Review: Excel Crash Course Exam (Online) Questions and Answers Finance 6050

Review: Excel Crash Course Exam (Online) Questions and Answers Score: 94%, 45 correct out of 48 | Taken On: 09-22-21 ● Question 1 Instructions: Questions 1-4 use the financial model on tab Q1-4 in the Exam Workbook. Complete the model by filling in the blank cells before answering the question below. Answers should be rounded to the nearest whole number, comma separating 000s, NOT written in currency format. So if the answer is $5,505,210.50, you would input 5,505,210. What is forecast Revenue in 2017? ● Your answer is correct. ● Question 2 Instructions: See question 1. What is forecast Net Income in 2016? ● Your answer is correct. ● Question 3 Instructions: See question 1. If Depreciation&Amortization as a % of Capital Expenditures is changed to 30%, what is Net Income in 2017? ● Your answer is correct. ● Question 4 Instructions: See question 1. Format your answer to this question as a percentage, rounded to one decimal place. So if your answer is 10.25%, you would input: 10.3% (include percentage sign). What is the EBITDA % Margin in 2018? ● Your answer is correct. ● Question 5 Instructions: Questions 5-19 use the data table on tab Q5-19 in the Exam Workbook. We strongly recommend you analyze this data with the aid of a pivot table. You may also benefit from adding some extra calculation columns to the dataset. Answers for numerical data should be rounded to the nearest 1 decimal, comma-separating 000s, NOT written in currency format. So if the answer is $10,500.658, you would input 10,500.7. Over the entire analysis period, which sales rep sold the highest cumulative quantity of a single item? ● Your answer is correct. ● Question 6 Instructions: See question 5. In the last question you determined the sales person who sold the highest cumulative quantity of a single item. What is the item code of that item? ● Your answer is correct. ● Question 7 Instructions: See question 5. Over the entire analysis period, what is the highest selling item code by quantity? ● Your answer is correct. ● Question 8 Instructions: See question 5. Over the entire analysis period, what is the second highest selling item code by quantity? ● Your answer is correct. ● Question 9 Instructions: See question 5. Only considering postal codes 93372, 93403 and 93434, which postal code had the highest total profit during the month of March? ● Your answer is correct. ● Question 10 Instructions: See question 5. Your answer for this question should be rounded to the nearest 1 decimal, comma separating 000s, NOT written in currency format. So if the answer is $10,500.658, you would input 10,500.7. In the last question you determined the postal code that had the highest total profit during the month of March. What was the profit? ● Your answer is incorrect. The correct answer is 13,691.4. ● Question 11 Instructions: See question 5. During the month of April, which postal code bought the most of item 13 by quantity? ● Your answer is correct. ● Question 12 Instructions: See question 5. In the last question, you determined the postal code that bought the most of item 13 by quantity for the month of April. What was that quantity? ● Your answer is correct. ● Question 13 Instructions: See question 5. Your answer for this question should be rounded to the nearest 1 decimal, comma separating 000s, NOT written in currency format. So if the answer is $10,500.658, you would input 10,500.7. What is the total of Amy Adam’s sales over the analysis period? ● Your answer is correct. ● Question 14 Instructions: See question 5. Your answer for this question should be rounded to the nearest 1 decimal, comma separating 000s, NOT written in currency format. So if the answer is $10,500.658, you would input 10,500.7. In the previous question, you determined the the total of Amy’s sales over the analysis period. What was her total profit? ● Your answer is correct. ● Question 15 Instructions: See question 5. During the three-month period of January through March, what was the quantity of item 23 sold while Fred Rubble was the Manager on duty? ● Your answer is correct. ● Question 16 Instructions: See question 5. During the month of May, how many postal codes bought more than 700 products by quantity? ● Your answer is correct. ● Question 17 Instructions: See question 5. Over the entire analysis period, which sales rep gave the most discounts by dollar amount? Enter the name as: Firstname Lastname. ● Your answer is correct. ● Question 18 Instructions: See question 5. In the previous question, you determined which sales rep gave the most discounts by dollar amount. What was that amount? ● Your answer is correct. ● Question 19 Instructions: See question 5. Over the entire analysis period, which item code did postal code 93930 spend the greatest dollars on? ● Your answer is correct. ● Question 20 Instructions: Questions 20-22 do not use the Exam Workbook. Identify a function for cell D6 that will return the fraction of the year elapsed assuming a 360 day count basis. ○ =STUB(D4,D5) ○ =YEARFRAC(D4,D5,2) ○ =DAYS360(D4,D5) ○ =YEARFRAC(D4,D5) ● Your answer is correct. ● Question 21 Identify the formula that will always output a date that is the end-of-month date 3 months after the date inputted in D5. ○ =DATE(YEAR(D5),MONTH(D5)+3,DAY(D5)) ○ =EOMONTH(3,D5) ○ =EOMONTH(D5,3) ● Your answer is correct. ● Question 22 A B 1 How many dogs do you own? User inpu t 2 How many cats do you own? User inpu t ● Identify the formula that, based in user inputs in cells B1 and B2, outputs the text “animal lover” for users who have at least 1 dog and at least one cat, and outputs “lonely person” when those conditions are not met. ○ =IF(OR(B10,B20),"animal lover","lonely person") ○ =IF(AND(B11,B21),"animal lover","lonely person") ○ =IF(AND(B10,B20),"animal lover","lonely person") ○ =AND(IF(B10,"animal lover","lonely person"),IF(B20,"animal lover","lonely person")) ● Your answer is correct. ● Question 23 Instructions: Questions 23-24 use the data table on tab Q23-24 in the Exam Workbook. How many companies in the S&P 500 list have a Market Cap of at least $20Bn AND Revenue of at least $15Bn? ○ 145 ○ 266 ○ 236 ○ 153 ● Your answer is correct. ● Question 24 Instructions: See questions 23. How many constituents of the S&P 500 have a Market Cap of at least $30Bn OR Revenue of at least $17Bn? ○ 110 ○ 392 ○ 201 ○ 109 ● Your answer is correct. ● Question 25 When you are in the Format Cells dialog (Ctrl 1): ○ What is the keyboard shortcut for moving across tabs (Number, Alignment, Font Border, Fill, Protection)? ○ How do you move counter clockwise across form elements? ○ How do you select a checkbox (put a checkbox next to it) ○ 1) Tab, 2) Ctrl Tab 3) Spacebar ○ 1) Alt Tab, 2) Ctrl Tab 3) Spacebar ○ 1) Ctrl Tab, 2) Shift Tab 3) Spacebar ○ 1) Ctrl Tab, 2) Shift Tab 3) Enter ● Your answer is correct. ●