Money Matters

Task:

As the manager of a Mobiles R'Us franchise you are eligible for bonuses on a monthly and yearly (annual) basis. To calculate your bonuses you must design a spreadsheet that uses an if statement to help you calculate your bonuses.

Monthly Bonus

For sales above £20,000 per month your franchise gets £1000

Annual Bonus

There is a standard bonus of £1000 paid to each franchise each year regardless of the sales figures (pays for the staff Christmas Party!)

For sales above £300,000 per year a bonus of £10,000 is paid

For sales above £350,000 per year a bonus of £20,000 is paid


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