Office 2016 MyITLab MS-Excel Grader EX16_XL_CH02_GRADER_CAP_HW – Inland Jewelers 1.12 / Exp19_Excel_Ch02_CapAssessment_Inland_Jewelers


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You are an account manager for Inland Jewelers, a regional company that makes custom class rings for graduating seniors. Your supervisor requested a workbook to report on new accounts created on payment plans. The report should provide details on total costs to the student as well as payment information. Each ring financed has a base price that can fluctuate based on ring personalization.

Steps to Perform:

Step Instructions Points Possible
1 Start Excel. Download and open the file named exploring_e02_grader_h1.xlsx. 0
2 Insert a function in cell B2 to display the current date from your system. 10
3 With cell B2 selected, set the width of column B to AutoFit. 2
4 Insert a VLOOKUP function in cell C5 to display the ring cost for the first student. 14
5 Copy the formula from cell C5 to the range C6:C11. 6
6 Apply Accounting number format to the range C5:C11. 3
7 Insert an IF function in cell E5 to calculate the total due. If the student has chosen to personalize the ring, there is an additional charge of 5% located in cell B21 that must be applied; if not, the student only pays the base price. Use appropriate relative and absolute cell references. 14
8 Copy the formula from cell E5 to the range E6:E11. 6
9 Apply Accounting number format to the range E5:E11. 3
10 Insert a function in cell G5 to calculate the first student’s monthly payment, using appropriate relative and absolute cell references. 14
11 Copy the formula from cell G5 to the range G6:G11. 7
12 Apply Accounting number format to the range G5:G11. 3
13 Calculate totals in cells C12, E12, and G12. 7
14 Apply Accounting number format to the cells C12, E12, and G12, if necessary. 2
15 Set 0.3” left and right margins and ensure the page prints on only one page. 5
16 Insert a footer with your name on the left side, the sheet name in the center, and the file name on the right side. 4
17 Save the workbook. Close Excel. Submit the file as directed by your instructor. 0
Total Points 100
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  • File Format (Solution File): .xlsx
  • Version: 2016
  • File Format (Guide): .PDF