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Exploring Microsoft Excel. Chapter 2 Gaining Proficiency: Copying, Formatting, and Isolating Assumptions. Objectives . Explain importance of isolating assumptions Define, select and deselect cell ranges Copy and move cells; differentiate between relative, absolute and mixed addresses
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ExploringMicrosoftExcel Chapter 2 Gaining Proficiency: Copying, Formatting, and Isolating Assumptions
Objectives • Explain importance of isolating assumptions • Define, select and deselect cell ranges • Copy and move cells; differentiate between relative, absolute and mixed addresses • Format a worksheet • Change column widths • Describe steps to create a financial forecast worksheet Chapter 2
Overview • Basic commands to create a worksheet • Use cell ranges and commands to build a worksheet • Isolate assumptions to easily evaluate alternatives • Improve appearance of worksheets • Accuracy is critical for spreadsheets Chapter 2
Getting around the Worksheet • A rectangular group of cells is a range • Copy duplicates contents of a cell from a source range to a destination range • Three types of addresses: absolute, relative and mixed • Move transfer contents of a cell Chapter 2
Creating a Workbook Hands-On Exercise 1 • Create a New Workbook • Save the Workbook • Enter Student Data and Literal Information • Enter Exam Weights • Compute the Semester Average • Copy the Semester Average • Compute Class Averages • What If? Change Exam Weights Chapter 2
Formatting • Column widths • Row Heights • Numeric Format • Alignment • Fonts • Borders, Patterns, and Shading Chapter 2
General Number Currency Accounting Date Time Percentage Fraction Scientific Text Special Custom Numeric Formats Chapter 2
Formatting a Worksheet Hands-On Exercise 2 • Center Across Columns • Increase the Width of Column A • Format the Exam Weights • Noncontiguous Ranges • Borders • Color • Enter Your Name and Social Security Number • The Page Setup Command • Print the Cell Formulas Chapter 2
A Financial Forecast • Always isolate assumptions and initial conditions • Creating a financial forecast is a common task • Be aware that by isolating that is separating initial conditions you spreadsheet will be more valuable when changes occur Chapter 2
A Financial Forecast Hands-On Exercise 3 • Enter the Formulas for Year One • Enter the Formulas for Year Two • Copy the Formulas to the Remaining Years • Format the Spreadsheet • Print the Completed Spreadsheet Chapter 2
Chapter 2 Summary • All commands operate on a cell or cell range • Formulas may be copied or moved • Absolute reference remains constant • Relative address is adjusted for new locations • Format by select-then-do • Tool for Decision Making Chapter 2
Practice with Excel 1. Coaches Realty 2. Sales Invoice 3. Birthday Probability Problem 4. Multiplication Table 5. Payroll for Employees Chapter 2
Case Studies • Establishing a Budget • The Entrepreneur • Break-even Analysis • The Corporate Balance Sheet • The Office Assistant • The Spreadsheet Audit Chapter 2