Y OUR L EMONADE B USINESS Accounting II

I NTRODUCTION You will be running your own lemonade stand. You will keep track of your data through out the month of business the stand is in operation on the computer. Your goal is to maximize profit and minimize any losses for the month of operation. You will use the information recorded to create charts, graphs and an income statement. You will create a Power Point Presentation with all this information and give an oral presentation to the Board of Directors.

P ROCESS – S TEP 1 Go to You will play the lemonade game on the Internet for the full 30 days. You will record all the data in the Spreadsheet provided. (See copy of Spreadsheet) You can work with a class member and they can help you record all the data you need the first and you can help them record the second day. Go To Instructions for Step 1

P ROCESS – S TEP 2 Utilize the data you recorded to create Graphs and Charts in Excel. Go To Instructions for Step 2

P ROCESS – S TEP 3 Create a Basic Income Statement using Excel Go To Instructions for Step 3

P ROCESS – S TEP 4 Create an INTERESTING Power Point presentation incorporating the graphs and charts along with pictures, sounds, etc. to give a report to your Board of Directors on the profits/loss of the month. Go To Instructions for Step 4

P ROCESS – S TEP 5 Use Power Point to create printouts of your slides with notes for your presentation. Go To Instructions for Step 5

P ROCESS – S TEP 6 Use Power Point to create handouts – 3 to a page for your board to take notes while you present. Go To Instructions for Step 6

P ROCESS – S TEP 7 Give your presentation to the board (4-5 class members). Go To Instructions for Step 7

G RADING R UBRIC FOR THIS P ROJECT : Grading of Project will be based on these areas: Recording Data Graphs & Charts Income Statement Power Point Project Presentation to Board Click here for detailed Rubric: RUBRIC

I NSTRUCTIONS FOR P ROCESS - S TEP 1 R ECORDING D ATA Type the data in the highlighted columns into an Excel Spreadsheet. Excel Spreadsheet Use the SUM FUNCTION (or Sigma Button) to total the Profit/Loss Column. Use the AVERAGE FUNCTION to calculate the average: Price per Cup Lemons per Pitcher Sugar per Pitcher Cubes per Pitcher High Temperature Print it once like it is Print once with the formulas showing. To do this go to [Tools] then [Options] and check the box in front of [View Formulas]. Print preview to make sure it is on one page. Return to Process –Step 1

I NSTRUCTIONS FOR P ROCESS – S TEP 2 G RAPHS AND C HARTS Create Charts for each of these groups of information: Grand Total Revenue – Grand Total Profit – Grand Total Expense (Use Bar or Column or something along that order) Average Cost Per Cup to Average Selling Price Per Cup (Use Bar or Column or something along that order) Total Rainy days to Total Sunny Days (Pie Graph) Cups Sold compared to Potential Customers (Line Graph) Cost per Cup to Selling Price Per Cup (Line Graph) Daily Profit to Daily Expense (Stacked Bar or Column Graph) Return to Process –Step 2

I NSTRUCTIONS FOR P ROCESS – S TEP 3 I NCOME S TATEMENT Create an Income Statement that looks like the Example. (See Example)(See Example) Use the directions given to put the numbers into the Income Statement. Print it once like it is. Print once with the formulas showing. To do this go to [Tools] then [Options] and check the box in front of [View Formulas] Print preview to make sure it is on one page. Return to Process –Step 3

I NSTRUCTIONS FOR P ROCESS – S TEP 4 P OWER P OINT P RESENTATION You need a minimum of 12 slides Use one graph on each of 7 slides Put the income statement on one slide – probably on one of the last slides. Use ANIMATION on over half of all parts of the show. Use SLIDE TRANSITIONS on at least half of the slides. Use a background DESIGN but change it on two slides to a texture or color or something without the design showing. (Directions Continued on Next Slide)

I NSTRUCTIONS FOR P ROCESS – S TEP 4 P OWER P OINT P RESENTATION (C ONTINUED ) Type Presentation notes on the show and print for use during your presentation. Print handouts with three slides per page for your board to take notes. Put your slides in good order for the presentation so your information flows together and does not jump around. Practice the presentation. Use action buttons so you can go back to a slide if you want. Hide one slide and hyperlink to and from it with an action button. Return to Process –Step 4

I NSTRUCTIONS FOR P ROCESS – S TEP 5 P RINTING S LIDES WITH N OTES Type Presentation notes on the show and print for use during your presentation. Print handouts with three slides per page for your board to take notes. Return to Process –Step 5

I NSTRUCTIONS FOR P ROCESS – S TEP 6 C REATE H ANDOUTS Print handouts with three slides per page for your board to take notes. Return to Process –Step 6

I NSTRUCTIONS FOR P ROCESS – S TEP 7 P RESENTATION TO THE B OARD Print handouts with three slides per page for your board members to take notes. Give presentation with a clear and direct message to your board members. Return to Process –Step 7