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If you were a financial planner, what are some Excel formulas that you might use or need? Please specify and explain
Weegy: One Excel formula that you might use or need if you were a financial planner is if you were building a budgeting worksheet and wanted to calculate the total of a handful of values.You could total the budgeted expenses by entering a formula such as [ =500+50+500+2000+250 into a particular cell--say cell C7 ] (More)
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Asked 9/4/2011 6:14:31 PM
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What is the AutoSum button? How does it work?
Weegy: AutoSUM button,is located on the Standard Toolbar in Excel 2003, is a shortcut provided for using the SUM function. User: In your financial planning worksheet, when might you use conditional formatting? Please specify and explain. Weegy: In financial planning You can use Excel conditional formatting to check for errors, and change the font colour to match the cell colour. [ In this example, if column A contains a zero, the #DIV/0! error is displayed in column C. Select cells C2:C5 Choose Format|Conditional Formatting From the first dropdown, choose Formula Is For the formula, enter a formula that refers to the active cell in the selection: =ISERROR(C2) or, to hide only #N/A errors: =ISNA(C2) Click the Format button. Select a font colour to match the cell colour. Click OK, click OK ] (More)
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Asked 9/4/2011 7:50:46 PM
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If you were a financial planner, what are some Excel formulas that you might use or need? Please specify and explain (you may need to look this up on the Internet).
Weegy: You would need to know formulas for: 1.Future value 2.Present value 3.Compound or simple interest 4.Amortization/Depreciation To make your own financial calculator in Excel, start a new file or sheet and label fields for Rate, Nper, PMT, PV, [ and Type, and add some sample values. Choose the cell where you want the result for FV to go. Click Insert, then Function (or fx on the task bar) to open Insert Function window. In the left column, select "Financial". This will give you all the functions in financial calculation. ] (More)
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Asked 9/4/2011 8:01:04 PM
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Discuss the differences between the general journal and the general ledger User: What is the purpose of having both general journal and general ledger in an accounting system
Weegy: Journals are referred to as books of original entry. Accounting entries are recorded in a journal in order by date. Journal entries are quick and easy to do on the spot. The General ledger breaks everything down into the individual accounts. [ As with almost everything in Accounting there is a way to trace things back when there are errors. If the accounts do not balance out, you can go back to the journal where the original entries were made. It is a way of double checking things. If at the point of a transaction the posts were made directly to the general ledger it would be very difficult to find any errors. ] (More)
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Asked 9/4/2011 10:23:57 PM
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What is the Auto Sum button? How does it work? User: Sometimes, MS Excel formulas and functions are used interchangeably in conversations. However, there are differences between the two. What are these differences?
Weegy: A formula is statement written by the user to be calculated. Formulas can be as simple or as complex as the user wants. [ A formula can contain values, references to cells, defined names, and functions. All formulas must start with the equals sign. =1+2+3 A function is a piece of code designed to calculate specific values and are used inside formulas. Functions to sum values, calculate a trigonometric cosine, and to calculate the current time are built into excel. Additional functions can be defined using Visual Basic. Functions are typed alongside parenthesizes, where in the arguments if any are listed in between. Read more: ] (More)
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Asked 9/5/2011 8:25:14 AM
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