Inputs
Gross Income              30,000.00
Expenses                   2,000.00
NET INCOME                28,000.00
1. Make a formula @ C4 that will compute the difference of Gross Income and Expenses
2. Make a Formula that will display NET INCOME or NET LOSS or IN BALANCE at A4 given the follow
IF(C2>C3,C2- for NET INCOME:
                      1) If Gross Income is bigger than the Expenses
             for NET LOSS:
                      1) If Expenses is greater than the Gross Income
                      Note: There should be NO NEGATIVE sign in your answer at C4
             for IN BALANCE:
                      1) If the amount at C4 is zero (0)
 and Expenses
NCE at A4 given the following conditions:
swer at C4
  StudentsMidterm GradeFinal Grade Sem. Grade                 Grade Equivalent         Remarks
Student 1          84.0           84.0                 84.0                     2.1 PASSED
Student 2          86.0           86.0                 86.0                     1.9 PASSED
Student 3          90.0           83.0                 86.5                     1.9 PASSED
Student 4          80.0           85.0                 82.5                     2.3 PASSED
Student 5          72.0           74.0                 73.0                     3.2 REMOVAL EXAM
Student 6          78.0           70.0                 74.0                     3.1 REMOVAL EXAM
Student 7          95.0           90.0                 92.5                     1.3 PASSED
Student 8          86.0           92.0                 89.0                     1.6 PASSED
Student 9          74.0           72.0                 73.0                     3.2 REMOVAL EXAM
Student 10         86.0           82.0                 84.0                     2.1 PASSED
Problems:
make a formula to compute the following:
             Sem. Grade (D2:D11) is the average of the Midterm Grade and Final Grade
             Grade Equivalent (E2:E11) is equal to the Sem. Grade converted to Registrar's Grade Equivalent
                     ex: Sem. Grade of student1 is 84, then Grade Equivalent is 2.1
             Remarks: (F2:F11)
                     If the Semestral Grade is between 70 to 74, a text will appear at the remarks which is REMOV
                     If the Semestral Grade is >74, a text will appear at the remarks which is PASSED
                     If the Semestral Grade is <70, a text will appear at the remarks which is FAILED
Grade Equivalent
marks which is REMOVAL EXAM
LOOKUP TABLE
 73     3.2
 74     3.1
 75      3
 76     2.9
 77     2.8
 78     2.7
 79     2.6
 80     2.5
 81     2.4
 82     2.3
 83     2.2
 84     2.1
 85      2
 86     1.9
 87     1.8
 88     1.7
 89     1.6
 90     1.5
 91     1.4
 92     1.3
  93     1.2
  94     1.1
95-100    1
        Scale                Descriptive Rating
          1                         POOR
          2                         FAIR
          5                     OUTSTANDING
          3                     SATISFACTORY
          7               INPUT NUMBERS 1 TO 5 ONLY
Problem:
                      Make a formula at cell B2:B6 given the following conditions:
                      If i enter any single number from 1 to 5 @ any cell from A2:A6, it will display
                                       ex: if 1 is entered at A3, then Poor will be seen at B3
Descriptive Ratings
1-Poor
2-Fair
3-Satisfactory
4-Very Satisfactory
5-Outstanding
ing conditions:
y cell from A2:A6, it will display its respective Descriptive Rating
oor will be seen at B3
                                                                                                PAYRO
Emp.                                 Daily   Rate   Days      Monthly                     O V E R T I M
 #       Lastname   Firstname M.I.            /                                     Reg. Days
                                     Wage           Work       Income
                                             HR.                             Hrs.
 1     Duban        Noel        N     1200 150         20       24,000.00     3
 2     Berdin       Allan       G     1600 200         20       32,000.00
 3     Montenegro Theresa       H      800 100         18       14,400.00
 4     Gustilo      Pamela      D      680    85       15       10,200.00
 5     Bocanegra    Shiela      R      960 120         18       17,280.00
 6     Famador      Robert      T     1440 180         18       25,920.00
 7     Vergara      Marsha      O     1400 175         17       23,800.00     4
 8     Atillo       Nicanor     P     2000 250         15       30,000.00
 9     Saing        Petmar      W      720    90       15       10,800.00
10 Villanueva       Josef       A      720    90       14       10,080.00
       *** Provide the appropriate FORMULA on all cells with question
       HINT:
                    *** Rate/Hr. is equal to Daily Wage divided by eight.
                    *** Monthly Income is the equal to Daily Wage times Days of work.
                    *** Rate on Overtime during Reg. Days is equal to the Rate/hr. plus 25% times the Reg
                    *** Rate on Overtime during Sun. & Hol. is equal to the Rate/hr. plus 40% times the Su
                    *** Gross Income is the sum of Monthly Income and the Overtime Rates.
                    *** TOTAL DDCTNS is the sum of all deductions.
                    *** Net Income is equal to Gross Income minus the Total Deductions.
                    *** Bonus depends on the following condition that:
                                If Net income is Less than or equal to 15,000.00, then bonus will be 20,000
                                 ABC COMPANY
                       PAYROLL FOR THE MONTH OF MAY 2023
               O V E R T I M E                       GROSS                      D E D U C T I O N S
         Reg. Days            Sun. & Hol.                        GSIS       W/HELD
                                                    INCOME
               Rate      Hrs.        Rate                                    TAX
                   562.50    2           420.00      24,982.50   1,000.00
                       -                      -      32,000.00
                       -                      -      14,400.00
                       -                      -      10,200.00
                       -                      -      17,280.00
                       -                      -      25,920.00
                   875.00    5         1,225.00      25,900.00   1,500.00
                       -                      -      30,000.00
                       -                      -      10,800.00
                       -                      -      10,080.00
all cells with question mark.
Days of work.
 Rate/hr. plus 25% times the Regular Days Hrs.
e Rate/hr. plus 40% times the Sun. & Hol. Hrs.
 e Overtime Rates.
 tal Deductions.
 00.00, then bonus will be 20,000 otherwise, 30,000.00
D E D U C T I O N S                      NET
        LOANS     OTHERS    TOTAL                   BONUS
                                        INCOME
                           DDCTNS
                            1,000.00    23,982.50    30,000.00
                                    -   32,000.00    30,000.00
                                    -   14,400.00    20,000.00
                                    -   10,200.00    20,000.00
                                    -   17,280.00    30,000.00
                                    -   25,920.00    30,000.00
                            1,500.00    24,400.00    30,000.00
                                    -   30,000.00    30,000.00
                                    -   10,800.00    20,000.00
                                    -   10,080.00    20,000.00