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Learning Objectives
KNOWLEDGE – Indicate why it is necessary to use Microsoft excel
to make financial predictions.
UNDERSTAND – Demonstrate how to use a variety of spreadsheet
functions to achieve financial predictions.
BE ABLE TO – Use functions and formulae effectively to
demonstrate numerical outcome. Key Words
• Formula/Formulae
• Function
• Cell REFERENCE
• IF function
Scenario - “Car-rental-professionals”
 Mike the Director of “Car-rental-professionals” has
provided some data from the First Quarter (three
months). It shows details of the range of cars which
the company currently has available for the Year
Commencing 2013. In addition to this the number
of times each car has been rented out has been
provided. Mike has set a Target Rental Revenue of
at least £20,000 per quarter to be made.
 Develop a spreadsheet solution based on the
business needs.
Car-rental-professionals
 What do you (the employee) need to provide Mike the
Director with?
Scenario - “Car-rental-professionals”
 How would you find out this information?
 How would you calculate it?
 How much money does the Company make for the 1st
Quarter? Is it enough? Is it too much?

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Excel and Its Business Uses

  • 1. Learning Objectives KNOWLEDGE – Indicate why it is necessary to use Microsoft excel to make financial predictions. UNDERSTAND – Demonstrate how to use a variety of spreadsheet functions to achieve financial predictions. BE ABLE TO – Use functions and formulae effectively to demonstrate numerical outcome. Key Words • Formula/Formulae • Function • Cell REFERENCE • IF function
  • 2. Scenario - “Car-rental-professionals”  Mike the Director of “Car-rental-professionals” has provided some data from the First Quarter (three months). It shows details of the range of cars which the company currently has available for the Year Commencing 2013. In addition to this the number of times each car has been rented out has been provided. Mike has set a Target Rental Revenue of at least £20,000 per quarter to be made.  Develop a spreadsheet solution based on the business needs.
  • 4.  What do you (the employee) need to provide Mike the Director with? Scenario - “Car-rental-professionals”  How would you find out this information?  How would you calculate it?  How much money does the Company make for the 1st Quarter? Is it enough? Is it too much?