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Hands-On Financial Modeling with Microsoft Excel 2019

You're reading from  Hands-On Financial Modeling with Microsoft Excel 2019

Product type Book
Published in Jul 2019
Publisher Packt
ISBN-13 9781789534627
Pages 292 pages
Edition 1st Edition
Languages
Author (1):
Shmuel Oluwa Shmuel Oluwa
Profile icon Shmuel Oluwa

Table of Contents (15) Chapters

Preface Section 1: Financial Modeling - Overview
Introduction to Financial Modeling and Excel Steps for Building a Financial Model Section 2: The Use of Excel - Features and Functions for Financial Modeling
Formulas and Functions - Completing Modeling Tasks with a Single Formula Applying the Referencing Framework in Excel Section 3: Building an Integrated Financial Model
Understanding Project and Building Assumptions Asset and Debt Schedules Cash Flow Statement Valuation Ratio Analysis Model Testing for Reasonableness and Accuracy Another Book You May Enjoy

Excel – the ideal tool

The following features make Excel the ideal tool for any data:

  • Understanding data: No other software mimics human understanding the way Excel does. Excel understands that there are 60 seconds in a minute, 60 minutes in an hour, 24 hours in a day, and so on to weeks, months and years. Excel knows the days of the week, months of the year, and their abbreviations, for example, Wed for Wednesday, Aug for August, and 03 for March! Excel even knows which months have 30 days, which months have 31 days, which years have 28 days in February, and which are leap years and have 29 days. It can differentiate between numbers and text, it also knows that you can add, subtract, multiply, and divide numbers, and we can arrange text in alphabetical order. On the foundation of this human-like understanding of these parameters, Excel has built an amazing array of features and functions that allow the user to extract almost unimaginable detail from an array of data.
  • Navigation: Models can very quickly become very large, and with Excel's capacity, most models will be limited only by your imagination and appetite. This can make your model unwieldy and difficult to navigate. Excel is wealthy in navigation tools and shortcuts, it makes the process less stressful and even enjoyable. The following are examples of some of the navigation tools:
  • Ctrl + PgUp/PgDn: These keys allow you to quickly move from one worksheet to the next. Ctrl + PgDn jumps to the next worksheet and Ctrl + PgUp jumps to the previous worksheet.
  • Ctrl + Arrow Key (→↓←↑­): If the active cell (the cell you're in) is blank, then pressing Ctrl + Arrow key will cause the cursor to jump to the first populated cell in the direction of the cursor. If the active cell is populated, then pressing Ctrl + Arrow key will cause the cursor to jump to the last populated cell before a blank cell, in the direction of the cursor.
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