Excel: Basic Formulas & Functions - Practical 4

 


Create the below table as it is in a new Excel workbook.

Item Name

Total Items

Units Sold

Price ($)

Smartphone

150

120

700

Laptop

100

60

1200

Tablet

200

140

350

Smartwatch

180

100

250

Bluetooth Speaker

220

180

80

Wireless Earbuds

300

250

50

Digital Camera

90

45

850

Gaming Console

70

50

500

External Hard Drive

200

150

100

Smart TV

50

40

1000

  • Change the header row's font size to 12 and make the text bold.
  • Fill the header row cells with black colour and change the font colour of the header row to white.
  • Remove the dollar ($) sign from the price column header. Change the data format of the price column to currency and set it dollars ($) with two decimal places and a thousand separator.
  • Create a new column in between Total Items and Units Sold. Name it Units Unsold. Use the formula below to calculate the units unsold. Units Unsold = Total Items - Units Sold
  • Add another column next to the price. Name it as selling price. Calculate the selling price using the below  formula. Selling Price = Price + Price * 20%
  • Create another column next to the selling price. Name it Total Sales per Item. Use the formula below to calculate the total sales per item. Total Sales per Item = Units Sold * Selling Price
  • Create another column next to the Total Sales per Item. Name it Total Spend per Item. To calculate the total spend per item, use the formula provided below. Total Spend per Item = Total Items * Price
  • Create another column next to the Total Spend per Item. Name it Profit/Loss Amount. Calculate the Profit/Loss amount using the below formula. Profit/Loss Amount = Total Sales per Item - Total Spend per Item
  • Below the data table, calculate the net total profit/loss amount. To do that, use the SUM function.
  • Create another column next to the profit/loss amount. Name it Status. Display the status based on the profit/loss amount. If the profit/loss amount is greater than 0, then display "profit," otherwise display "loss."
  • Count and display the number of items on the table. To do this, use the COUNT function.
  • Count and display the number of unsold items when they exceed 20. Use the COUNT function.
  • Count and display the number of items that are profitable. Use the COUNT function.





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