[ORDER SOLUTION] Budget Analysis for a Fictitious Business

For this assignment, you will create a budget analysis for a fictitious business of your choice utilizing the Microsoft® Excel® application. You will input your own unique business data into an Excel spreadsheet, calculate various values obtained from your data, and then utilize the calculated values to create a column-style chart. The purpose of this assignment is for you to be exposed to best practices for utilizing a spreadsheet software application (e.g., Excel). In Row 1, type your worksheet title in bold font (e.g., ‘My Business’ Budget). Leave Row 2 empty. In Row 3, beginning with Column B, label the cells in three consecutive columns (B3, C3, D3) with the names of the three months of any yearly quarter (i.e., Jan, Feb, Mar) in bold font. Label the cells in the next three consecutive columns (E3, F3, G3) with the following: ‘Qtrly Total,’ ‘Qtrly Average,’ and ‘Qtrly Maximum’ in bold font. In Row 4 in Column A (Cell A4), label the cell ‘Income’ in bold font. List two sources of income in Column A in the rows immediately following ‘Income’ in a non-bold font (Cells A5, A6). In Row 7 in Column A (Cell A7), label the cell ‘Total Income’ in bold font. Leave Row 8 empty. In Row 9 in Column A (Cell A9), label the cell ‘Expenses’ in bold font. List four expenses in Column A in the rows immediately following ‘Expense’ in a non-bold font (Cells A10, A11, A12, A13) (e.g. Rent, Utilities, etc.). In Row 14 in Column A (Cell A14), label the cell ‘Total Expenses’ in bold font. Leave Row 15 empty. In Row 16 in Column A (Cell A16), label the cell ‘Net Income’ in bold font. Apply bottom border lines just above Total Income and Expense. 1) Determine the ‘Total Income’ values and ‘Total Expenses’ values using the ‘SUM’ function. Use ‘cell ranges’ to input data into the formulas. For example, input data using a ‘cell range’ format such as ‘B10:B13,’ not ‘B10+B11+B12+B13.’ 2) Determine the ‘Qtrly Total,’ ‘Qtrly Average,’ and ‘Qtrly Maximum’ values for each source of income and each expense using the ‘SUM,’ ‘AVERAGE,’ and ‘MAX’ functions. Use ‘cell ranges’ to input data into the formulas. For example, input data using a ‘cell range’ format such as ‘B5:D5,’ not ‘B5+C5+D5.’ 3) Determine the ‘Net Income’ values in columns B through D for the three month periods using subtraction formulas (Total Income – Total Expenses). 4) Apply the Accounting Number formatting to add dollar signs and limit to two decimal places. 5) Create a Chart Create a two-dimensional ‘column-style’ chart for the quarterly period once you have completed entering the budget data into your worksheet. Provide only the ‘Net Income’ values in cells B16, C16, and D16 in the chart. Provide a unique chart title and appropriate axes titles. Provide the ‘Month’ category data on the X-axis (horizontal). Provide the ‘Net Income’ value data on the Y-axis (vertical). Provide the monthly ‘Net Income’ data values at the top of each column.