Financial Modelling Using Excel: Assessment - 3
Financial Modelling Using Excel: Assessment - 3
Assessment -3
Functions and Formulas of Excel
After the equal sign, a formula includes the address of the addresses of the
cells whose values will be manipulated with appropriate operands placed in
between.
You can also enter formulas by using the point mode, where you either click
on a cell with your left mouse button or you can use the arrow keys.
To enter ’=B2+B3+B4+B5’ into cell B6 using the point:
o Left click on cell B6 to make it active.
o Type ’=’.
o Use the up arrow key to move to cell B5, or left click on cell B5.
o Type ’+’.
o Use the up arrow or mouse to add cells B4, B3, and B2 in the same
fashion.
o Press Enter when you are finished entering the formula.
Function Wizard
You can access all of the available functions in Excel using the
Function Wizard.
ˆ Select the cell where the function will be placed and click the Function
Wizard button on the standard toolbar.
Other ways of starting the Function Wizard are:
– Select Function from the Insert drop menu.
– Click on the drop down arrow next to the Autosum icon button.
You will first see the commonly used functions in Excel, and at the
bottom of the menu, the More Functions option.
* Clicking on More Functions will give you an alphabetical and
categorical listing of all available function in Excel.
LIST OF FUNCTIONS
1. IF Functions
The IF function test to see whether a given condition is true or false.
Depending upon the result, different outcomes for the function can be
specified.
The IF function has also been combined with other popular Excel
functions to create such functions as SUMIF, COUNTIF, and
AVERAGEIF.
LIST OF FUNCTIONS
4. Logical Functions
These functions return only
true or false answer. They can
be used
individually or combined
with one or more other
functions.
LIST OF FUNCTIONS