afb pg12 -14 session 56

7/28/2019 AFB PG12 -14 Session 56

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argument 1

argument 2

argument 3

Exercise 1

Employee name

Sales per

month

Do You Get

Bonus?

Your Bonus

Amount?

Amby $54,000.00 yes 400 yes

Betsy $51,890.00 yes 400 yesChris $49,999.00 no no

David $45,000.00 no no

Emphy $50,000.00 no no

Feebie $54,000.00 yes 400 yes

Goldie $51,490.00 yes 400 yes

Henry $57,000.00 yes 400 yes

Exercise 2

Debit NumbersCreditNumbers

$58 $58

$30 $30$43 $43

$21 $21

$5

$152 $157

Is the Debit and Credit amount inbalance? FALSE false

Exercise 3

Q.Is it a net income or net loss or break even?

Sales $5,500.00

Expenses $3,450.00

net income profit

Sales 5,500.00

Expenses 5,500.00

Breakeven be

Q. According to a policy of XYZ Co., a salesperson will get a bonus of $400.00 if his sales ex

per month. Following is the monthly sales figure of each employee. Calculate their bon

IF functionDelivers 1 of 2 things to a cell or formula

You can deliver: Words, Numbers, or Formulas to a cell or formula

This is a TRUE/FALSE test. The test either evaluates to TRUE,

What to put in the cell if the test evaluates to TRUE

What to put in the cell if the test evaluates to FALSE

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YES NO YES

YES YES 5 NO OF SALES PERSON ELIGLIBLE FOR BONUSFALSE NO TOTAL BONUS DISBURSED

FALSE NO

FALSE NO

YES YES

YES YES

YES YES

eed $50, 000.00

s amount.

or FALSE

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IF Function: Put 1 of 2 things into a cell based on a logical test

AND Function: When all logical tests are passed, AND delivers a TRUE

If any one of the tests come out FALSE, AND delivers a FALSE

OR Function: When at least 1 logical tests is passed, OR delivers a TRUE

If any one of the tests come out TRUE, OR delivers a TRUE

Exercise 1: IF functionExercise 2: AND function with 2 logical tests inside IF function

Exercise 3: OR function with 2 logical tests inside IF function

Exercise 4: AND function with 3 logical tests inside IF function

Exercise 5: AND and OR Functions to create a "None" Logical Test

Exercise 6: AND and OR Functions to create a complex Logical Test

Exercise 1

IF Function when there is only 1 Logical Test

Hurdle to Extend Credit:

Credit Rating 6 out of 10

1 Condition Must Be Met To Extend Credit

Customer Credit Rating Logical Test/Formula Extend Credit?

Customer 1 4.0 FALSE

Customer 2 5.5 yes

Customer 3 6.0 yes

Customer 4 3.0 FALSE

Customer 5 6.2 yes

Exercise 2

IF Function with AND Function when there are 2 Logical TestsHurdle to Extend Credit:

Credit Rating 6

Sales $500,000.00

2 Conditions/Criteria Must Be Met To Extend Credit

Customer Credit Rating Last Years Sales Extend Credit?

Customer 1 4.0 $1,043,462.00 NO CREDIT

Customer 2 5.5 $792,157.00 NO CREDIT

Customer 3 6.0 $831,594.00 EXTEND CREDIT



Exercise 3

IF Function with OR Function when there are 2 Logical Tests, but only 1 must be true


Credit Rating 6

Sales $500,000.00

1 Condition or the other or both ("At Least 1") Must Be Met To Extend Credit

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Customer Credit Rating Last Years Sales Extend Credit?

Customer 1 4.0 $1,043,462.00 EXTEND CREDIT





Exercise 4

IF Function with AND Function when there are 3 Logical Tests


Credit Rating 1 6 out of 10

Sales $500,000.00 AND

Credit Rating 2 2.5 out of 5 AND


Customer Credit Rating 1 Credit Rating 2 Last Years Sales

Customer 1 4.0 1.3 $1,043,462.00

Customer 2 6.0 2.7 $792,157.00

Customer 3 7.0 2.6 $831,594.00

Customer 4 3.0 1.4 $335,410.00

Customer 5 6.2 3.2 $490,000.00

Exercise 5

AND and OR Functions together to create "None" Logical Test



Sales $500,000.00 AND

Credit Rating 2 2.5 out of 5 AND



Customer 1 4.0 1.3 $1,043,462.00

Customer 2 6.0 2.7 $792,157.00

Customer 3 7.0 2.6 $831,594.00

Customer 4 3.0 1.4 $335,410.00

Customer 5 6.2 3.2 $490,000.00

Exercise 6

IF Function with AND and OR FunctionHurdle to Extend Credit:


Sales $500,000.00

Credit Rating 2 2.5 out of 5

1 Conditions Must Be Met and at Least One Of The Other Two Tests Must B


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Customer 1 4.0 1.3 $1,043,462.00

Customer 2 6.0 2.7 $792,157.00

Customer 3 7.0 2.6 $831,594.00

Customer 4 3.0 1.4 $335,410.00

Customer 5 6.2 3.2 $490,000.00

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Test:

Credit Rating >= 6

Test:

Credit Rating >= 6

no AND

no Sales >= 500000

yes

no

no

Test:

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Credit Rating >= 6

OR

Sales >= 500000

Test:

Credit Rating 1 >= 6

Sales >= 500000

Credit Rating 2 > 2.5

Extend Credit?

NO CREDIT

EXTEND CREDIT

EXTEND CREDIT

NO CREDIT

NO CREDIT

Test:


Sales >= 500000


No Test Passed

Test:


AND

Sales >= 500000

OR


Extend Credit?

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NO CREDIT

EXTEND CREDIT

EXTEND CREDIT

NO CREDIT

EXTEND CREDIT

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Exercise 1

Lab A Lab B Which is Larger ?

Sample 1 2 3 LAB B

Sample 2 9 7 Lab A

Sample 3 3 5 LAB BSample 4 7 4 Lab A

Sample 5 8 8 EQUAL

Sample 6 3 4 LAB B

Sample 7 5 7 LAB B

Sample 8 4 6 LAB B

Sample 9 7 7 EQUAL

Sample 10 0 2 LAB B

Exercise 2

Q.Publish the result of the students based on the following criterion

Criterion:A student passes an examination if he scores greater than or equal to 70 else he is fail.

Students Test Score Result

Student 1 35 fail F F

Student 2 67 fail D D

Student 3 88 pass B B

Student 4 70 pass C D

Student 5 95 pass A A

Exercise 3

Q. Calculate the Grade of the above students based on the following criteria

Test score GradeGreater than 89 A

From 80 to 89 B

From 70 to 79 C

From 60 to 69 D

Less than 60 F

Exercise 4

Invoice Total Due 7,123.26

Invoice Due Date 5/19/2012

Today 4/8/2013

Days Invoice Over

Due 324

Late Fee 498.63

Mr. Arvind purchased cement of value Rs. 7,123.26 from XYZ Co. on 19th Feb 2012. According

to company's policy the payment should be made in 3 months time. If the client fails to do so,

he is charged with interest based on the following interest rate chart. Calculate the total

outstanding amount of Mr. Arvind as on today.

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Days Invoice

Overdue Description

nterest

Rate Late

Fee

0 Over 0 0.00% 498.63

10 Over 10 but less than 20 1.00%






120 Over 120 but less than 7.00%

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Name DOB

Apurva Khurana Monday, October 02, 1989

Tanvi Khurana Wednesday, September 18, 1985

Supriya Batra Wednesday, July 20, 1983

Ritika Raina Thursday, December 21, 1989

afb pg12 -14 session 56

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