly Net Sales in the range C86:C97 in Table 8. Apply the following Top/Bottom cell rules
i. Apply Bottom 3 items rule and fill the cell with Light Red Fill with Dark Red Text
ii. Apply above-average rule and fill the cell with Green Fill with Dark Green Text
Year to Date
Cumulative Net sales
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Table 9 : Cumulative Net sales
Month
Gross Monthly Sales Sales' Return
January
$ 80,650 $ 6,950 73,700
February
$ 100,800 $ 7,300 167,200
March
$ 106,250 $ 6,200 267,250
April
$ 94,450 $ 8,050 353,650
May
$ 90,800 $ 8,800 435,650
June
$ 103,350 $ 6,550 532,450
July
$ 108,350 $ 5,300 635,500
August
$ 101,250 $ 6,800 729,950
September
$ 101,800 $ 5,700 826,050
October
$ 140,000 $ 10,000 956,050
November
$ 150,000 $ 9,000 1,097,050
December
$ 130,000 $ 9,050 1,218,000
(a) Gross monthly sales and monthly sales' return are given in Table 9 below, compute cumulative sales using Formula with appropr
Write a formula in cell E103 to calculate "Year to Date Cumulative Net sales" based on the "Gross Monthly Sales" and "Sales' Return
Apply the "Gross Net Sales" (C103) and "Sales' Return" (D103) to determine the "Year To Date Cumulative Net Sales" in cell E103 an
You should write a formula such that when the formula is copied, it computes the "Year To Date Cumulative Net Sales" amount corr
Hint : Please go through the Learning Exercise 8.6, a similar exercise was solved.
(b) Apply Conditional Formatting to the range C103:C114 (Gross Monthly Sales) , Add 3 Arrows (colored) icon sets. Year to Date
Cumulative Net sales
sales growth rate (%)
2%
Price per Unit
21
Commission rate (%)
7%
Sales & Commission Projections
January
February
March
April
Units Sold $ 3,500 $ 3,570 $ 3,641 $ 3,714 Price Per unit (in $)
$ 21 $ 21 $ 21 $ 21 Revenue (Units sold * Price)
$ 73,500 $ 74,970 $ 76,469 $ 77,999 Commission
$ 5,145 $ 5,248 $ 5,353 $ 5,460 Note: Price is assumed to be constant
The sales manager wants to forecast the sales and commissions for one of the products. They have created a template, as shown below. You are asked to complete the model and Style it as per the instructions.
Complete the Model
(a) Write a formula in the cell range C125 to compute the sales. Copy it across till G125 to compute the sales for all months.
sales in Feb = sales in Jan * (1+ sales growth)
(b) Write a formula in the cell range C126 to compute the Price, Copy it across till G126. The price is constant for all months. (c) Write a formula in the cell range C127 to compute the revenue, Copy it across till G127. (d) Write a formula in the cell range C128 to compute the commission, Copy it across till G128. Commission = Commission rate * Revenue
Complete the Style-
(e) Apply Cell Styles to the cells as indicated in below steps. Note : Minor deviations from Sample answer can happen due to style customization. You will be awarded points based on the applic
text.
(i) Apply Heading1 to cell A122 (Sales & Commission Projections).
(ii) Apply input cell style to B118, B119, B120 and B125. (iii) Apply calculation cell style to cell range C125:G127 , B126 and B127.
(iv) Apply output cell style to range B128:G128.
(v) Apply Heading2 to range B124:G124 (months).
(vi) Apply Note style to range A130.
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Total
$73,080
$112,500
$112,000
$67,500
and down through to cell E24.
son).
3.
B31.
mputes the percent of total correctly.
and bonus rate.
ate from Table 5.
down through to cell E47. and the maximum value to 1800. ttings button).
Q4 - Q1
$63.00
$24.75
-$92.40
$49.50
)
9%
10,800
16,200
21,600
27,000
32,400
37,800
43,200
t changes. over and down through to cell F63. n rate and quarterly sales.
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48,600
54,000
(C86:C97) ough to cell D97. rectly.
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riate cell references. n" in Table 10 (C103:D114).
nd copy over and down through to cell E114. rectly.
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May
June
$ 3,789 $ 3,864 $ 21 $ 21 $ 79,559 $ 81,150 $ 5,569 $ 5,680
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cation of Style and not on look and feel of the
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2021-03-07 20:30:58 | 10692
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Table 3
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ty
cultural
Spouse's
willingne allowanc
ss to
travel
Spouseoverseas
job
assistanc
compete Prior
ncies internati
onal
experienc
Age
Host
country
housing
assistanc
Income
tax
equalisati
on policy
Overseas
health
care plan
Length of
the
foreign
assignme Career
nt
and
repatriati
Receptivity
to
Internation
al Careers
Family
status
Gender
Marital
status
Educatio
n
Destinati
Opportun on
on Company ities for country
planning culture
career
support
(Tarique et al., 2015)
Tarique et al. (2015) developed the receptivity to international careers framework. Reflecting on
generational differences in contemporary organisations, you are required to evaluate this model
critically by addressing the following:
1. Identify the factors that are more important to Gen X, Gen Y, and Gen Z in their receptivity to
international assignments. (1,500 words)
2. Critically discusses how factors such as culture, personality and skills/experience may impact…
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write a 1-2 page memo to your manager discussing the steps you took to complete each business process modeling notations (BPMN).
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Retail companies with today’s online, as well as in-store sales have a lot of data to keep track of!
Keeping track of sales, costs, and profits daily is essential to making the most of a business. This exercise illustrates how to use the skills presented in this Module to generate the data needed daily by a retail company.
Create the following calculated columns.
a) In I4, and J4, use a VLOOKUP function that will look up the Product Price and Product
Cost based on the Product Sold column which lists an ID number. [Hint: The Product Table
sheet lists the Price and Cost] If any error messages appear, check the Range Lookup.
b) In K4, use a formula to calculate Profit. Hint: Profit =(Product Price-Product
Cost)*Units Sold
Format columns I, J, and K as currency with two decimal places.
Make a copy of the Sales sheet and rename it Online Sales by Date. Place this sheet to the right of the Sales sheet. Answer the following question by filtering the data accordingly.
a) What was the…
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How are the weights calculated in this answer? How does one calculate the weights and weighted cost for each item in the table? What are the steps to arrive at the answer?
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GIVEN THE FOLLOWING DATA, COMPUTE FOR THE FOLLOWING:
1. STRAIGHT LINE METHOD
2. ARITHMETIC GEOMETRIC CURVE
3. STATISTICAL PARABOLIC CURVE
WRITE A RECOMMENDATION REGARDING THE RESULTS AND WHICH OF THE
NETHOD IS BEST FIT FOR THE DATA.
Nate: answer on a separate document. Use excel in compute.
2.
Supposed this is Yc
(straightline)
450,000
370,000
750,000
1,100,000
1,500,000
1,000,000
1,700,000
2,000,000
1,900,000
2,300,000
Yi + 1
(Geometric)
YEAR
SALES
415,000 1
356,000
703,556
1,023,400
1,308,905
900,573
1,504,789
1,705,932
1,895,890
2,094,256
450,000
370,000
750,000
1,100,000
1,500,000
1,000,000
1,700,000
2,000,000
1,900,000
2,300,000
2011
2012
2013
3
2014
4.
2015
2016
6.
2017
2018
8
2019
2020
10
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Open the datafile named StartSalary (attached).
Follow the instructions under “using Excel’s Descriptive Statistics Tool in Chapter 3 of textbook.
Develop Figure 3.8. Make sure to use Microsoft Excel functions to generate the descriptive statistics.
Upload the final figure showing descriptive statistics.
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Further info is in the attached images
For the Excel part of the question give the solutions in the form of the Excel equations. Please and thank you! :)
Download the Applying Excel form and enter formulas in all cells that contain question marks.
For example, in cell B34 enter the formula "= B9".
After entering formulas in all of the cells that contained question marks, verify that the dollar amounts match the example in the text.
Check your worksheet by changing the beginning work in process inventory to 100 units, the units started into production during the period to 2,500 units, and the units in ending work in process inventory to 200 units, keeping all of the other data the same as in the original example. If your worksheet is operating properly, the cost per equivalent unit for materials should now be $152.50 and the cost per equivalent unit for conversion should be $145.50.
Thank you!
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Microsoft or Tableau
Using the skills you have gained throughout this text, use Microsoft Power BI or Tableau Desktop to complete the generic tasks presented below:
Build a new dashboard (Tableau) or page (Power BI) called Financial that includes the following:
Create a new workbook, connect to 10-1 O2C Data.xlsx, and import all seven tables. Double-check the data model to ensure relationships are correctly defined as shown in Exhibit 10-1.
Add a table to your worksheet or page called Sales and Receivables that shows the invoice month in each row and the invoice amount, receipt amount, adjustment amount, AR balance, and write-off percentage in the columns. Tableau Hint: Use Measure Names in the columns and Measure Values in the marks to create your table. Then once your table is complete, use Analytics > Summarize > Totals to calculate column totals.
You will need to create a new measure or calculated field showing the account AR Balance, or the total invoice amount minus…
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Could you help me with this simulation I have attached both images?
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Recommended textbooks for you
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