Posts

Showing posts from December, 2019

SUM, SUMIF, SUMIFS

Image
SUM, SUMIF, SUMIFS SUM FUNCTION The Excel SUM function returns the sum of values supplied. These values can be numbers, cell references, ranges, arrays, and constants, in any combination. SUM can handle up to 255 individual arguments. Purpose - Add numbers together Syntax =SUM (number1, [number2], [number3], ...) Example To sum yellow highlighted D2 to D 13 =SUM(D2:D13) Result: 7601 ************************************** SUMIF FUNCTION  The Excel SUMIF function returns the sum of cells that supplied criteria. Criteria can be applied to dates, numbers, and text using logical operators (>,<,<>,=) and wildcards (*,?) for partial matching. Purpose - Sum numbers in a range that meet supplied criteria Syntax =SUMIF (range, criteria, [sum_range]) Example 1.Total count of Area named "Badami" =SUMIF(C2:C13,"Badami",D2:D13 ) Result: 2182

Basic Excel Formulas Guide

Image
Basic Excel Formulas Guide Mastering the basic Excel formulas is critical for beginners to become highly proficient in financial analysis. Microsoft Excel is considered the industry standard piece of software in data analysis. Microsoft’s spreadsheet program also happens to be one of the most preferred software by investment bankers and financial analysts in data processing, financial modeling, and presentation. This guide will provide an overview and list of basic Excel functions. Basic Terms in Excel There are two basic ways to perform calculations in Excel: Formulas and Functions. 1. Formulas In Excel, a formula is an expression that operates on values in a range of cells or a cell. For example, =A1+A2+A3, which finds the sum of the range of values from cell A1 to cell A3. 2. Functions Functions are predefined formulas in Excel. They eliminate laborious manual entry of formulas while giving them human-friendly names. For example: =SUM(A1:A3). The function sums all the valu...

Welcome to the world of Excel

Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications. It has been a very widely applied spreadsheet for these platforms, especially since version 5 in 1993, and it has replaced Lotus 1-2-3 as the industry standard for spreadsheets. Excel forms part of the Microsoft Office suite of software.