Excel 2022 Formulas & Functions: The Complete Step-By-Step Practical Guide For Microsoft Excel Formulas & Functions
- Length: 215 pages
- Edition: 1
- Language: English
- Publication Date: 2022-01-12
- ISBN-10: B09QCSY2B1
- ISBN-13: 9798401350169
- Sales Rank: #743549 (See Top 100 Books)
Are you looking for an easy way to carry out your data analysis calculations and representation in Excel? Have you possibly tried using calculators or applications outside Excel to execute these operations? Do you require a guide for using Excel as a calculator for your data requirements? Then this guide on Microsoft Excel Functions and Formulas is your best choice to meet these needs.
Microsoft Excel being an application that gives workplaces an easy means for presenting a large number of data, and accounting-related activities allows you to carry out necessary calculations in the application itself. Microsoft Excel incorporates functions that help to avoid the stress of typing long expressions, and formulas to cater for your data analysis. The formulas and functions can be used for both text and numeric operations.
This guide will give beginners and newbies to Microsoft Excel a solid foundation on its functions and formulas. A beginner’s tour on the various methods of inserting your formula expressions and functions is not left out. Major functionalities and predefined keywords are packed in Excel formulas and functions, as well as the tools, resources and resources to audit your worksheet of possible errors. Anyone without a background in data analysis using Excel expressions is capable of producing amazing calculation results with the lessons provided in this guide.
Here’s a peek at what this guide contains;
- Basics of Formulas in Excel
- Operators in Excel
- Common Excel Functions
- Arguments in Functions
- Changing Formulas in Excel
- Referencing Cells in Formulas
- Percentage Calculations
- Running Total Calculations
- Rounding Numbers
- Calculating Number of Values in a Cell Range
- Functions for Texts in Excel
- Discovering Parts of a String of Texts
- Formatting Numeric Values in Strings of Text
- Applying Formulas for Dates and Time
- Excel Date Issues
- Dealing with Workdays between Dates
- Implementing Formulas when Dealing with Conditional Analysis
- Confirming Data that is Conditional
- Using the VLOOKUP Function
- Adding Up Values Satisfying Multiple Specified Conditions
- Checking for Characters that are Non-standard
- Aggregating the Average Number of Values Meeting Specified Single and Multiple Conditions
- Handling Financial Analysis with Excel Formulas
- Generating EBITDA and EBIT
- Generating Break Even
- Implementing Functions for Financial Operations in Excel
- Generating a Schedule for Loan Amortization
- Computing Depreciation
- Implementing Formulas for Lookups and Matching
- Getting Familiar with the Use of Array Formulas
- Assigning Names of Array Constants
- Locating and Rectifying Errors in Your Formulas
- Solving Formulas Giving an Error
- Solving Issue of Formulas not Performing Calculations
- Solving Errors of Phantom Links
- Implementing Tools for Auditing in Excel
- … and a lot more
This guide further requires an understanding and practicing reader to ensure all-around satisfaction. Working and walking with this guide would in no little way help you to judiciously utilize Microsoft Excel along with its functions and formulas; as this guide is second to none in a series of helpful books on Excel.
INTRODUCTION TO EXCEL FUNCTIONS AND FORMULAS CHAPTER ONE THE EXCEL FORMULA BAR Increasing the Size of the Formula Bar GETTING FAMILIAR WITH EXCEL FUNCTIONS AND FORMULAS Basics of Formulas in Excel Precedence of Operators in Excel Formulas ADDING FUNCTIONS TO FORMULAS Sample Formulas that Implements Functions Common Excel Functions String or Text Functions Arguments in Functions HOW TO INSERT FORMULAS IN WORKSHEETS Inserting Formulas by Pointing Inserting Name of Ranges in Formulas Adding Functions to Formulas Pointers for Inserting Excel Functions CHANGING FORMULAS IN EXCEL REFERENCING CELLS IN FORMULAS Relative Cell Referencing Absolute Cell Referencing Mixed Cell Referencing Switching between Reference Types Referencing Cells in Other Worksheets Referencing Cells in Other Workbooks [Name_of_Workbook]Name_of_Worksheet!Cell_address IMPLEMENTING FORMULAS IN EXCEL TABLES Summarizing Table Data Implementing Formulas in Tables RECTIFYING ERRORS IN FORMULAS Rectifying Circular References Calculations Not Occurring in a Formula IMPLEMENTING COMPLEX TECHNIQUES FOR NAMING Implementing Constant Names Implementing Formula Names Implementing Intersection in Ranges Adding Names to References USING FORMULAS Preventing Hard-coding of Values Making Use of the Formula Bar as a Calculator Duplicating Excel Formulas Changing Formulas to Their Results Summary CHAPTER TWO APPLYING FORMULAS IN REGULAR MATHEMATICAL OPERATIONS PERCENTAGE CALCULATIONS Goal Percentage Calculations Goal Percent = Result / Goal Goal Percent = 9000 / 10000 Variance Percentage Calculations Variance Percent = (Recent Data - Reference Data) / Reference Data Finding Variance Percent Using Negative Data Distribution Percent Calculations Running Total Calculations Including Increase or Decrease in Percentage to Excel Values Rectifying Errors of Division by Zero ROUNDING NUMBERS Rounding to Closest Penny Rounding to Closest Whole Numbers CALCULATING THE NUMBER OF VALUES IN A CELL RANGE IMPLEMENTING THE FUNCTIONS FOR CONVERSION IN EXCEL Summary CHAPTER THREE MANIPULATING EXCEL TEXTS WITH FORMULAS FUNCTIONS FOR TEXTS IN EXCEL Function to Combine Strings of Text Switching Texts to Sentence Cases Deleting Excess Spaces in Strings of Text Discovering Parts of a String of Texts Extracting Texts Before and After Particular Characters Searching for Specific Text Characters in a String Searching for Second Occurrence of Specific Text Characters in a String Replacing Content of Texts Calculating the Number of Times a Character Appears in a Text Starting Lines of Formulas on New Lines Erasing Unwanted Characters from Fields for Text Formatting Numbers by Adding Zeros Formatting Numeric Values in Strings of Text Applying the DOLLAR Function Summary CHAPTER FOUR APPLYING FORMULAS FOR DATES AND TIME Serial Numbers for Dates Inserting Dates in Your Worksheet Serial Numbers for Time Inserting Time in Your Worksheet Configuring Excel Time and Dates Excel Date Issues The Leap Year Loophole The Dates before 1900 Irregular Entries for Excel Dates IMPLEMENTING THE FUNCTIONS FOR TIME AND DATE IN EXCEL Dealing with Age Dealing with Days Number between Dates The NETWORKDAYS.INTL Function Generating Date Parts Deriving Number of Months and Years between Ranges of Date Changing Dates to the Format for Julian Dates Calculating the Percentage of Year Remaining and Percentage Used Deriving the Last Day of a Specific Month Dealing with Quarters for a Calendar for Dates Dealing with Fiscal Quarters for a Calendar for Dates Dealing with Fiscal Months for a Calendar for Dates Dealing with the Nth Date of the Weekday of a Month Dealing with the Last Date of the Weekday of a Month Dealing with Elapsed Time Rounding Values of Time Changing Decimal Minutes, Hours, or Seconds to Regular Time Adding Seconds, Minutes, and Hours to Time Summary CHAPTER FIVE IMPLEMENTING FORMULAS WHEN DEALING WITH CONDITIONAL ANALYSIS What is Conditional Analysis? Ascertaining for Single Conditions Satisfaction Ascertaining for Multiple Conditions Satisfaction Confirming Conditional Data CARRYING OUT CONDITIONAL MATHEMATICAL CALCULATIONS Adding Up Values Satisfying a Single Specified Condition Adding Up Values Satisfying Multiple Specified Conditions The SUMIFS Function AGGREGATING NUMBER OF VALUES MEETING SPECIFIED SINGLE AND MULTIPLE CONDITIONS Checking for Characters that are Non-standard AGGREGATING THE AVERAGE NUMBER OF VALUES MEETING SPECIFIED SINGLE AND MULTIPLE CONDITIONS Summary CHAPTER SIX IMPLEMENTING FORMULAS FOR LOOKUPS AND MATCHING AN INTRODUCTION TO FORMULAS IN EXCEL LOOKUP IMPLEMENTING THE FUNCTIONS IN EXCEL LOOKUP HANDLING ERRORS RESULTING FROM EXCEL LOOKUP SEARCHING FOR THE CLOSEST RESULT FROM A GROUP OF VALUES USING SUMPRODUCT FUNCTION TO GIVE TEXT RESULTS Looking Up a Concluding Column's Value Summary CHAPTER SEVEN HANDLING FINANCIAL ANALYSIS WITH EXCEL FORMULAS Executing Traditional Financial Calculations Markup = (Price of Goods - Cost) ÷ Cost GENERATING EBITDA AND EBIT GENERATING THE COST OF SOLD GOODS GENERATING ASSETS RETURN GENERATING EQUITY RETURNS GENERATING BREAK EVEN VARIATIONS OF BREAK-EVEN CALCULATION Break-Even for Sales = Fixed Expenses ÷ Contribution Ratio USING GOAL SEEK FOR BREAK-EVEN Profit or Gain = Revenue - Variable Expenses - Fixed Expenses GENERATING CUSTOMER CHURN GENERATING ANNUAL RATE OF CHURN GENERATING THE AVERAGE VALUE OF A CUSTOMER LIFETIME GENERATING TURNOVER OF EMPLOYEES IMPLEMENTING FUNCTIONS FOR FINANCIAL OPERATIONS IN EXCEL DESIGNING A CALCULATOR FOR LOAN REPAYMENT Generating a Schedule for Loan Amortization COMPUTING DEPRECIATION Computing Accelerated Depreciation COMPUTING CURRENT VALUES Computing the Current Value of Future Payments COMPUTING NET CURRENT VALUE Computing Negative and Positive Flow of Cash COMPUTING INTERNAL RETURN RATE Computing Non-periodic Future Flow of Cash CARRYING OUT FINANCIAL FORECAST Summary CHAPTER EIGHT HANDLING WEIGHTED AVERAGES Adding Moving Averages to Your Data Navigate to the Data menu and select the option for Analysing Data CREATING DESCRIPTIVE STATISTICS USING FORMULAS Computing the Kth Smallest and Largest Value Dividing Data into Percentiles Recognizing Interquartile Ranges in Statistical Outliers GENERATING A FREQUENCY DISTRIBUTION Summary CHAPTER NINE IMPLEMENTING FORMULAS IN TABLES AND CONDITIONAL FORMATTING SELECTING CELLS SATISFYING INDICATED CRITERIA HIGHLIGHTING DATA EXISTING IN LIST 1 BUT ABSENT IN LIST 2 HIGHLIGHTING SIMILAR VALUES IN LIST 1 AND LIST 2 HIGHLIGHTING VALUES DEPENDING ON THE DATE Summary CHAPTER TEN GETTING FAMILIAR WITH THE USE OF ARRAY FORMULAS ARRAY FORMULAS CREATING ARRAY CONSTANTS ARRAY DIMENSIONS ASSIGNING NAMES OF ARRAY CONSTANTS DEALING WITH FORMULAS FOR ARRAYS Entering Formulas for Arrays Highlighting Ranges of Formulas for Arrays Making Changes to Formulas for Arrays Adding or Removing from a Multi-cell Array To remove cells from the array: Deleting Formulas for Arrays IMPLEMENTING FORMULAS FOR MULTICELL ARRAYS Generating Arrays from Range Values Generating Array Constants from Range Values Implementing Functions with Arrays Creating an Array of Serial Integer IMPLEMENTING FORMULAS FOR SINGLE-CELL ARRAYS Determining Number of Characters in a Range Getting the Summation of the Three Lowest Values in an Array Calculating Number of Cells Containing Text in a Range Removing Intermediate Formulas Implementing Arrays in Place of Cell References Summary CHAPTER ELEVEN CREATING ERROR-FREE FORMULAS LOCATING AND RECTIFYING ERRORS IN YOUR FORMULAS Incomplete Parentheses Cells Containing Hash Marks Clearing Blank Cells that Hold Values Characters Having Excess Spaces Highlighting Cell Containing Excess Spaces in Its Characters Solving Formulas Giving an Error Errors of #DIV/0! Errors of #N/A Errors of #NAME? Errors of #NULL! Errors of #NUM! Errors of #REF! Errors of #VALUE! Problems with Precedence of Operators Solving Issue of Formulas not Performing Calculations The Precision of Decimal Issues Solving Errors of Phantom Links IMPLEMENTING TOOLS FOR AUDITING IN EXCEL Highlighting Cells of Particular Features Viewing Your Formulas IDENTIFYING RELATIONSHIPS BETWEEN CELLS Recognizing Precedents Recognizing Dependents TRACKING ERROR VALUES Evaluating Formulas Using the Excel Background Feature for Checking Errors FINDING AND REPLACING CELL VALUES Finding Information Format Search Performing Spell Checks in Your Worksheet IMPLEMENTING AUTOCORRECT IN YOUR WORKSHEET Summary Conclusion INDEX
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