Quarterly Expenses

Cars
Vans
Lorries
Total

Qtr1
Qtr2
Qtr3
Qtr4
Total
220,000
223,080
226,160
229,240 898480
171,560
171,600
171,640
171,680 686480
99,200
101,000
102,800
104,600 407600
490760
495680
500600
505520 1992560

Travel Expenses

DATE
03/31/2004
03/21/2004
02/09/2004
03/22/2004
03/01/2004
02/12/2004
03/17/2004
03/18/2004
02/15/2004
03/22/2004
03/28/2004
TOTAL

NAME
HOTEL FARES OTHER SUB-TOTAL VAT
Walsh
88
120
35
243
42.525
Spencer
98
30
21.5
149.5
26.1625
Smith
100
55
9.5
164.5
28.7875
Pearce
67
14.5
0
81.5
14.2625
Patel
300
14.5
22.75
337.25
59.01875
Jones
89
23.5
30
142.5
24.9375
Hobbs
70
37.75
41
148.75
26.03125
Hammond
80
30
25
135
23.625
Evans
242
12
8.75
262.75
45.98125
Chan
78
23
2.75
103.75
18.15625
Bailey
500
31
45.75
576.75 100.93125

TOTAL
285.525
175.6625
193.2875
95.7625
396.26875
167.4375
174.78125
158.625
308.73125
121.90625
677.68125

rooms

Income from function rooms

Jan

Brunel Room
Colston Suite
Fry Room
Canynge Bar
TOTAL
EXPENSES
PROFIT

Feb

200

Mar

Apr

May

1500
500
900

1100
1500
500
900

1100
1500
600
1000

1200
1600
650
1000

1200
1600
650
1000

3100

4000

4200

4450

4450

500

500

500

500

500

2600

3500

3700

3950

3950

Page 4

rooms

1300
1600
700
1000

1300
1600
700
1000

1300
1600
700
1000

1400
1300
750
900

Total
10100
13800
5750
8700

4600

4600

4600

4350

38350

550

550

550

550

4700

4050

4050

4050

3800

33650

Jun

Jul

Aug

Sep

Page 5

vehicle

Vehicle Expenses Summary

Monthly costs

Veh ID
550
551
552
553
554
555
556
558
401
402
422

Reg No
X345 JKL
X346 JKL
X347 JKL
X348 JKL
X349 JKL
X350 JKL
X351 JKL
X353 JKL
X657 CFT
X345 FGL
X346 FGL

337481208.xls

Mileage
1056
998
1125
1345
1267
1458
956
0
702
1206
1126

Fixed
Cost per
cost
VariableC
mile
(Lease)
ost
0.30 323.00 316.80
0.30 323.00 299.40
0.30 323.00 337.50
0.30 323.00 403.50
0.30 323.00 380.10
0.30 323.00 437.40
0.30 323.00 286.80
0.30 323.00
0.00
0.35 388.00 245.70
0.35 388.00 422.10
0.35 388.00 394.10

Total
639.80
622.40
660.50
726.50
703.10
760.40
609.80
323.00
633.70
810.10
782.10

TOTAL

7,271.40

VAT

1,272.50

GRAND TOTAL

8,543.90

Name
Annual Salary Monthly Salary Pension Taxable Pay Income Tax National Insurance Take Home Pay
Allen
120,000
10,000
500
9,500
2,090
855
6,555
Bacall
160,000
13,333
667
12,667
2,787
1,140
8,740
Bergman
180,000
15,000
750
14,250
3,135
1,283
9,833
Bogart
180,000
15,000
750
14,250
3,135
1,283
9,833
Brando
165,000
13,750
688
13,063
2,874
1,176
9,013
Close
147,500
12,292
615
11,677
2,569
1,051
8,057
Costner
160,000
13,333
667
12,667
2,787
1,140
8,740
De Niro
200,000
16,667
833
15,833
3,483
1,425
10,925
Farrow
270,000
22,500
1,125
21,375
4,703
1,924
14,749
Gable
155,000
12,917
646
12,271
2,700
1,104
8,467
Garbo
130,000
10,833
542
10,292
2,264
926
7,101
Grant
115,000
9,583
479
9,104
2,003
819
6,282
Hepburn
195,000
16,250
813
15,438
3,396
1,389
10,652
Negri
195,000
16,250
813
15,438
3,396
1,389
10,652
Pacino
340,000
28,333
1,417
26,917
5,922
2,423
18,573
Rickman
170,000
14,167
708
13,458
2,961
1,211
9,286
TOTALS
2,882,500
240,208 12,010
228,198
50,204
20,538
157,457

337481208.xls

1460
1466
136
855
912
2350
1190
1200
1790
Total
Highest
Lowest
Average
Count

11359
2350
136
1262.111111
9

Count the red words above

500

280

750

Combined results for red and

blue Data
Total
12889
Highest
2350
Lowest
136
Average 1074.083333
Count
12
5

Page 8

Current tax rates

VAT
Income tax

17.5%
22%

National insurance

Use this data in conjuction with the Tax and VAT sheets

9%

Today's transactions:
Sterling
Euros
1.00
1.40
10.00
14.00
100.00
140.00
1,000.00 1,400.00

1=

1.40

1.40
14.00
140.00
1,400.00

Retail Staff Salaries

Name
Pat
Sam
Alex
Chris

Monthly pay IncomeTax National Insurance

2,000
440
40
1,500
330
30
1,000
220
20
900
198
18

Income tax rate

National Insurance rate

If using Absolute references:

Calculate Income Tax and National Insurance by referring to cells H2 and H3 .
If using Named cell ranges:
Create names in the current rates sheet and use the names to calculate Income
Tax and National Insurance.

22%
9%

Item
DVD
CD
Video
Tape

Pre-tax price VAT to be added Vat Rate

20.00
200.00
35.00
10.00
100.00
17.50
15.00
150.00
26.25
5.00
50.00
8.75
If using Named cell ranges:
Make a named range called price for cells B2:B5 (all the cells together constitute the range).
In the current rates sheet name cell B2 as vatrate.
In C2 enter the formula =price*vatrate.
Copy this to C3:C5.

If using Absolute references:

Calculate VAT by referring to cell E18

VAT rate

17.50%

US$ exchange rate=

Euro exchange rate=

Qtr1
Qtr2
Qtr3
Qtr4

US$
200000
400000
600000
800000

Euro
160000
320000
480000
640000

100000
200000
300000
400000

2
1.6

Total
756000
1512000
2268000
3024000

Create a formula in cell E7 which, when copied down, will work in cells E8: E10. Use either an absolute re
The formula should give the total value in sterling of all transactions for the quarter, whatever their origina

0. Use either an absolute reference or a named range.

arter, whatever their original currency.

Mixed Cell References

For the following exercise you must use references in which only one part of the cell address is absolute.
You should enter only two formulae, in cells D11 and D12, then copy those into the other cells of the same
The calculations are as follows:
Quarterly revenue for 2005-2007 will be 20% higher (120%) than 2004 expenses (in cell D11). Th
but stay static at 20% above the 2004 figure.
Quarterly expenses for 2005-2007 will be 10% higher (110%) than 2004 expenses (in cell D12). T
but stay static at 10% above the 2004 figure.
For help, type "mixed references" in Excel's Help.

Q1 Revenue
Q1 Expenses

2004 2005 2006 2007

30000 34800 34800 34800
24000

Q2 Revenue
Q2 Expenses

72000
61400

Q3 Revenue
Q3 Expenses

83200
77800

Q4 Revenue
Q4 Expenses

76300
65900

l address is absolute.
other cells of the same colour.

enses (in cell D11). They don't go up by 20% each year,

enses (in cell D12). They don't go up by 10% each year,