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7. The CFO would like you to prepare some data visualizations that depict trends in sales, net income, and cash collections. Accordingly, use Charts
7. The CFO would like you to prepare some data visualizations that depict trends in sales, net income, and cash collections. Accordingly, use Charts to do the following: (Note that for all questions below you may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) a. Go to the "Sales Budget" tab and create a line chart that provides a monthly sales trend analysis. b. Which of the following statements are true based on the line chart that you created in requirement 7a? The company's sales peak during the summer months. The company's lowest sales occur in February. The company's sales are relatively consistent throughout the year. The monthly sales continuously drop from August through December. c. Go to the "Sales Budget tab and create a line chart that includes the monthly sales trend analysis from requirement 7a plus another trend line pertaining to the monthly cash collections from customers. d. Which of the following statements are true based on the line chart that you created in requirement 7c? ? The company's sales are seasonal, but its cash collections are relatively constant throughout the year. ? The company's cash collections lag its sales. The company's sales lag its cash collections. ? The company's cash collections are seasonal, but its sales are relatively constant throughout the year. e. Go to the "Budgeted Income Statements" tab and create a line chart that includes the monthly sales trend analysis from requirement 7a plus another trend line pertaining to monthly net income. f. Which of the following statements are true based on the line chart that you created in requirement 7e? ? The sales peak during the winter months and net income peaks during the summer months. ? The sales peak during the summer months and net income peaks during the winter months. ? The sales and net income both peak during the summer months. ? The sales and net income both peak during the winter months.
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