New Perspectives Excel 2016 | Module 4: SAM Project 1a

Inception Workspace
ANALYZING AND CHARTING FINANCIAL DATA

GETTING STARTED
 Open the file NP_EX16_4a_FirstLastName_1.xlsx, available for download
from the SAM website.

 Save the file as NP_EX16_4a_FirstLastName_2.xlsx by changing the “1” to

a “2”.

o If you do not see the .xlsx file extension in the Save As dialog box, do
not type it. The program will add the file extension for you automatically.

 With the file NP_EX16_4a_FirstLastName_2.xlsx still open, ensure that

your first and last name is displayed in cell B6 of the Documentation sheet.

o If cell B6 does not display your name, delete the file and download a new
copy from the SAM website.

PROJECT STEPS
1. Casey Byron is the owner of Inception Workspace, a collaborative office building
where individuals, startups, or small businesses can reserve work spaces.
Casey needs to secure a loan to renovate the office, so he is preparing some
charts that represent Inception Workspace’s finances to use in his loan
applications.

Casey wants a chart representing the distribution of average hours per week
that members utilized Inception Workspace in 2024. Switch to the Average
Usage 2024 worksheet. Select the range A4:B243 and create a Histogram
chart. (Hint: Use the Name box to select the range.) Modify the chart as
described below:

a. Resize and reposition the chart so that the upper-left corner is located
within cell D4 and the lower-right corner is located within cell K18.

b. Enter Average Weekly Usage (in Hours) in 2024 as the title of the
chart.

c. Modify the bins used in the chart by setting the Bin Width axis option to
10.

2. Inception Workspace offers a variety of membership packages to fit the needs

and budgets of its customers. Casey wants to graphically represent how those
packages impacted Inception Workspace’s total annual income between 2019
and 2024.

Switch to the Annual Income worksheet. Insert Column sparklines into the
range H5:H10 based on the data in the range B5:G10, and then apply the
Green, Accent 6, Darker 25% sparkline color.
New Perspectives Excel 2016 | Module 4: SAM Project 1a

3. Apply a Solid Fill, Green Data Bar conditional formatting rule into the range
I5:I10.

4. Casey wants a pie chart representing how each membership package

contributed to the Inception Workspace’s total annual income in 2019.

Select the range A5:B9, and then create a 2-D Pie chart. Modify the chart as
described below:

a. Resize and reposition the chart so that the upper-left corner is located
within cell K1 and the lower-right corner is located within cell Q13.

b. Enter 2019 Total Annual Income by Package as the chart title.

c. Apply the Style 6 chart style.

5. In the 2024 Total Annual Income by Package 3-D pie chart (located in the
range K14:Q28), position the chart legend using the Bottom option.

6. In the 3-D pie chart, add data labels to the chart using the following options:

a. The data labels should display using the Outside End position option.

b. The data labels should only display the Percentage associated with each
slice of the 3-D pie chart. (Hint: You may need to uncheck the Value data
label option.)

c. The data label should use the Percentage number format with 1 decimal
place.

7. Update the Total Annual Income: 2019 – 2024 line chart in the range A11:J26
by editing the Horizontal (Category) Axis labels to display using the values in
the range B4:G4.

8. In the line chart, modify the Minimum bounds of the vertical axis to be
150000.

9. Update the line chart by adding Primary Major Horizontal gridlines and Primary
Major Vertical gridlines to the chart area.

10. Format the line chart as described below:

a. Apply a solid fill using the Blue, Accent 5, Lighter 80% fill color to the
chart area.

b. Apply the Arial font and the Blue, Accent 5 font color to the chart title.

11. Casey created a stacked column chart to show how the income generated by
each membership package contributed to the total annual income. He now
needs to modify the data and formatting used in the chart.

Update the Package Contribution to Annual Income: 2019 – 2024 stacked

column chart (in the range A27:J44) by removing the data series labeled
“Total” from the chart. (Hint: Do not filter out or hide the data.)

12. In the stacked column chart, format the chart legend as described below:

a. Apply a Shape Fill using the White, Background 1 fill color.

b. Apply a Solid Line border with a Blue, Accent 1 border color.

New Perspectives Excel 2016 | Module 4: SAM Project 1a

c. Apply a Shadow Shape Effect from the Outer section using the Offset
Diagonal Bottom Right option. (Hint: Depending on your version of
Office, this may be displayed as “Offset: Bottom Right”.)

13. For his loan application, Casey needs to create a chart that displays both the
annual income generated by each membership package and Inception
Workspace’s total annual income. Because of the large difference between the
package income and total income values, Casey determines that a combo chart
is most appropriate option.

Select the range A4:G10 and create a Custom Combination Combo chart as
described below:

a. Represent the following data series as a Clustered Column chart: Open

Desk - Visitor, Open Desk - Regular, Dedicated Desk, Dedicated
Office, and Meeting Room.

b. Represent the Total data series as a Line chart using the Secondary Axis,
as shown in Figure 1 below.

Figure 1: Combo Chart Setup

c. Move the combo chart to the Income Overview worksheet, and then
resize and reposition the chart so that the upper-left corner is located
within cell A4 and the lower-right corner is located within cell K23.

d. Enter Package and Total Annual Income as the chart title.

e. Add axis titles to the chart, then enter Package Income as the left
vertical axis title, and then enter Total Income as the right vertical axis
title. Finally, delete the horizontal axis title placeholder.

14. Casey wants to calculate the monthly payments for each loan option that he is
considering.

Switch to the Loan Options worksheet. In cell B12, create a formula using the
PMT function to calculate the monthly payments for loan Option A. Use the
New Perspectives Excel 2016 | Module 4: SAM Project 1a

values in cells B8, B10, and B5 for the Rate, Nper, and Pv arguments,
respectively, and do not enter any values for the optional arguments. Copy the
formula you created in cell B12 into the range C12:D12.

Your workbook should look like the Final Figures on the following pages. Save your
changes, close the workbook, and then exit Excel. Follow the directions on the SAM
website to submit your completed project.

Final Figure 1: Average Usage 2024 Worksheet (Range A1:K24)

New Perspectives Excel 2016 | Module 4: SAM Project 1a

Final Figure 2: Annual Income Worksheet

Final Figure 3: Income Overview Worksheet

New Perspectives Excel 2016 | Module 4: SAM Project 1a

Final Figure 4: Loan Options Worksheet