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Leveraging Excel FunctionsFunctions are essentially canned formulas that Excel provides as a way to accomplish common tasks. Some Excel functions perform simple calculations, saving you from having to enter the formula yourself. Other functions perform complex actions that would be impossible to per
kends) between a given start date and end data.To use the NETWORKDAYS function, you need to provide, at minimum, the start and end dates. These are the required arguments.The following formula gives you the answer 260, meaning that there are 260 workdays between January 1, 2014, and December 31, 201
Finding out which arguments are needed for a given functionAn easy way to discover the arguments needed for a given function is to begin typing that function into a cell. Click a cell, enter the equal sign, enter the function name, and then enter an open parenthesis. Recognizing that you are enterin
Understanding Formula ErrorsIt’s not always smooth sailing when you’re working with formulas. Sometimes a formula returns an error value instead of the value you were expecting. Excel helps you identify what the problem may be by returning one of seven error values: #DIV/0!, #N/A, #NAME?, #NULL!, #N
Keep these rules and best practices in mind when choosing a name for your range:You cannot use spaces in range names. Use an underscore to emulate a space instead (for example, Sales_Items). Range names must begin with a letter or an underscore.Range names cannot be the same as cell addresses. For i
Common Mathematical OperationsMost Excel analysts working in the corporate world are asked to perform mathematical operations that provide insight into key operational metrics. Calculations such as percent of totals, variance to budget, and running totals are the cornerstone of any basic business an
How it worksThe one thing to note about this formula is the use of parentheses. By default, Excel’s order of operations states that division must be done before subtraction. But if you let that happen, you would get an erroneous result. Wrapping the first part of the formula in parentheses ensures t
Alternative: Percent distribution without a edicated Total cellYou don’t have to dedicate a separate cell to an actual Total value. You can simply calculate Total on the fly within the percent distribution formula. Figure 2-6 demonstrates how you can use the SUM function in place of a cell dedicate
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