Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Group al the worksheets in the workbook and fill the range A1:F1 from the Insurance worksheet across all worksheets maintaining the formatting. Ungroup the worksheets

image text in transcribed
Group al the worksheets in the workbook and fill the range A1:F1 from the Insurance worksheet across all worksheets maintaining the formatting. Ungroup the worksheets after the fill is complete and ensure the Insurance worksheet is active. Click cell 15 and enter a function that determines the number of full-time employees, (FT). Enter a function in cell 16 that determines the average salary of all full-time employees. Format the results in Accounting Number Format. Enter a lookup function in cell Es that returns the tax deduction amount for the number of dependents listed in the cell C5. Use the table in range H13:117 to complete the function. The maximum deduction is $500.00; therefore, employees with more than four dependents will receive no additional deductions. Use Auto Fill to copy the function down, completing column E. Be sure to use the appropriate cell referencing. Format the data in column E with the Accounting Number Format. Enter a logical function in cell F5 that calculates employee FICA withholding. If the employee is full-time and has at least one dependent, then he or she pays 7% of the annual salary minus any deductions. All other employees pay 5% of the annual salary minus any deductions. Copy the function down through column F. Format the data in column F with Accounting Number Format. Apply conditional formatting to the range CS:C34 that highlights any dependents that are greater than 3 with Light Red Fill and Dark Red Text. Click cell H10, and enter an AVERAGEIFS function to determine the average salary of full-time employees with at least one dependent. Format the results in Accounting Number Format. Use Advanced Filtering to restrict the data to only display full-time employees with at least one dependent. Place the results in cell A37. Use the criteria in the range H24:M25 to complete the function. Ensure that the Facilities worksheet is active. Use Goal Seek to reduce the monthly payment in cell B6 to the optimal value of $6000. Complete this task by changing the Loan amount in cell E6. Group al the worksheets in the workbook and fill the range A1:F1 from the Insurance worksheet across all worksheets maintaining the formatting. Ungroup the worksheets after the fill is complete and ensure the Insurance worksheet is active. Click cell 15 and enter a function that determines the number of full-time employees, (FT). Enter a function in cell 16 that determines the average salary of all full-time employees. Format the results in Accounting Number Format. Enter a lookup function in cell Es that returns the tax deduction amount for the number of dependents listed in the cell C5. Use the table in range H13:117 to complete the function. The maximum deduction is $500.00; therefore, employees with more than four dependents will receive no additional deductions. Use Auto Fill to copy the function down, completing column E. Be sure to use the appropriate cell referencing. Format the data in column E with the Accounting Number Format. Enter a logical function in cell F5 that calculates employee FICA withholding. If the employee is full-time and has at least one dependent, then he or she pays 7% of the annual salary minus any deductions. All other employees pay 5% of the annual salary minus any deductions. Copy the function down through column F. Format the data in column F with Accounting Number Format. Apply conditional formatting to the range CS:C34 that highlights any dependents that are greater than 3 with Light Red Fill and Dark Red Text. Click cell H10, and enter an AVERAGEIFS function to determine the average salary of full-time employees with at least one dependent. Format the results in Accounting Number Format. Use Advanced Filtering to restrict the data to only display full-time employees with at least one dependent. Place the results in cell A37. Use the criteria in the range H24:M25 to complete the function. Ensure that the Facilities worksheet is active. Use Goal Seek to reduce the monthly payment in cell B6 to the optimal value of $6000. Complete this task by changing the Loan amount in cell E6

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Audit And Assurance Study Text

Authors: Get Through Guides

1st Edition

1848080255, 978-1848080256

More Books

Students also viewed these Accounting questions

Question

2 Find all invertible elements in 72 330

Answered: 1 week ago