Wednesday, February 8, 2023

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Growing too fast can be dangerous to your company's health. Use the Sustainable Growth Rate ratio to track your company's financial ability to grow.
Accounting & Finance

How Fast Is Too Fast?

Charley Kyd -
0
(Originally published in Inc Magazine.) What typically tops the list of worries of the chief executive officers of fast growing companies? Financing that growth, according...

How to Smooth Data by Using the TREND Function

Two economists have introduced a new leading indicator, which predicts a recession soon. These Excel charts illustrate their insight. If they're correct, Excel users will be very busy in the months ahead.

Consumer Sentiment Suggests a 2022 Recession

Your data can contain many important, hidden patterns. But simple transformations in Excel can help to reveal them—as this example illustrates.

Simple Transformations Can Reveal Hidden Patterns in Your Data

As inflation rises, so do mortgage interest rates—causing house prices to fall. Here's how Excel's PV function can help you estimate what you new house price will be.

Here’s How Inflation Could Affect the Value of Your Home

Featured Articles

Your data can contain many important, hidden patterns. But simple transformations in Excel can help to reveal them—as this example illustrates.

Simple Transformations Can Reveal Hidden Patterns in Your Data

Analytical Methods Charley Kyd -
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Excel users have at least two significant advantages over business professionals who rely on other analytical and reporting tools. First advantage: We Excel users can...
Use this unique Excel dashboard to track the general rate of inflation, your personal rate, and the rate of the goods and services you buy.

Inflation Tracker Excel Dashboard with Consumer Prices

Business & Economics Charley Kyd -
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U.S. President John F. Kennedy once said of a growing economy, "A rising tide lifts all boats." However, a rising inflationary tide does not lift...
Using Excel's LET, SORTBY, and SEQUENCE functions, and dynamic arrays, you easily can list any number of top and bottom results from a Table.

How to Report Top and Bottom Results Using Dynamic Arrays in Excel

Array Formulas Charley Kyd -
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In How to Use Excel’s LET Function, I showed several examples of a powerful function that Microsoft added to Excel 365 in the summer...
How to aggregate named groups of GL accounts.

How to Report GL Account Groups in Excel

Accounting & Finance Charley Kyd -
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Believe it or not, this income statement is quite sophisticated. It's not nearly as simple-minded as it looks. In fact, this income statement illustrates a...
In Excel, you can report named groups of GL account numbers, product codes, and so on—just as you report one such number. Here’s how.

How to Use Array Formulas to Report Groups of Accounts

Accounting & Finance Charley Kyd -
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Often, in accounting, marketing, and other departments, we'd like to report and analyze groups of items rather than one item at a time. In Part...

Blog

Growing too fast can be dangerous to your company's health. Use the Sustainable Growth Rate ratio to track your company's financial ability to grow.
Accounting & Finance

How Fast Is Too Fast?

Charley Kyd -
0
(Originally published in Inc Magazine.) What typically tops the list of worries of the chief executive officers of fast growing companies? Financing that growth, according...
As inflation rises, so do mortgage interest rates—causing house prices to fall. Here's how Excel's PV function can help you estimate what you new house price will be.

Here’s How Inflation Could Affect the Value of Your Home

A shortage of truckers is one cause of the supply chain crisis in the US. This Excel chart suggests that the problem won't end soon.

An Excel Chart of a Major U.S. Supply Chain Problem

A Lesson in Excel Analysis Learned from Rising US Inflation

Here's how you can split delimited text into an array with a short Excel formula, and then wrap the formula with the INDEX function to return any value from the array.

How to Split and Index Delimited Text with Excel Formulas

Business & Economics

You can use probability distributions to manage the uncertainty about your assumptions when you create simulations in Excel. Here's how.
Business Statistics

How to Return Random Numbers from a Normal Distribution for Your...

Charley Kyd -
0
(This is the first of two articles about normal distributions. The second article is, How to Create Monte Carlo Models and Forecasts Using Excel Data...
Both IPMT and ISPMT return the interest payment for a given period for a loan or investment. But Microsoft's help topics haven't made their differences clear. Here's what you need to know about these two financial functions.

How to Create Even-Payment and Straight-Line Amortization Tables in Excel

A simple change to your Excel-generated balance sheet can give your managers key information to help them manage cash flow more effectively.

Add Cash Flow Information to Your Excel Balance Sheets

Which is faster: VLOOKUP? Or INDEX-MATCH? Here are the test results.

Excel’s Fastest Lookup Methods: The Tested Results

Here's how I created the formula that calculates the breakeven sales volume for a prospective change in product prices.

Should You Raise Prices? Should You Lower Them? Derivation of the...

Formulas & Functions

Excel ranges can work like relational tables. You can join them by common fields. Query them with SQL. And use queries in PivotTables. Here's how.
Data Management

Use MS Query to Treat Excel as a Relational Data Source

Charley Kyd -
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Charley's Note: Because MS Query hasn't changed much since Marty Ryerson wrote this article years ago, his instructions are still quite accurate. I have,...
Excel databases can be Tables of data, Pivot Tables, or even lists that your reports and analyses can use easily. This introduction will get you started.

What the Heck is an Excel Database?

This figure uses the Chicago Fed's National Financial Conditions Index to illustrate how to create an Excel panel chart.

US National Financial Conditions Using Excel Panel Charts

The Weekly Economic Index (WEI) combines ten weekly measures to estimate the growth in the United States' GDP each week. It's the only measure of its kind.

Chart of the New Economic Index that Tracks GDP Weekly

When you include recessions and economic downturns in your charts, you can show your company's performance in a much better context. Here's how to set up your Excel charts to display those recessions and downturns.

How to Show Recessions in Excel Charts

Excel Methods

It should have been a simple Excel formula. But it became a two-part puzzle needing arrays, ASCII, and text concatenation to answer.
Array Formulas

A Two-Part Excel Puzzle, with Arrays, Text, ASCII, and Concatenation

Charley Kyd -
0
Recently, I needed to compare two long columns of text of various lengths to make sure that each row of text in column A...
I used the FILTER function to give me IFS-like power for PERCENTILE.INC. But then I realized the same pattern brings IFS-like power to many functions—including MEDIAN, STDEV.S, GEOMEAN, and perhaps even the FORECAST functions!

Using the Hidden Power of Excel’s FILTER Function

Here's how I created the formula that calculates the breakeven sales volume for a prospective change in product prices.

Should You Raise Prices? Should You Lower Them? Derivation of the...

To calculate the correct growth rate for your data you need to be clear about what you want your growth rate to signify. Here's how to work it out.

How to Calculate BOTH Types of Compound Growth Rates in Excel

Here are nineteen examples of common date calculations used in Excel reports and analyses, using worksheet functions like DATE, EDATE, EOMONTH, and others.

Nineteen Date Calculations in Excel

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Popular

When you bring data from another source into an Excel worksheet, the data often includes rows that you’ll want to delete. Here's the first of two methods.

How to Delete Blank or Unneeded Rows, Method 1

Worksheet Interaction Charley Kyd -
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When you bring data from another source into an Excel worksheet, the data often includes rows that you’ll want to delete. Often, you’ll want...
When you want to look up data in Excel, you should never use a worksheet function with "lookup" in its name. Here's why...

Why INDEX-MATCH Is Far Better Than VLOOKUP or HLOOKUP in Excel

Downloads Charley Kyd -
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(Download the workbook.) Excel’s VLOOKUP function is more popular than the INDEX-MATCH function combination, probably because when Excel users need to look up data then a "lookup" function...
Excel provides several worksheet functions for working with normal distributions or 'bell-shaped curves.' This introduction to Excel's Normal Distribution functions offers help for the statistically challenged.

An Introduction to Excel’s Normal Distribution Functions

Business Statistics Charley Kyd -
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(Download the workbook.) When a visitor asked me how to generate a random number from a Normal distribution she set me to thinking about doing statistics...
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