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CGS 2100 Valencia College Lab Wk5 Apartments Acquisition Analysis Worksheet

CGS 2100 Valencia College Lab Wk5 Apartments Acquisition Analysis Worksheet

Question Description

Lab Overview

Scenario/Summary

Summit Ridge Mountain Resorts has decided to expand. Because of the popularity of the resort among the business community and families, Summit Ridge has decided to purchase some apartments for guests and seasonal employees to have an extended stay. Because these will prove to be a long-term investment, Summit Ridge has decided to put all complexes on a remodeling rotation to ensure the apartments each have a modern and functional style.

It is now your job to analyze the information regarding the apartments. The owners are looking for some specific information about rentals by apartment size (such as the number of bedrooms per apartment). Based on current housing interest rates, Summit Ridge is considering a sixth apartment complex and has asked you to perform some financial calculations and analyses to determine how adding this new complex to their portfolio enhances the resort’s financial position. They will then use this information to come up with a marketing plan to attract additional customers to the resort.

Remember that you are making a professional analysis and presentation, so be sure to give some thought to what you are trying to recommend to the management of Summit Ridge and why.

Deliverables

After completing the steps below, turn in one Excel 2016 workbook. Rename the workbook with your lastname_first initial_Week5_Lab. xlsx. Example: If your name were Jane Doe, your workbook would be Doe_J_Week5_Lab.xlsx.

Week 5 Grading Rubric

Lab 5 – Mountain Statistical Analysis
Step Task Points Possible Points Received Comments
1 Insert Functions
1a Insert nested function for pet deposit 5
1b Insert nested function for Remodeling Status 5
1c Apply professional formatting to data, headers, etc. 3
2a Create a search
2a, b Use the INDEX function to give the rental price based on unit # 5
3 Loan Amortization
3a Complete Summary Calculations based on data provided in Input area 5
3a Calculate Monthly Payment and Total Interest over the life of the loan 3
3B In the loan amortization table., Use a date function for the Payment Date and financial functions for Interest and principle 4
3b Calculate the ending and beginning balance and then copy the rows down to complete at least 10 months of the amortization schedule 5
4 Conditional Functions
4a,b On the Employee Satisfaction worksheet, calculate the average job satisfaction for each role in the company 6
4c,d Calculate the Average salary for all employee types 6
4e Calculate Number and Average salary for Sales & Marketing Directors with >=4 Satisfaction 6
4g Apply Count and average salary to Managers 6
4h Create a Pivot Table based on employee role to compare satisfaction and salary averages 8
5 Documentation
5a,c Add and complete a Documentation sheet with all required information, including sheet descriptions 4
5b Ensure tabs have descriptive names and distinct colors 4
Comment: What you learned from completing this Lab 5
TOTAL POINTS 80 0

Lab Resources

Microsoft Office: Excel 2016

Options for Accessing Microsoft Excel 2016

  1. Use a personal copy on your PC. You can request a copy of Microsoft Office 2016 via the Student Software Store icon on the Course Resources page.
  2. If you are a MAC user, click to read the MAC User Information (Links to an external site.).
  3. If you do not have Excel 2016 installed locally, then access the software by going to the Course Resources page, Lab Resources section, and click the Virtual Lab Citrix icon.

Lab Steps

Preparation

You will be using Microsoft Excel 2016 for this lab.

Be sure you have read the required chapter materials and reviewed the hands-on exercise videos located on the Lesson page before you begin the lab.

Please do not rely solely on the hands-on exercise videos to complete this week’s lab. The videos provide detailed examples walking you through the hands-on exercises. Applying the hands-on exercise examples will provide both practice and instruction of what to complete.

Begin: Open and Save

Download the spreadsheet Copy of Student_File_Week5.xlsx

To save the spreadsheet with a new file name,

  • open the workbook in Excel 2016; and
  • in Excel, click File, then Save as, and rename it as lastname_first initial_Week5_Lab.xlsx (Jane Doe would save the file as Doe_J_Week5_Lab.xlsx).

Step 1: Insert Functions

  1. Select the Search worksheet and then the Pet Deposit column. Create a formula to determine the required pet deposit for each unit. If the unit has two or more bedrooms and was remodeled after 2006, the deposit is $150; if not, it is $100.
  2. The Recommendation column needs a nested function to indicate the remodeling status. If the apartment is unoccupied and has not been remodeled before 2006, then display “Please remodel” in the Recommendation column. Display ” ~ No Change” for apartments that do not meet the former criteria.
  3. Make sure each field has the appropriate professional formatting for titles, headers, currency, percent, and so forth. Your worksheets need to be readable, clean, and professional. Please let spell-check work for you; use this feature to check for spelling errors.

1

Step 2: Quick Search

Now that all of the rental properties are listed and organized, the owners would like to be able to search through the apartment numbers and return the price of the apartment number listed.

  1. Insert number 1301 in cell B3. B3 is the cell that will be used to research apartment unit prices.
  2. Create a nested lookup function in cell E3. Look up the rental price in column D using the apartment unit number in cell B3. (Use the INDEX function.)
  3. Make sure each field has the appropriate professional formatting for titles, headers, currency, percent, and so forth. Your worksheets need to be readable, clean, and professional. Please let spell-check work for you; use this feature to check for spelling errors.

Step 3: New Apartment Loan Amortization

Summit Ridge Ski owners want to purchase a sixth apartment complex. This decision is under review. Here are the details of their offer. The loan amount is $950,000 with a down payment of $400,000 for 30 years at 5.325%, with the first payment due on January 20, 2017. Please consider the loan calculations and build a loan amortization table on the Loan worksheet. Click on the Loan worksheet to begin.

  1. Enter the loan details provided above in the Input Area and place formulas to create all calculations in the Summary Calculations. The loan payment is at the end of the period.
  2. Create a loan amortization table. The Payment Date column needs a date function. The Interest Paid and Principal Payment columns require financial functions.
  3. Create a custom footer with your name on the left side, the page and page number in the center, and your professor’s name on the right side of each worksheet. Make sure you put the page back to normal view after you insert the footer at the bottom.
Loan Details

Step 4: Conditional Functions

In addition to adding the new apartments to their financial portfolios, the owners of Summit Ridge Ski Resort would like to ensure that they are paying their employees at market value and want to continue to encourage employees to stay with the company. Another phase of your project is to research all employee salaries to see if they have any effect on job satisfaction. Employee satisfaction surveys allow the company to get a pulse for how content employees are. A voluntary survey was administered to a cross-section sample of all employees in the company. This next bit of work will be on the Employee Satisfaction Worksheet.

  1. Calculate the average job satisfaction for Administrative Assistant in cell I5. Format the results with the number format and two decimal positions.
  2. Use the fill handle from cell I5 to copy the function down through the range I6:I11. Make certain to consider the appropriate mixed and/or absolute cell referencing.
  3. Calculate the average salary of all Administrative Assistants and place the result in cell J5.
  4. Use the fill handle from cell J5 to copy the function down through the range J6:J11. Make certain to consider the appropriate mixed and/or absolute cell referencing.
  5. Calculate the number of Sales and Marketing Directors in cell I14 that have a job satisfaction level of 4 or above.
  6. Calculate the average salary of Sales and Marketing Directors in cell I15 that have a job satisfaction level of 4 or above.
  7. Use a process like that demonstrated in steps E and F to calculate the total number and the average salary of Managers that have a job satisfaction of 4 or greater.

  1. Use the Employee Satisfaction data to create a Pivot Table showing the average salary and Job Satisfaction by Position (rows). Format professionally and sort highest salary to lowest.

Step 5: Create a Documentation Sheet

Clean up the formatting of your Excel workbook, taking into account professional appearance.

The Minimum Requirement (per the Grading Rubric)

  1. Insert a new spreadsheet into the workbook. The Documentation sheet should be the first sheet in the workbook.
  2. Make certain each tab has a descriptive name and color for each tab (sheet) in the workbook.
  3. Create the professional documentation worksheet. Be sure to include a description of each worksheet. An image is provided below.
Week 5 Documentation Sheet

Transcript (Links to an external site.)

Finish and Submit

Save your Excel file. Make sure you are aware as to where your files are physically saved. Saving your file often is good practice (Ctrl + s).

Your Excel file should contain five worksheets.

  • Documentation Page
  • Search
  • Loan
  • Employee Satisfaction
  • Satisfaction Pivot Table

How to Place an Order

  1. Clіck оn the Place оrder tab at the tоp menu оr “Order Nоw іcоn at the bоttоm, and a new page wіll appear wіth an оrder fоrm tо be fіlled.
  2. Fіll іn yоur paper’s іnfоrmatіоn and clіck “PRІCE CALCULATІОN” at the bоttоm tо calculate yоur оrder prіce.
  3. Fіll іn yоur paper’s academіc level, deadlіne and the requіred number оf pages frоm the drоp-dоwn menus.
  4. Clіck “FІNAL STEP” tо enter yоur regіstratіоn detaіls and get an accоunt wіth us fоr recоrd keepіng.
  5. Clіck оn “PRОCEED TО CHECKОUT” at the bоttоm оf the page.
  6. Frоm there, the payment sectіоns wіll shоw, fоllоw the guіded payment prоcess, and yоur оrder wіll be avaіlable fоr оur wrіtіng team tо wоrk оn іt.

Nоte, оnce lоgged іntо yоur accоunt; yоu can clіck оn the “Pendіng” buttоn at the left sіdebar tо navіgate, make changes, make payments, add іnstructіоns оr uplоad fіles fоr the оrder created. e.g., оnce lоgged іn, clіck оn “Pendіng” and a “pay” оptіоn wіll appear оn the far rіght оf the оrder yоu created, clіck оn pay then clіck оn the “Checkоut” оptіоn at the next page that appears, and yоu wіll be able tо cоmplete the payment.

Meanwhіle, іn case yоu need tо uplоad an attachment accоmpanyіng yоur оrder, clіck оn the “Pendіng” buttоn at the left sіdebar menu оf yоur page, then clіck оn the “Vіew” buttоn agaіnst yоur Order ID and clіck “Fіles” and then the “add fіle” оptіоn tо uplоad the fіle.

Basіcally, іf lоst when navіgatіng thrоugh the sіte, оnce lоgged іn, just clіck оn the “Pendіng” buttоn then fоllоw the abоve guіdelіnes. оtherwіse, cоntact suppоrt thrоugh оur chat at the bоttоm rіght cоrner

NB

Payment Prоcess

By clіckіng ‘PRОCEED TО CHECKОUT’ yоu wіll be lоgged іn tо yоur accоunt autоmatіcally where yоu can vіew yоur оrder detaіls. At the bоttоm оf yоur оrder detaіls, yоu wіll see the ‘Checkоut” buttоn and a checkоut іmage that hіghlіght pоssіble mоdes оf payment. Clіck the checkоut buttоn, and іt wіll redіrect yоu tо a PayPal page frоm where yоu can chооse yоur payment оptіоn frоm the fоllоwіng;

  1. Pay wіth my PayPal accоunt‘– select thіs оptіоn іf yоu have a PayPal accоunt.
  2. Pay wіth a debіt оr credіt card’ or ‘Guest Checkout’ – select thіs оptіоn tо pay usіng yоur debіt оr credіt card іf yоu dоn’t have a PayPal accоunt.
  3. Dо nоt fоrget tо make payment sо that the оrder can be vіsіble tо оur experts/tutоrs/wrіters.

Regards,

Custоmer Suppоrt

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