BUS 2000 Recitation Final Exam – Fall 2022
Last Name:
First Name:
Class Time:
Instructions:
 You will have 50 minutes to complete this exam.
 There are 25 questions. Each question is worth 4 points (=100 points in total)
 The use of any unauthorized aid (cell phones, websites, the eBook, etc.) is considered
cheating and will result in a grade of zero.
Problem 1: Basic Calculations
On Worksheet #1, calculate and report:
a) $ __________________ Average revenue
b) $ __________________ Total expenses
c) $ __________________ Papa John’s profit
d) __________________ Store with the lowest profit
e) ___________________ All stores with profits greater than average
Problem 2: Pivot Table
On Worksheet #2, calculate and report:
a) __________________Number of MacBook Air sold in San Diego
b) $__________________Total sales of iPhone
c) __________________ Location with the lowest total sales
d) __________________Total number of Apple Watches sold on the 18th of May
e) $__________________ Average sales (per transaction) in the New York store
BUS 2000 Recitation Final Exam – Fall 2022
Problem 3: Income Statement
On Worksheet #3, complete the income statement. Report the following. Work through without
pushing “undo” (leaving any previous changes the way they are):
a) $__________________ Net income
b) $__________________ Net income if travel increases to $28,000
c) $__________________ Insert an operating expense called “Transportation Costs” at $14,900
and increase utilities to $11,800. What is the new net income?
d) $__________________ Taxes if the tax rate is 9%
e) $__________________ Gross profit
Problem 4: Breakeven Analysis
On Worksheet #4, calculate and report:
a) $__________________ Total costs
b) $__________________ Profit
c) __________________ Breakeven point
d) __________________ Breakeven point if the fixed cost is $9,000
e) $__________________ Fixed cost if the breakeven point is 121
Problem 5: LOOKUP & COUNTIF functions
On Worksheet #5, calculate and report:
a) __________________ The average score of student #29
b) __________________ Number of students above average score
c) _____________________________ Report the function used to categorize students as above
or below average
d) _____________________________ Report the function used to calculate the number of
students with above average score
e) __________________ Number of students with an average 83 points or lower