What are Excel Comments? When creating an Excel workbook, users can use Excel comments for various reasons. One of the feature’s uses is to explain a formula in a cell, especially when other people will use the Excel file. Also, Excel comments can also be used to add reminders or notes for other users, as…
What is Strategic Asset Allocation (SAA)? Strategic asset allocation refers to a long-term portfolio strategy that involves choosing asset class allocations and rebalancing the allocations periodically. Rebalancing occurs when the asset allocation weights materially deviate from the strategic asset allocation weights due to unrealized gains/losses in each asset class. An SAA strategy is used to…
What is a Credit Analyst? A credit analyst is a finance professional whose primary function is to assess requests for credit and, after reviewing and analyzing the financial statements, determine through due diligence if an individual or company is worthy of receiving financing. It may be the first-time issuance of funds or refinancing. On a…
Work Smarter in Excel with Keyboard Shortcuts If you’re still reaching for the mouse every few seconds, it’s time to level up. The best Excel keyboard shortcuts can dramatically increase your speed and efficiency, especially for financial modeling, data analysis, and reporting tasks. Whether you’re using a PC or Mac, this guide provides a comprehensive…
What is the PI Function in Excel? The PI Function in Excel returns the mathematical constant “pi.” To recap, PI is the ratio of a circle’s circumference and its diameter. Often, we would use the PI Function in Excel, especially when our business is required to do geometric calculations. These calculations entail calculating the area…
What is the ABSOLUTE Function in Excel (ABS)? The ABS Function in Excel returns the absolute value of a number. The function converts negative numbers to positive numbers while positive numbers remain unaffected. Formula ABSOLUTE Value = ABS(number) Where number is the numeric value for which we need to calculate the Absolute value. How to use the ABSOLUTE…
What is the SUMIFS Function in Excel? We all know the SUMIF function allows us to sum the data given based on associated criteria within the same data. However, the SUMIFs Function in Excel allows applying multiple criteria. Formula used for the SUMIFS Function in Excel “SUMIFS ( sum_range, criteria_range1, criteria1, [criteria_range2, criteria2, criteria_range3, criteria3, ……
What is the SUBTOTAL Function in Excel? The SUBTOTAL Functionin Excel allows users to create groups and then perform various other Excel functions such as SUM, COUNT, AVERAGE, PRODUCT, MAX, etc. Thus, the SUBTOTAL function in Excel helps in analyzing the data provided. Formula SUBTOTAL = (method, range1, [range2 …range_n]) Where method is the type…
What is the Eisenhower Matrix? The Eisenhower Matrix – also known as the Eisenhower Decision Matrix, the Eisenhower Important/Urgent Matrix, or simply as the Important/Urgent Matrix – is a graphical tool used to prioritize tasks by ranking them on two key attributes: Importance and Urgency. The Eisenhower Matrix was derived from a quote attributed to…
