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Financial Modelling Using Excel: Assessment - 3

This document discusses functions and formulas in Microsoft Excel. It explains that Excel allows for organizing and managing data through multiple features, and uses formulas and functions to dynamically calculate results from available data. It provides examples of entering formulas by referencing cell addresses and using operands. It also describes accessing all available functions through the Function Wizard. Finally, it lists some common types of functions in Excel, including IF functions, date and time functions, math and trig functions, logical functions, and text and information functions.
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0% found this document useful (0 votes)
57 views9 pages

Financial Modelling Using Excel: Assessment - 3

This document discusses functions and formulas in Microsoft Excel. It explains that Excel allows for organizing and managing data through multiple features, and uses formulas and functions to dynamically calculate results from available data. It provides examples of entering formulas by referencing cell addresses and using operands. It also describes accessing all available functions through the Function Wizard. Finally, it lists some common types of functions in Excel, including IF functions, date and time functions, math and trig functions, logical functions, and text and information functions.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Financial Modelling Using Excel

Assessment -3
Functions and Formulas of Excel

Name of the student :Ritu mandiya


URN-2018-B-16072000
Program: B. com(H)
Submitted to- Gaikwad.P
 Micro soft Excel has many capabilities that
make it suitable for use as a Data management
tools
 It provide multiple features for organizing
and managing data, So you can ensure that
data is entered correctly and calculations and
formulas are valid.
Functions
and  Excel makes use of formulas(mathematical
expressions that you create) and functions
Formulas (mathematical expressions that are already
available in excel) to dynamically calculate
results from the data available in your
worksheet.
Entering Formulas

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

2. Date and Time Functions

Dates are very important in spreadsheet programs like Excel.


Most spreadsheets make use of dates in some way. Listed below
are a number of date related tutorials. Each tutorial includes a step
by step example of working with dates in Excel.
LIST OF FUNCTIONS

3. Math and Trig


Functions
The math functions carry out basic math
operations such as adding, multiplying,
and dividing numbers.
The Trig functions can be used to find
the sine, cosine, and tangent of an angle
as well as converting angle sizes
between radians and degrees.
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

5.Text and Information Functions


Excel's Text Functions help you manage the text data in your
spreadsheets.
The information functions tell about the data in a cell or range
of cells. This information includes whether the data is a
number, the formatting applied to the cell, or even if the
cell is empty.

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