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Business & Economics

    Excel solutions for tasks performed in businesses. And Excel reports and analyses about economic issues.

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    You can uncover new insights about your company by transforming your data before you chart it. This method of data transformation has revealed a long-term weakness in the U.S. economy.

    This Excel Analytical Charting Strategy Reveals an Economic Warning

    Analytical Methods Charley Kyd -
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    With normal charts, you find data and then you plot it. But with analytical charts, you transform your data in various ways to discover...
    Here's how to set up Future- and Present-Value formulas that allow compounding by using an interest rate and referencing cash flows and their dates.

    Find Future and Present Values from Scheduled Cash Flows in Excel

    Financial Analysis Charley Kyd -
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    "I would like a Future Value command similar to the XIRR and XNPV functions, which allow compounding by using an interest rate and referencing...
    With a little creativity in the design of your Excel charts, and in choosing its colors and fonts, you really can create professional-quality results.

    Professional Quality Excel Chart Labels, Legends, and Colors

    Business & Economics Charley Kyd -
    0
    The following Excel chart shows that Excel really CAN generate professional-quality chart figures. Here are some general strategies to consider… 1. Set up your data-plumbing correctly....
    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.

    How to Fight Spreadsheet Hell with Three Excel Lookup Functions

    Formulas & Functions Charley Kyd -
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    (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...
    Here's how to apply an Excel report, forecast, or analysis for one product, division, or other categoy to any number of categories. Part 2 of 3.

    How to Reproduce Your Excel Work Across Many Categories, Part 2 of 3

    Data Management Charley Kyd -
    0
    As I explained in Part 1 of this series, Excel users often need to apply many instances of data to one model or forecast, list...

    Add Low-Overwhelm Context to Your Line Charts

    Business & Economics Charley Kyd -
    0
    The data you display in charts often takes on new meaning when you display it in the context of other data. One way to add...
    By charting the annual Rate Of Change (ROC) of key measures, you can uncover significant information about your time-series data. And by using the right recession measure, you can put that information into better context.

    Chart Your Rate of Change to Reveal Hidden Business Performance

    Analytical Methods Charley Kyd -
    0
    What insights can you gain from the following Excel chart of Apple's quarterly revenues over the past 18 years? I see three things. First, their...
    When you combine conditional formatting with charts you can create detailed chart legends that match the relative positions of the lines in your chart.

    How to Create Dynamic Chart Legends in Excel

    Charting Methods Charley Kyd -
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    When I saw a chart designed like the ones below in the Wall Street Journal, I knew I had to create one just like...
    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

    Financial Analysis Charley Kyd -
    0
    I recently learned that my son—who's an avid amateur investor—had never heard of the Rule of 72. The rule of 72, I texted him, says...
    Excel offers two powerful worksheet functions that can return the data you need from any type of worksheet database. One is more powerful, but calculates slowly. The other is nearly as powerful, but much faster.

    The Two Functions You MUST Know to Return Values from Excel Tables

    Data Management Charley Kyd -
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    “Export to Excel is the 3rd most common button in BI apps…after OK and Cancel.” —Rob Collie, one of the founding engineers behind PowerPivot at...
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    Latest Articles

    The LET function is the most powerful function that Microsoft has released for Excel in years. Here's an introduction to its features.

    How to Use Excel’s LET Function

    Array Formulas Charley Kyd -
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    In the summer of 2020, Microsoft introduced the LET function for Excel 365—one of the most-significant new worksheet functions that Microsoft has introduced in...
    You can ratchet down errors in your Excel reports by using an Error Summary Table that uses conditional formatting to alert you to errors.

    How to Set Up an Automatic Error-Checking System in Excel Reports

    Accounting & Finance Charley Kyd -
    0
    Decades ago, I worked as a cost accountant for a large company. But because our department received terrible reports, I wrote my own reports...using...
    Here's how to create an Excel array from two others, with the arrays stacked either one on top of the other, or side-by-side, like books on a shelf.

    How to Stack and Shelve Dynamic Arrays

    Downloads Charley Kyd -
    0
    While using Excel 365 recently, I needed to create one dynamic array that would consist of two arrays, with one stacked on top of...
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