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I am not too savvy and need some assistance with these steps.
I am doing an assignment and using excel. I am not too savvy and need some assistance with these steps.
Expenses costs include maintenance, cleaning, and administrative
expenses associated for a car rental. The Expenses for one rental
transaction will be determined from the values specified in the
worksheet. DO NOT enter the values in this column on a cell by cell
basis.
a. In the first cell directly under the Expenses label, calculate the
total Expenses that corresponds to the number of cars rented
IN THAT ROW (NumCars) using an "IF" statement to as part
of the formula to determine the value of Expenses for one
vehicle.
b. First, use the "IF" statement to determine the single vehicle
Expenses and second, edit the cell contents to multiply it by
the NumCars so that the Expenses value represents the total
Expenses costs for the Number of Cars (NumCars) rented
that row. Expenses = Numcars * Expense per Car
c. Use the absolute cell address for the numerical Expenses
value for ONE vehicle which should then be multiplied by the
number of cars in each row.
d. Adjust column width as needed to eliminate truncation after
format adjustments.
the use of absolute cell addresses allows those Expenses
values to be changed and then by recalculation, update the entire
Excel table. It can be helpful to double-check a hybrid and a nonhybrid
row with a calculator for calculation accuracy.