Tuesday, September 27, 2022

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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

Do you spend hours each period turning raw data into useful information? You can fight such Spreadsheet Hell with help from three key Excel functions.
Formulas & Functions

How to Fight Spreadsheet Hell with Three Excel Lookup Functions

Charley Kyd -
0
(I wrote this long ago, and there's much to be added. It's high on my Update list. Charley) Many Excel users build their reports like...
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

If you want all your Excel reports, analyses, forecasts, and other Excel work to be highly productive, this is the only strategy that will work for you.

An Introduction to Excel Data Plumbing

Here's how to use Excel to figure out whether you're making or losing money on the cash you borrow, why it matters, and what you can do about it.

Weighing Your Debt Load

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

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

Formulas & Functions

Excel has a reputation for having many errors in reports and analyses. But you can use simple methods to reduce errors significantly. Here are seven of them.
Error Reduction

Seven Ways to Avoid Errors In Excel Reports & Analyses

Charley Kyd -
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You can find many stories on the web about problems with spreadsheet errors. So I thought it would be useful to review some practical...
All Excel reports perform at least four tasks. Good reports assign these tasks to four sections, with specific worksheets defining each section.

How to Structure Your Report Workbook

Summary tables in Excel reports have always been difficult to format so they don't LOOK like Excel tables. Here's one extreme method you might want to try.

Add Some Style to Your Tables in Excel Reports

Three More Simple Tricks to Improve Excel Charts for Business

Three More Simple Tricks to Improve Excel Charts for Business

Here are eight simple tips that will make Excel quicker and easier to use and less cluttered. It also will make your reports more accurate.

Eight Tips to Make Excel Easier to Use

Excel Methods

Excel's STOCKHISTORY function can return decades of history about the prices of stocks for thousands of public companies from many countries. Here's an introduction to that function.
Business & Economics

Introducing Excel’s STOCKHISTORY Function

Charley Kyd -
0
The STOCKHISTORY function recently showed up in my non-beta version of Excel 365. Its appearance was a surprise because it wasn't announced as a What's...
Using Excel 2007 and above, you can create shaded areas in charts to specify areas of special interest. Here's how to do this using normal curves.

How to Create Normal Curves With Shaded Areas in Excel

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

The Rule of 72 is a guesstimate of how long it will take an investment at a specific interest rate to double in value. But how accurate is it? Ask Excel.

Excel and the Rule of 72

SUMPRODUCT is one of Excel's most-powerful worksheet functions. Here, for example, you can use it in one formula to search text in one cell for many items.

How to Perform Multiple Table Searches Using the SEARCH & SUMPRODUCT...

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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 -
0
(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 -
0
(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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