Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Start Excel. Open the downloaded file named Excel_BU05_A2_HotelConventions.xlsx. Grader has automatically added your last name to the beginning of the filename. Save the file to

image text in transcribed
image text in transcribed
Start Excel. Open the downloaded file named Excel_BU05_A2_HotelConventions.xlsx. Grader has automatically added your last name to the beginning of the filename. Save the file to the location where you are storing your files. 2 A list of businesses has been provided in a text file. These businesses need to be contacted but first the data needs to be imported into Excel and transformed. Establish a connection to the text file Excel_BU05_A2_Businesses.txt. The City/State data is organized with the city name, then the state abbreviation. For example, Prescott Valley NM where Prescott Valley is the city and NM is the state. Split the City/State column into two individual columns, City and State. Remove the City/State field, if necessary. 4 Close & Load the data to cell A1 of the NewBusinesses worksheet. 5 You have been asked to create a two-variable data table that analyzes the changes in monthly payments as the hotel considers different interest rates and down payments. On the LoanAnalysis worksheet, in cell E4, reference the monthly payment calculation in cell B7. . Create a two-variable data table using the range E4 K10. Use the interest rate as the row input for the data table. Use the down payment for the column input for the data table. 7 Format the data in cells F5 K10 as Currency. Use conditional formatting to apply a Red- Yellow-Green color scale to the data 8 The Painted Paradise Resort and Spa is considering adding two new meeting rooms, which have yet to be named. One room will hold 250 people, while the other will hold 125. The RoomScheduling worksheet contains a model that describes the pricing model for scheduling conference meeting rooms. Begin to create a Solver model that will help Painted Paradise maximize their profit by scheduling events. Use the Net Income in cell C24 as the Set Objective cell. Use the Events per Month in cells E5:E9 as the By Changing Variable Cells box Add a constraint that limits the number of events in each room per month to

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

Bond Markets Analysis And Strategies

Authors: Frank J. Fabozzi

4th Edition

0130402664, 9780130402660

More Books

Students also viewed these Finance questions