If you want to make an investment for the future, you might be interested to know how many years it would take for the investment to start giving you a profit. While it is pretty easy when the cash ...
In order to achieve the target profit, a company must calculate the break-even point prior to setting the price. In Microsoft Excel, there are a few ways to do this. In this article, we will learn ...
If you work in the financial sector, you must learn how to prepare financial statements from a trial balance in Excel. Three kinds of financial statements are there to be made from a trial balance. ...
In the dual-entry system, balancing using debit and credit is a common practice. If you are creating a cash flow statement, you must learn the debit credit balance sheet excel formula. In this ...
In personal finance or cash calculation, calculating the running balance is mandatory. In a store, you want to know how much liquid cash is in the drawer so that you can pay regular bills and ...
Taking loans is a tough financial choice that a lot of people have to make these days. Before deciding on which loan to select, it is mandatory to calculate the mortgage payment and whether it will ...
If you are a data analyst or want to be one, you must know how to forecast in Excel based on historical data. In today’s world, almost every business needs to run forecasts for its operations. ...
When investing in a business project, the cash flow is usually not the same over the years. In order to justify an investment, we need to calculate the present value of the future cash flow. In this ...
Calculating the present value of an annuity is an important part of financial evaluations. Imagine you are entitled to receive a monthly pension for a fixed amount for a certain number of years. ...