In the last two posts, you learnt the basics of Net Present Value (NPV) and how to calculate NPV using formulae. However, Microsoft Excel makes it easy for you with two inbuilt functions. The first is NPV (surprise!) and the second is XNPV (my favourite). NPV From the official help article, NPV takes the following… Continue reading How to calculate NPV in Excel using Functions
I've covered the basics of Net Present Value (NPV) previously. If you don't know what NPV is, then please read that post first before continuing. After reading this post, you will be able to learn how to use Excel to calculate NPV of cash flows. This tutorial will teach you how calculate the NPV using… Continue reading How to calculate NPV in Excel using Formulae
The following is a guest post by the pdfconverter.com team. Most Excel users need tools for PDF conversion, especially when they want to preserve the spreadsheet data. Converting Excel files to PDF is usually not a daunting task but things get complicated when you need to edit your document and add more data in the… Continue reading 3 Reasons to use customized PDF to Excel conversion
As part of my day job, I've spent a lot of time working with Microsoft Excel and Microsoft PowerPoint. Not only with 2010, but also with Excel 2003 and Excel 2007. And with any task or software, the more you use it, the more efficient you get with it. Below are two key tips that I have learnt and… Continue reading 2 Tips to become more efficient at Microsoft Excel
This is one very powerful and, in my opinion, less used feature of Microsoft Excel. Many of you are familiar with Paste Special, also popularly called Alt + E + S after the legacy Excel 2003 shortcut which still holds true to this day. Below is what the Paste Special window looks like. You can… Continue reading This amazing Excel shortcut will save you hours!
Excel 2007 brought a host of new functions to Excel that were missing in Excel 2003. One of these functions was AVERAGEIF which returns the average (arithmetic mean) of all the cells in a range that meet a given criteria. One essential function that is still missing is MEDIANIF or MEDIAN IF which should ideally return the median of all the cells in a range that meet a given criteria.
Payback period in capital budgeting refers to the period of time required for the return on an investment to "repay" the sum of the original investment. For example, a $1000 investment which returned $500 per year would have a two year payback period. The time value of money is not taken into account.