Group worksheets for Rosie’s Flowers Quarters 1-4 and calculate the following: REVENUE, COSTS, NET INCOME (net income=revenue-costs). Costs are 40% of revenue, as referenced in cell B9.   Create a summary sheet that shows totals for the entire year. The layout/design should be the same as the Qtr 1- 4 worksheets. Adjust the heading. Using formulas, static consolidation, or dynamic consolidation, calculate yearly totals for Rosie in all areas. In cell A14 on the summary sheet, indicate which method you used to calculate totals. In cell A15, enter your name.

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 3.1C
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  1. Group worksheets for Rosie’s Flowers Quarters 1-4 and calculate the following: REVENUE, COSTS, NET INCOME (net income=revenue-costs). Costs are 40% of revenue, as referenced in cell B9.

 

  1. Create a summary sheet that shows totals for the entire year. The layout/design should be the same as the Qtr 1- 4 worksheets. Adjust the heading.
  • Using formulas, static consolidation, or dynamic consolidation, calculate yearly totals for Rosie in all areas. In cell A14 on the summary sheet, indicate which method you used to calculate totals. In cell A15, enter your name.
%24
%24
Rosie's Flowers
Rosie's Flowers
1st Quarter 2018
2nd Quarter 2018
Regular
Mother's Day
Birthday
Birthday
Regular
Mother's Day
Sales Volume:
450
675
550
Sales Volume:
009
Selling Price:
45 $
52
52
$ 09
Selling Price:
45 $
2$
$ 09
Revenue
Revenue
Costs
%00
Costs
%00
Net Income
Net Income
Rosie's Flowers
Rosie's Flowers
3rd Quarter 2018
Regular
Mother's Day
Birthday
4th Quarter 2018
Sales Volume:
450
625
Regular
Mother's Day
Birthday
550
Sales Volume:
575
425
Selling Price:
45 $
52
$ 09
52
Selling Price:
45 $
2$
$ 09
Revenue
Revenue
Costs
%0
Costs
%0
Net Income
Net Income
Transcribed Image Text:%24 %24 Rosie's Flowers Rosie's Flowers 1st Quarter 2018 2nd Quarter 2018 Regular Mother's Day Birthday Birthday Regular Mother's Day Sales Volume: 450 675 550 Sales Volume: 009 Selling Price: 45 $ 52 52 $ 09 Selling Price: 45 $ 2$ $ 09 Revenue Revenue Costs %00 Costs %00 Net Income Net Income Rosie's Flowers Rosie's Flowers 3rd Quarter 2018 Regular Mother's Day Birthday 4th Quarter 2018 Sales Volume: 450 625 Regular Mother's Day Birthday 550 Sales Volume: 575 425 Selling Price: 45 $ 52 $ 09 52 Selling Price: 45 $ 2$ $ 09 Revenue Revenue Costs %0 Costs %0 Net Income Net Income
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