providing onsite and telephone support to customers with Microsoft Excel questions. On this particular day‚ you are presented with the following three situations: Situation 1: A business professional wants to use Excel to organize data for the monthly expense report. He has never used Excel and is inquiring about the functions that would support him with this task. Situation 2: A husband is having difficulties with his Excel spreadsheet. He has been trying to track his monthly grocery spending
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Financial Ratio Analysis -As changes in a company’s several accounts change‚ it is hard to just casually inspect statement of earnings and balance sheets. Many items fluctuate simultaneously‚ making the reasons for the fluctuations hard to determine. -Financial Ratio Analysis is a useful management tool developed to assist in indentifying‚ interpreting and evaluating changes in the financial performance and condition of a business over a period of time. Its purpose is to provide information about
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significant division adding to profit margin at 19.1%. In comparison to previous years the wholesale revenues were $36‚287 and $27‚725 for 1999 and 1998 respectively. Operating income was$ 551(27.12%) and $562 (30.4%) for 1999 and 1998. This is showing a declining bottom line in regards to wholesale services. Gross profit percentages for the company as a whole have been declining also. They were 6.2 % (Rev $100.789 billion and gross profit of $6.727 billion)‚ 13.3% (Rev $40.112 billion and gross
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The companies’ financial ratios can be compared with the ratios of other equivalent companies between business sectors at one point of time. These comparisons provide explanations on the relative financial status and performance of the company compared to the relative performance of its competitors. Comparisons are usually made with other companies in the same business sector and the benchmark is assumed to be the suitable value for a company. The assumption here is for the companies in the same
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A high inventory turnover ratio is sometimes not a good thing for it reveals that the company may not have enough inventories to sell. People can analyze inventory turnover ratio with days in the inventory ratio. Nordstrom’s inventory turnover ratio in 2014 is 5.15 times which means the company turns over its inventory into sales 5 times a year‚ and the ratio in 2013 is 5.35 times. By comparing the inventory turnover ratio from 2013 with the ratio form 2014‚ we can conclude that Nordstrom’s
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Microsoft Excel supports many kinds of charts to help you display data in ways that are meaningful to your audience. When you use the Chart Wizard to create a chart — or when you use the Chart Type command to change an existing chart — you can easily select the type you want from a list of standard or custom chart types. For an overview of some standard chart types and their subtypes‚ click any or all of the following: Column charts A column chart shows data changes over a period of time or illustrates
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Reporting 5 Usefulness of Information produced 6 Conclusion 7 Appendix A: Reference 8 EXCEL VS. SAGE LINE 50 Introduction Ease of Use Other than sales‚ purchases and expenses being keyed in for Sage has more systematic approach than Excel as it has a flow for the user to trail. Another advantage of Sage would be the handling of stock which stock inflow and outflow could be track with the system compare to Excel which has database to trail stock. As from MTT has a problem with the stock as there
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Summary of Forecasting Profitability and Earnings In the competitive environment‚ there is a strong prediction in economic theory that profitability is mean reversion both within and across industries. For instance‚ under competition‚ firms will leave relatively profitless industries and turn into relatively high profitable industries. Some companies introduce new products and technologies that bring more profitability for an entrepreneur. Otherwise‚ the expectation of failure which makes companies
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Checklist of Financial Ratios Financial ratios allow a business owner to analyze and assess the firm’s financial performance and position over a period of time. By computing the financial ratios‚ you can also detect certain relationships between the different types of information. It gives you a quick indication of the firm’s performance in the areas of liquidity‚ profitability‚ capital structure as well as the financial position and potential risk involved. | | 1) | | Asset Turnover
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How to create a Histogram in Excel First‚ the Data Analysis "toolpak" must be installed. To do this‚ pull down the Tools menu‚ and choose Add-Ins. You need to have a column of numbers in the spreadsheet that you wish to create the histogram from‚ AND you need to have a column of intervals or "Bin" to be the upper boundary category labels on the X-axis of the histogram. See example of spreadsheet below: Pull Down the Tools Menu and Choose Data Analysis‚ and then choose Histogram and click
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