Excel is a spreadsheet application incorporating quite a few applications. This spreadsheet application includes many features that make calculation, graphs, tables and charts which are quite comprehensible and lucid. The most popular version of Excel is from Microsoft Windows.
Excel function formulas
Function of formulas An excel tutor helps you to learn the core concepts associated with excel basics in terms of the formulas and functions. Excel sum is the most widely used formula: it adds the values of different ranges. To use the sum formula, you need to use the Insert function present in Excel. There are quite a few formulas present in excel software that prove to be of immense help in structuring the financial models. Excel Autosum is another important formula that is used to add numbers in a large range. Array formulas in Excel include sum, average, count and examples of using them in the spreadsheets.
Salient features of Excel
Some of the other important formulas in excel programs include the following: count with multiple criteria, count each item only once, count words in a cell, and count of each item in a list. Array formulas are a special kind of formula in Excel. You may change an M×N array into a one single column of data using the “Array to Column” formula. This is quite beneficial for the purpose of creating charts of different layouts. Extracting data is also quite easily done using the Lookup functions or Database function. One can follow the guidelines mentioned in the Table or List. One may also use the Subtotals feature in the Excel spreadsheet. Some of the prominent Subtotal features include COUNT, COUNT NUMS SUM, AVERAGE, MIN, MAX, VAR, or VARP.
Excel functions: an important tool in financial modeling
Averaging values between two numbers, counting values between two numbers, counting characters in a string are some of the other important functions that can be performed using the excel spreadsheet formulas. Apart from this, we also have the “date and time formulas” that helps present numerical data in coherent manner. Excel spreadsheet formulas also help in finding minimum and maximum values in a range. One can also sum each nth value in the column range using the excel spreadsheet. Excel with an in-built formula function ensures that one can easily average a range of cells.