These are questions from an ebook. What are the processes to answer the questions on microsoft excel?

Tan family. Last year, the Tan household spent $11,000 on food, $5,900 on trans- port- ation, and $7,200 on other expenses. The cost increases per year by official estimates for food is 4.5%, transportation is 6.2%, and others are 8%. The family's total income in the previous year was $24,500. This is expected to grow per year by only 3.2%. Their bank balance at the start of last year was $2,000.

a. Construct a spreadsheet model to evaluate for this year and two more years ahead. Sketch the Influence diagram of your model.

b. Provide answers to various pertinent questions: What proportion of income was and will be spent on the various expenses? What do the current and projected savings and bank balances look like?

c. What should be their minimum income growth rates to ensure the family's

i) bank balances stay above 0,

ii) incomes keep up with expenses, and

iii) bank balances stay above $2,000?

d. What if they tighten their belt and control cost growth for food to 4%, transportation to 5%, and others to 6%? What again would the minimum income growth rates need to be?

Aunty May. Aunty May has taken a loan from the bank to start a new business. She expects a first year revenue of $50,000 and, thereafter, revenue growing at 8% per year. Her non-loan expenses are initially $30,000 per year and this grows at 4% per year. Her loan repayment is $25,000 per year for 5 years.

a. Construct a spreadsheet model to examine Aunty May's business financials.

b. Is the business viable within the first 8 years? When does it break even?

c. Do you think the loan amount is sufficient for overcoming cashflow concerns?

How do you know?

d. What if the first-year revenue is $45,000, growing at 7%; first-year expense is

$25,000, growing at 3%; and loan repayment is $20,000 per year for 5 years?

Based on experiences of running a virtual company in MonsoonSIM or working in a company, (a) Describe two ways how you can increase the net profit for your company by analyzing some key performance indicators such as sale volume, staff utilization and production. . (b) You may refer to the virtual company in MonsoonSIM or any company that you have worked for as reference, discuss how the organization manages risks and gives a detailed explanation of your recommendations.