The analysis involves the calculation of differences between two values. You can also carry out simple percentage operations on your excel spreadsheet. The difference between the two values means change. This change can occur in the form of an increase or a decrease. For instance, your company may want to find the cost of production
Compound interest is one of the most popular functions in economics and finance. It is a standardized method of cumulating the interest accrued within a given time. In compound interest, you don't cash out your interest, but rather, you reinvest it. Here is a typical example, supposing you invested $1000 in a venture that yields
In production, depreciation occurs whenever an asset losses its value due to heavy use. When considering the units of production, depreciation is not calculated based on the duration an asset is used, but rather, it is calculated based on the number of units produced. For instance, if an asset K produces 50 units and the
1. Excel formula for percentage change Normally in mathematics, the percentage change is usually given by; %Change = (change/initial value) *100. The change is usually a difference between the two values in context. Change =new value-old value. We can also accomplish this task quickly and easily in excel. So supposing we need to find the
Formatting makes our documents look appealing to our eyes. The power of conditional formatting is far-reaching. Excel has not been left behind since we can use a specific formula to format our worksheets to our own liking. In this case, the formula should apply a given colour to alternate rows. This will enable an easy
The process of amortization involves paying back a loan for a given period of time until the loan is fully paid. For a long time, amortization calculation used to be done using a pen, paper and calculator but things are now changing. We can calculate loan amortization in Excel using formulas. Some of the basics
Average balances are closely associated with bank transactions and credit cards. One can easily calculate his or her average balance depending on the amounts spent. 1. Simple average balance One can find the average balance by simply taking the initial balance and adding it to the final balance and then dividing the result by two
Microsoft Excel has helped people and businesses in solving the hardest tasks every day by making the work less tedious and very easy for them. It is a spreadsheet in the Microsoft Office suite of applications that individuals and businesses are using for their everyday operations. It's very easy to manipulate spreadsheet tables of values
I understand using excel can be a daunting task, especially to newbies. The good thing is that there are many online resources to help you maneuver every corner of MS Excel. Today, we are going to discuss on how to sort alphabetically without interfering with the rows. This can be very challenging especially if you
For excel, nothing saves time than the use of formulas. As a matter of fact, this is the bread and butter of this Microsoft Office application. However, crafting a useful formula is the hardest of all things to do with excel. Besides that, you need to know how to apply that specific formula to multiple