YOUR LEMONADE BUSINESSAccounting II

INTRODUCTION

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.

PROCESS – STEP 1

Go to http://www.lemonadestands.com 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

PROCESS – STEP 2

Utilize the data you recorded to create Graphs and Charts in Excel.

Go To Instructions for Step 2

Average Cost

Amount Used

0

2

4

6

LemonsIceSugar

PROCESS – STEP 3

Create a Basic Income Statement using Excel

Go To Instructions for Step 3

PROCESS – STEP 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

PROCESS – STEP 5

Use Power Point to create printouts of your slides with notes for your presentation.

Go To Instructions for Step 5

PROCESS – STEP 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

PROCESS – STEP 7

Give your presentation to the board (4-5 class members).

Go To Instructions for Step 7

GRADING RUBRIC FOR THIS PROJECT:

Grading of Project will be based on these areas:Recording DataGraphs & ChartsIncome StatementPower Point ProjectPresentation to Board

Click here for detailed Rubric: RUBRIC

INSTRUCTIONS FOR PROCESS - STEP 1RECORDING DATA Type the data in the highlighted columns into an

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

INSTRUCTIONS FOR PROCESS – STEP 2GRAPHS AND CHARTS

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

INSTRUCTIONS FOR PROCESS – STEP 3INCOME STATEMENT

Create an Income Statement that looks like the 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

INSTRUCTIONS FOR PROCESS – STEP 4POWER POINT PRESENTATION

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)

INSTRUCTIONS FOR PROCESS – STEP 4POWER POINT PRESENTATION (CONTINUED)

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

INSTRUCTIONS FOR PROCESS – STEP 5PRINTING SLIDES WITH NOTES

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

INSTRUCTIONS FOR PROCESS – STEP 6CREATE HANDOUTS

Print handouts with three slides per page for your board to take notes.

Return to Process –Step 6

INSTRUCTIONS FOR PROCESS – STEP 7PRESENTATION TO THE BOARD

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