Indirect costs are expenses that don’t directly affect production, but still occur in a business. For example, if you have a physical location for your office or store, you must
Annual growth rates help in understanding the investment return rate over one year. Imagine you have a stock that you bought for a certain amount of money, and the price
Profit and loss statement, also known as the income statement, is one of the core financial statements that a company has to make every year. An income statement includes all
In order to calculate net present value, Microsoft Excel provides two functions called XNPV and NPV. In general, XNPV and NPV are complex calculations that involve numerous steps. The functions
IRR and XIRR are both financial metrics that people use to decide the best project for them to invest in. IRR is a tedious calculation, and XIRR is even more
Businesses often use Excel files for various tasks. Important Excel files are often shared with the associates of the business. However, if an employee edits the master file by mistake,
In Excel, pivot tables can be used to accomplish a lot of things. As pivot tables do their own calculations automatically, if we want to make a change and add
Calculated fields are often used in Excel to calculate new values from the existing fields. However, calculated fields are usually done for rows in a pivot table. Although it’s rare,
The values of a pivot table can do different types of calculations, but if you need the number of distinct counts, that option is not usually visible. Imagine you have
