Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Help me answers the following. Instructions 2.On the RentalData worksheet, in cell E6 , enter a date formula to determine the length of rental in

Help me answers the following.

Instructions

2.On the RentalData worksheet, in cell E6, enter a date formula to determine the length of rental in days. Copy this formula to the range E7:E32.

Hint:

In cell E6, type =DATEDIF(C6,D6,"D"), and then press ENTER. Double-click the AutoFill handle of cell E6.

3.Assigned a named range of RentalRates to cells A37:B40.

Hint:

Select cells A37:B40, in the Name Box type RentalRates, and then press ENTER.

4.In cell G6, use the appropriate lookup and reference function to retrieve the rental rate from the named range RentalRates. The function should look for an exact matching value from column A in the data. Copy the function down the column to cell G32.

Hint:

In cell G6, type =VLOOKUP(A6,RentalRates,2,FALSE), and then press ENTER.

5.Assign a named range of Discount to cell B42 and a named range of GasCost to cell B44.

Hint:

Select cell B42, in the name box, type Discount, and then press Enter. Select cell B44, in the name box, type GasCost, and then press ENTER.

6.In cell H6, enter a formula to determine any discount that should be applied. If the payment method was Express Miles or Rewards, the customer should receive the discount shown in B42. If no discount should be applied, the formula should return a zero. Use the named range for cell B42, not the cell address, in this formula. Copy the formula to the range H7:H32.

Hint:

In cell H6, type =IF(OR(F6="Express Miles",F6="Rewards"),Discount,0), and then press ENTER.

7.In cell J6, enter a formula to determine the cost of gas if the customer chose that option as indicated in column I. If the customer did not choose the option, then the formula should return zero. Use the named range for cell B44 in this formula. Copy the formula to the range J7:J32.

Hint: In cell J6, type =IF(I6="y",GasCost,0), and then press ENTER.

8.In cell K6, enter a formula to determine the total cost of the rental based on the daily rate, the number of days rented, the cost of gas, and any discount given to the customer. Note that the discount applies only to the car rental, not the cost of gas. Copy the formula to the range K7:K32.

Hint:

In cell K6, type =E6*G6*(1-H6)+J6, and then press ENTER.

9.In cell B46, use the appropriate function to calculate the median length of rental in days

Hint:

In cell B46, type =MEDIAN(E6:E32), and then press ENTER.

10.In cell B47, use the appropriate function to count the number of rentals in the data, using the data in column A.

Hint: In cell B47, type =COUNTA(A6:A32), and then press ENTER.

11.On the ClientData worksheet, use Flash Fill to separate the client names in column A to the FirstName and LastName columns respectively. Mac users will need to use the Text to Columns feature. Select the range A2:A26. On the Data tab, click Text to Columns. Select Space as the Delimiter and =$B$2 as the Destination.

Adjust column width of columns B and C if necessary.

Hint: In cell B2, type Dawn, and then press ENTER. In cell B3, type La, and then press Enter to accept the Flash Fill suggestions. In cell C2, type Schalow, and then press ENTER. In cell C3, type Ka, and then press ENTER to accept the Flash Fill suggestions.

12.Insert the File Name in the left footer section of all worksheets in the workbook.

Hint: Use the Insert tab to create footers and use the tools in the Header & Footer Elements group to add the File Name to the left footer section of each worksheet.

13Save the workbook. Close the workbook and then exit Excel. Submit the workbook as directed.

image text in transcribed
Express Car Rental Rentals Initiated in Week Starting 4/5/2017 Created by Jason Easton Date Returned/or Payment Amount of Cost of Auto Type Auto Id Date Rented Expected Return #Days Rented Method Daily Rate Discount Gas Option Gas Total Cost Green Collection 4/5/17 4/3/17 Credit Card In Compact/Midsize 275 4/5/17 4/10/17 COD Compact/Midsize 277 4/9/17 4/10/17 Express Miles n Green Collection 4/5/17 4/6/17 Credit Card Fullsize/Standard 350 4/5/17 4/8/17 Credit Card SUV/Minivan 4/5/17 4/9/17 Rewards SUV/Minivan 4/7/17 4/10/17 Credit Card Fullsize/Standard 352 4/7/17 4/9/17 Credit Card Green Collection 989 4/6/17 4/9/17 Credit Card Compact/Mickize 275 4/11/17 4/15/17 COD Fullsize/Standard 356 4/9/17 4/16/17 Credit Card Fullsize/Standard 356 4/6/17 4/3/17 Credit Card Fullsize/standard 350 4/9/17 4/13/17 Rewards SUV/Minivan 4/3/17 4/14/17 Express Miles SUV/Minivan 4/11/17 4/17/17 OOD Green Collection 4/9/17 4/15/17 Credit Card Green Collection 989 4/10/17 4/16/17 Express Miles Green Collection 990 4/7/17 4/10/17 Credit Card Fullsize/Standard 356 4/9/17 4/10/17 Rewards SUV/Minivan 551 4/11/17 4/15/17 Express Miles SUV/Minivan 554 4/7/17 4/9/17 Express Miles Fullsize/Standard 352 4/10/17 4/11/17 Credit Card Fullsize/Standard 356 4/11/17 4/17/17 Express Miles Compact/Mickize 276 4/11/17 4/14/17 Credit Card Compact/Midsize 277 4/11/17 4/15/17 Rewards SUV/Minivan 954 4/10/17 4/12/17 COD Green Collection 980 4/11/17 4/18/17 Express Miles Rental Rates Green Collection $49 99 Compact/Midsize $7649 Fullsize/Standard $84.99 SUV/Minivan $104.99 Clocount for Express Miles or Rewards Cost to Fill Tank $65 00 Median Rental Length Number of Rentals

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

Core Concepts Financial Analysis

Authors: Gary Giroux

1st Edition

047146712X, 9780471467120

More Books

Students also viewed these Accounting questions

Question

What is Larmors formula? Explain with a suitable example.

Answered: 1 week ago

Question

8. What values do you want others to associate you with?

Answered: 1 week ago