Excel Pamphlet Print
Excel Pamphlet Print
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EXCEL 2007: Is an electronic worksheet that is used to organize, manipulate and graph
numeric data. Once used almost exclusively by accountants, worksheets are now widely used
by nearly every profession. Marketing professionals record and evaluate sales trends.
WHAT IS AN ELECTRONIC SPREADSHEET?
WHAT IS A WORKBOOK
The workbook is the entire book, while the worksheet is a single page within that book. A
workbook can contain, at minimum, one worksheet, and up to a very large number of
worksheets that is only limited by the available memory on your computer. Worksheets can
be added, deleted or renamed within the workbook
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Among the computer programs which exist, Microsoft Excel is one of the most
important because of the key role it plays in many sectors. It is the most used
spreadsheet program in many business activities, classwork and even personal data
organisation. Excel was first released in the year 1985. Since then, it has played a vital
role in performing formula based arithmetic and calculations, and other activities that
may require mathematical calculations. Many businesses, personal and institutional
enterprises have embraced the use of Excel because of its utility and the ability to serve
as a visual basic for different applications. The importance of MS Excel can be seen in
the different departmental units it is used as follows.
1. GRAPHING
This package plays a very important role in graphing as it has the ability to produce a
variety of different charts, which may be used by different departments to represent
statistical data in more visual way. Since the formulae and procedures are incorporated
in the package, it is always an easy and time saving to create charts. Unlike other
graphing programs, Excel is much more cost effective as it plays many different roles,
and can be used for so many different things.
2. DATA ORGANISATION
Data is raw, unprocessed information, which needs to be stored in a systematic and
organised manner. Effectively, one needs to use Microsoft Excel. Excel gives the users
the ability to set up tables, in which they can organise their data and provide updating
keys too. The benefits of data organisation using excel are felt by administrators who
always have so much information that needs to be updated regularly. The Excel tables
will help administrators to observe the progress of single as well as combined statistics
such as report trends and product complexities.
3. PROGRAMMING
when it comes to programming, you find out that MS Excel supports almost all the
programming language applications used in creating macros. This makes it easy to solve
complex functions thus increasing the efficiency in programming.
Finally, the knowledge of Microsoft Excel is vital in most of the modern organisations for
the purpose of proficiency. Many organisations want to keep systematic and up to date
records of their products, programs and activities. Therefore individuals who are
proficient in creating or coming up with Excel macros are considered as assets to a given
organisation.
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Microsoft Excel is the most popular spreadsheet program currently in use. Businesses
use it for everything from accounting to keeping track of attendance, and home users
find a variety of uses for it as well, from tracking schedules to organizing records for tax
time.
Spreadsheets are frequently the go to tool for collecting and organizing data, which is
among the simplest of its uses. Information can easily be placed in neat columns and
rows and then sorted by information type. Although a large collection of data may be
overwhelming to view in its raw state, tools within the program allow the user to create
presentations where the data is analyzed and plugged into pie charts or tables for easy
viewing and interpretation.
However, the downside is that only the information that the user chooses for analysis is
included in these presentations, and therefore, other pertinent information that may
influence decision making might be excluded, unintentionally. To make reporting of data
more user friendly and comprehensive, companies are choosing to use reporting tools
such as Tableau and Qlik, instead of relying solely on the spreadsheet.
No one likes to spend all their time at work doing repetitive calculations. The great
appeal of spreadsheets is that the program does all the math for the user. Once a
formula is written and the program has a set command, complex calculations can easily
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be computed for the related data that has been input. This allows users to ask "what if"
types of questions and to easily get the answers they need without the need to rework
the calculations.
For example, if the spreadsheet is set up to calculate your gross profit, when any
variable such as cost per unit, shipping costs, or sales discount are changed, the
software automatically recalculates the new gross profit based on the new information.
The difficult part for many users, is that the calculations must be entered into the
spreadsheet as formulas. This requires learning the correct syntax for each type of
calculation you wish to make. Although many classes are available to learn the skills
necessary to use these formulas, many users still find them difficult. If the syntax is
incorrect, the program will not return the correct information when the calculations are
run. Additionally, if users input the wrong data, even in only one cell of the spreadsheet,
all related calculations and cells will be affected and have incorrect data.
In today's collaborative work environment, multiple users within an office often need
access to the same documents. If using Microsoft Excel, the spreadsheets can be shared,
but only one user can change data at a time. If local copies are made and updated, other
users will not have access to the new data. Google Sheets offers the solution of file
sharing and allowing multiple users to access and update a single form.
Be aware that, in both cases, there is no file history. Therefore, no matter who makes
changes at any time, when any changes are made, the previous information history is
lost.
Another spreadsheet disadvantage is the lack of security for your files. Typically,
spreadsheets are not that secure and therefore are at greater risk for data corruption or
mismanagement of information. Files that contain sensitive financial information may
not be safe from hackers, even if password protected.
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Teachers can use table styles, shapes, charts, data tools, and formulas to teach students
in the classrooms. Students can learn and solve basic and logical-mathematical
problems and statistics in excel.
Teachers can educate by creating a table in an Excel sheet. They can highlight more
interesting cells in colors, emphasize important values and visualize data using bars and
charts.
I don’t think the business owner, either small or big company can be productive and
managed without the use of Microsoft Excel.
Microsoft Excel application can be used in various business operations. Such as goal
setting, budgeting process, and planning, team management, account management,
income, and expenses calculation, product and service valuation, and management of
client’s data, etc. in business.
The uses of Microsoft Excel in business make such daily official operations faster,
accurate and predictable. Because Excel provides great features such as filters, charts,
conditional formatting and pivot table, logical and financial formulas.
Online business owners or offline can use Excel to manage their daily life work. Such as
work progress, team management, payouts details, business progress. Such as if you
want to track your marketing campaign progress then go to the file-new- template and
search for a marketing campaign and you will be amazed by seeing pre-designed and
formulated cells.
Housewives can use Excel to manage their daily house expenses. They can create
monthly expenses report. They can track their spending habits. Also if housewives learn
Excel then it’s also beneficial for them to teach kids basic excel skills too. It is because
many computer teachers are unable (due to various reasons) to teach all excel skills
practically to students in schools.
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The use of Excel for housewives also helpful if they are doing business or job or for
looking part-time work. There are various online and offline jobs and projects that they
can do from home by learning and using excel.
Click Start
Then move to All programs
Then click Microsoft Office
In there on the Microsoft Office, you will see all the office packages from there you can get
Access to EXCEL
Hold the window key +R this will give you a dialog box, in the box you type EXCEL
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Quick
Access
Toolbar
Cell Selector
Formula bar
Vertical
Scrollbar
Ribbons
Name box
Status bar
Zoom
Tool
The Home Tab Toolbar offers options that can change the font, size, color, alignment,
organization and style of the text in the spreadsheet and individual cells. For example,
the “Calibri” indicates the FONT of your text, the “11” indicates the SIZE of your text;
etc. We will go over how to use all of these options to format your text in a little while.
Each of these options expands into a menu if you left-click on the tiny down-arrow in
the bottom right corner of the window.
This tab works the exact same way as the MS Word Formatting Toolbar. The main
difference is that the format changes will only affect the selected cell or cells, all
unselected cells remain in
the default setting (“Calibri” font, size “11”).
FORMULA BAR
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The Formula Bar, also known as the Equation Editor, is generally found below the ribbon
menu the left side denotes which cell is selected (“A1”) and the right side allows you to input
equations or text into the selected cell. There are two ways to input information into a cell.
You may either select an individual cell and type the equation or text into the formula bar or
type the equation or text directly into the selected cell.
Equations (for example, =SUM(D5+E5)) will automatically be hidden inside the cell and can
only be viewed using the formula bar; the result of the equation will display in the cell.
If any written text is longer than the cell width, then the spreadsheet will cover up any portion
longer than the cell width. The information will still be in the cell, you just won’t be able to see
it at all times.
KEYBOARD REVIEW
In order to use Excel effectively, you must input commands using both the mouse and the
Keyboard. The above image of a keyboard should look similar to the keyboard in front of
you; learning just a few certain keys will help to improve your efficiency in typing as well as
present you with more options within the program. The following is a list of commonly used
keys that you may already be familiar with:
1. Backspace: This key deletes letters backwards.
2. Delete: This key deletes letters forward.
3. Shift: This key, when pressed WITH another key, will perform a secondary function.
4. Spacebar: This key enters a space between words or letters.
5. Tab: This key will indent what you type, or move the text to the right. The default indent
distance is usually . inch.
6. Caps Lock: Pressing this key will make every letter you type capitalized.
7. Control (Ctrl): This key, when pressed WITH another key, performs a shortcut.
8. Enter: This key either gives you a new line, or executes a command.
9. Number Keypad: These are exactly the same as the numbers at the top of the keyboard;
some people just find them easier to use in this position.
10. Arrow Keys: Like the mouse, these keys are used to navigate through a document or
page.
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EXERCISE 1 (ONE)
In some situation, you may need to widen a column, increase the height of a row (or
decrease the size of either), or combine or merge two or more cells to create a heading row
or column. Spreadsheet application software includes the tools to facilitate these changes.
CHANGE COLUMN OR ROW SIZE
In addition to entering text, data or a formula into a worksheet cell, you can also change the
structure of a worksheet by making its rows taller or shorter or making it columns wider or
narrower. Changing the height of a worksheet row or the width of a worksheet column
directly changes the cells in the row or column, or both, that is modified.
AUTOFIT OPTION: The width of a column or the height of a row can be set to automatically
adjust to the width or height of the longest or tallest data string entered or to be displayed in
any cell in the column or row. The AutoFit option allows the width of a column or the height
of a row can be set to automatically adjust to the width or height of the longest or tallest
data string entered or to be displayed in any cell in the column or row. The steps to change
the row or column into a worksheet are as follows:
MANUAL RESIZING: Rows and columns (and all of their cells) can be automatically resized to
fit their contents by moving the cursor over the top or bottom border of a row label or the
right border of a column label to display the horizontal split (H-Split) or the Vertical Split.
FORMAT CELL MENU: If the width or height of a single cell is adjusted, the corresponding row
and column sizes are automatically adjusted as well.
INSERT WORKSHEET: Should you need more than default number of worksheets in a
workbook, you can click the insert worksheet tab on the tab row at the bottom of the
workspace to add a new worksheet at the end of the existing worksheet. You can also use the
shortcut keys SHIFT+F11 to insert a new worksheet before the active worksheet
MERGING CELLS
To combine or merge two or more cells of a row or column, different processes are used,
depending on the direction of the merge. To merge cells of a single row and center-align the
content in the leftmost of the cells across the merge cells, highlight cells to be merge, either
horizontally, vertically, or both, and then click the merge and center button in the alignment
group under the Home tab.
DELETING A CELL, ROW, COLUMN OR WORKSHEET
DELETE CELL: To delete a cell (and its contents, of any), right click the cell to be deleted,
choose delete from the pop-up menu, and choose between shift cells up or shift cells left to
delete the cell and shift the adjacent cells accordingly.
DELETE ROW OR COLUMN: Click the row or column designator to select the row or
column to be deleted, right click the selected row or column, and click delete. Remember
that if you delete a row or column with content in its cells, the content is removed as well.
DELETE WORKSHEET: To delete a worksheet from a workbook, first check that the
worksheet to be deleted isn’t linked to any other worksheets in the workbook or any external
workbooks. If the worksheet can be deleted without causing problems elsewhere, right click
the tab of the worksheet you wish to delete and choose delete. If the worksheet contains any
data, you are prompted to verify that this is what you intended to do. If so, click yes to
complete the deletion.
EXERCISE 2 (TWO)
The worksheet below displayed the payroll of workers at the BANK OF SIERRA LEONE in
Freetown. Use the data to perform the required calculations.
NAMES OF WORKERS GRADE WORKERS HOURS ALLOWANCES
Sulaiman Konneh A 46 480,000
Abu Bakarr Dumbuya A 58 480,000
Ishmael Bangura B 22 350,000
Thomas Davies C 91 300,000
Mariama Koroma B 12 480,000
Juma Konneh B 40 350,000
Isatu Sesay C 18 350,000
Saidu Koroma A 85 480,000
Alusine Kamara A 39 480,000
Brima Kamara C 55 300,000
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SOLUTIONS
1. The Basic salary is=Hours Worked*Rate.
2. The Gross Salary is= Basic Salary+Allowance
HOW MANY WORKERS ARE WORKING IN THE BANK?
a. Click to cell A13
b. Click Editing ribbon under the Home Tab and click the drop down arrow in front of auto
sum then click count numbers
c. See your formula result before clicking OK
AUTO FILL
The auto fill features fills cells data or series of data in a worksheet into a selected range of
cells. If you want the same data copied into the other cells, you only need to complete one cell.
If you want to have a series of data (for example, days of the week) fill in the first cells in the
series and then use the auto fill feature.
EXERCISE 3 (THREE)
The table below displays the details of customers of the ROKEL COMMERCIAL BANK of their
account balances. Input the list in your worksheet and calculate the savings account interest
which is 3% of account balance and the Bank charges for the current account which is 4% of
current account balance.
ACCOUNT CUSTOMER NAME SEX SAVINGS A/C CURRENT A/C
BALANCE BALANCE
RCB001 Sulaiman Konneh Male 500000 850000
RCB002 Ishmael Bangura Male 650000 500000
RCB003 Thomas Davies Male 530000 760000
RCB004 Abu Bakarr Male 600000 540000
Dumbuya
RCB005 Mariama Koroma Female 700000 625000
RCB006 Isata Mattia Female 670000 580000
RCB007 Lansana Sheriff Male 500000 860000
RCB008 Chris Kamara Female 800000 520000
RCB009 Haja Koroma Female 500000 650000
RCB010 Lansana Conteh Male 660000 740000
RCB011 Ibrahim Turay Male 760000 500000
RCB012 Fatmata Kolokoh Female 890000 620000
RCB013 Juma Konneh Female 650000 560000
RCB014 Gibril Mansaray Male 500000 500000
RCB015 Mariama Koroma Female 690000 750000
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SOLUTION
Type the heading SAVINGS ACCOUNT INTEREST in cell F1
Enter the formula=D2*3%
Strike the enter key and auto fill the answer down wards
TO CALCULATE THE BANK CHARGES
Type the heading BANK CHARGES in cell G1
Enter the formula =E2*4%
Strike the enter key and auto fill the answer down wards
TO CALCULATE THE HIGHEST SAVINGS ACCOUNT INTEREST IN CELL A18
Click Insert Function, select MAX and click OK
TO FIND THE INTEREST ON LOAN
Type the heading INTEREST ON LOAN in cell H1
Click to cell H2
Enter =G2-D2
FORMAT WORKSHEET TAB
NAMING OR RENAMING A WORKSHEET: If you insert a spreadsheet into a worksheet, you may
want to name the worksheet by entering a unique name on its tab. To name or rename, a
worksheet different process can be used, double click its tab and enter the name you wish to
assign to it, or
Click the format ribbon drop down arrow under the Home Tab click rename sheet
Or you right click down to the sheet and click to rename sheet
Enter a unique name then you Strike the enter key on the keyboard.
TO RENAME A WORKSHEET
1. Double-click the sheet tab of the worksheet you want to rename.
2. Type the new name of the worksheet, and then press the enter key .
TO COPY A WORKSHEET TO ANOTHER WORKBOOK
1. Open the workbook that will receive the new worksheets.
2. Switch to the workbook that contains the worksheets you want to copy, hold
down the control key (Ctrl) key, and click the sheet tabs of the worksheets you want to copy.
3. Right-click the selection, and then click Move or Copy.
4. Select the Create A Copy check box.
5. In the To Book list, click the workbook to which you want the worksheet(s)
Copied.
6. Click OK.
TO CHANGE THE ORDER OF WORKSHEETS IN A WORKBOOK
➜ Drag the sheet tab of the worksheet you want to move.
TO HIDE A WORKSHEET
1. Hold down the key and click the sheet tabs of the worksheets you want
to hide.
2. Right-click any selected worksheet tab, and then click Hide.
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TO UNHIDE A WORKSHEET
1. Right-click any worksheet tab, and then click Unhide.
2. Click the worksheet you want to unhide, and then click OK.
TO CHANGE THE COLOUR OF A WORKSHEET TAB
Open the sheet that you want to give a worksheet tab colour
Click the format ribbon drop down arrow
Click tab colour
Or right click down the worksheet and choose your favorite colour
Choose a unique name then you Strike the enter key on the keyboard
CHART TOOLS
Creating a chart in Microsoft Office Excel is quick and easy. Excel provides a variety of chart
types that you can choose from when you create a chart. Excel offers Pie, Line, Bar, and Column
charts to name but a few. Showing data in a chart can make it clearer, more interesting and
easier to read. Charts can also help you evaluate your data and make comparisons between
different values.
TO CREATE A CHART
1. Select the data that you want to use in the chart – remember for non-adjacent cells use the
Ctrl key with the mouse.
2. Click on to the Insert Tab
3. In the Chart Group select the Chart Type that you require. From the drop down list select the
version of the chart you require or Click on the Recommend Charts button and select a chart
layout that excel recommends for your data.
4. The chart will display on your worksheet and the Chart Tools Tabs will display.
MODIFY A CHART
Once you have created a chart you can do several things to modify the chart by giving a chart
title and axis title, you can also design your chart by given it your favourite colour of your
choice. To design a chart click on the contextual tab which is design tab click the drop down
arrow in front of chart styles ribbon click your favorite colour.
CHANGING WORKBOOK APPEARANCE
To change a cell’s font, font style, font color, or background color
1. Select the cells you want to change.
2. On the Home tab, use the controls in the Font group to format the cells.
TO ADD A BORDER TO A CELL
1. Select the cells around which you want to draw a border.
2. On the Home tab, in the Font group, click the Border arrow, and then, in the list,
click the type of border you want to apply.
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EXERCISE 5 (FIVE)
The table displays the names and grades of the student of SHEIKH TAIS ACADEMY COMPUTER
TRAINING SCHOOL. You are asked to find the grades of every student if he/she scores a test
grades greater than 82% will receive a certificate otherwise no certificate
STUDENT ID NAME SEX PROGRAMMS TEST GRADE GRADE
MCAS01 Sulaiman Konneh Male MCAS WORD 82%
MCAS02 Thomas Davies Male MCAS WORD 90%
MCAS03 Mariama Koroma FEMALE MCAS ACCESS 98%
MCAS04 Isata Kargbo FEMALE MCAS POWER POINT 53%
MCAS05 Ishmael Bangura Male MCAS ACCESS 99%
MCAS06 Aminata Conteh FEMALE MCAS ACCESS 89%
MCAS08 Hawa Turay FEMALE MCAS POWER POINT 82%
MCAS09 Lansana Kamara Male MCAS WINDOWS 55%
MCAS010 Juma Konneh Male MCAS WINDOWS 90%
MCAS011 Bintu Tarawally FEMALE MCAS WORD 98%
MCAS012 Jenneh Koroma FEMALE MCAS EXCEL 79%
MCAS013 Abu Dumbuya Male MCAS EXCEL 87%
MCAS014 Alusine Conteh Male MCAS WINDOWS 99%
MCAS015 Brima Kargbo Male MCAS WINDOWS 83%
Solution
Click to cell F2
Click Insert Function fx
Inside the dialogue box, enter the formula
Logical text E2>82%
Value if true “CERTIFICATE”
Value if false “NO CERTIFICATE”
Click OK
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DATA ANALYSIS
If your worksheet contains a lot of content, it can be difficult to find information quickly. Filters
can be used to narrow down the data in your worksheet, allowing you to view only the
information you need.
AutoFilter and Advanced Filter
Filtering rows allows you to include or exclude rows based upon a value. When a column is
filtered a small filter icon appears in the column header.
AutoFilter
The AutoFilter feature puts drop-down arrows (with menus) in the titles of each column. The
menus are used to select criteria in the column so that only records that meet the specified
criteria are displayed.
1. In order for filtering to work correctly, your worksheet should include a header row, which is
used to identify the name of each column.
Example is shown below
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EXERCISE 6 (SIX)
Click to
picture
EXERCISE 7 (SEVEN)
The table below is a payroll of Mr. Konneh Jr. Ltd. 53 Bai Bureh Road, Shell-Freetown. You are
required to enter the data as shown and carry out the necessary calculation by using the correct
formulas.
SOLUTION
To find the WATER RATE
A. Click to cell D2 and enter the equal sign=
B. Enter the correct formula C2*4% then strike the enter key on the keyboard apply auto fill down
wards
TO FIND THE FOOD
A. Click to cell E2 and enter the equal sign=
C. Enter the correct formula C2*6% then strike the enter key on the keyboard, apply auto fill
down wards
TO FIND NASSIT
A. Click to cell F2 and enter the equal sign=
D. Enter the correct formula C2*5% then strike the enter key on the keyboard, apply auto fill
down wards
SOLUTION
To calculate the Bill: (=quantity * unit price) or = C2*D2
To calculate the BALANCE (bill – paid) or E2 – F2
To Calculate the TOTAL AMOUNT
Click to cell D13
Enter the correct formulae
= D2+D3 +D4 +D5+D6+D7+D8+D9+D10+D11+D12
Strike the enter key on the keyboard
Rename the sheet as DAILY SALES
EXERCISE 9(NIGHT)
STUDENT PERSONAL REPORT FOR JUNE 2020
Name of Maths Chemistry Physics Biology English French Arabic Germa Total
student n score
Thomas 89 58
Emma 65 66
Sulaiman 78 89
Joseph 55 54
Albert 56 87
Binta 67 67
Henry 78 67
Fanta 88 67
Sallay 45 45
Jelika 54 46
Mary 96 67
Abu 78 98
Solution
Use the correct formula to perform the following calculations
1. Chemistry=54% of maths score =67%* B2
2. Physics=60% of math’s (select the cell for the answer and enter =45+C2)
3. Biology= Chemistry. Score+45 marks (select the cell for the answer and enter=45=C2
4. French=36% of English score (Select the cell for the answer and enter=36%*F2)
5. Arabic score=English score. (Select the values in English, copy and paste to Arabic)
6. German score=average of English, French, & Arabic, scores
7. The total for all subjects
8. Rename the worksheet as STUDENT REPORT
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CALCULATING DISCOUNT
Discount is the amount of money that may be taken off the full price for an item or goods. For
example, Goods bought by a shopkeeper for retail /wholesale
EXERCISE 10(TEN)
CUSTOMER BOX OF HARD UNIT TOTAL DISCOUNT AMOUNT DUE
DRIVES COST COST
Sulaiman 15 300 5%
Abu Bakarr 9 300 5%
Mariama 10 300 5%
Thomas 9 300 5%
Ishmael 8 300 5%
Fudia 10 300 5%
Fatu 15 300 5%
Isatu 12 300 5%
Alusine 9 300 5%
Ibrahim 8 300 5%
In the data shown above, it is observed that a customer bought 12 boxes of HARD DRIVES at
Le300 per box. The total cost will definitely be Le3600.Now calculate the total cost for each
customer and then to compute the discount. The full money pay is 100 %( WHICH IS THE
TOTAL COST).Since discount is 5%, therefore the actual money to be paid is (100%-5%)*Total
Cost.
SOLUTION
To Find the TOTAL COST
a. Click to cell (D2)
b. Enter the equal sign=
c. Select cell B2*C2 and strike the enter key
d. Auto fill the answer down wards
To calculate the full money to be paid (AMOUNT DUE)
For simplicity we shall limit ourselves to the PMT financial function. The financial excel
payment function; PMT can be used to calculate the payment on loans or annuity investments.
The format for the PMT function is (PRINCIPAL, INTEREST, and TERM).
EXERCISE 9(NINE)
For a considerable period of time, the Manager at Sulaiman Clothing Company has been
planning the construction of a new complex for children at 53 Bai Bureh Road Shell. The
architect has asked him to obtained loans from five different lenders on borrowing Le
25,000,000 to begin the construction of the new building. He obtained loan from the Sierra
Leone Commercial Bank, (for 6yrs at 8%), Rokel Commercial Bank (for 5yrs at 10%), National
Development Bank (for 4yrs at 3%).
Now, what will be the yearly payment to be made on these loans?
SOLUTION
With the use of PMT FUNCTION, calculate commercial loan monthly payment in Leones and
hence the total investment.
EXERCISE 11(ELEVEN)
SOLUTION
To calculate the TOTAL
a. Click to cell H2
b. Enter the equal sign =
c. Click to C2+D2+E2+F2+G2
d. Strike the enter key on the keyboard
e. Apply auto fill down wards
To calculate the SUBTOTAL
Click to cell C9
a. Enter the following formula
b. C2+C3+C4+C5+C6+C7+C8
c. Strike the enter key on the keyboard
d. Apply auto fill Horizontally
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Click to Max
WHAT IS THE YIELD FUNCTION?
The YIELD Function is categorized under financial functions. It will calculate the yield on a
security that pays periodic interest. The function is generally used to calculate the bond yield.
As a financial analyst, we often calculate the yield on a bond to determine the income that
would be generated in a year. Yield is different from the rate of return as the latter return is
the gain already earned while former is the prospective return.
HOW TO USE THE YIELD FUNCTION IN EXCEL
As a worksheet function, YIELD can be entered as part of a formula in a cell of a worksheet.
To understand the uses of the function, and let us consider an example:
EXAMPLE
EXERCISE 14(FOURTEEN)
Suppose we are given the following data:
Settlement date: 01/01/2017
Maturity date: 6/30/2019
Rate of interest: 10%
Price per $100 FV: $101
Redemption value: $100
Payment terms: Quarterly
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EXERCISE 15 (FIFTEEN)
DOWNTOWN INTERNET CAFE
JAN FEB MAR TOTAL AVG
Sales
Espresso 13300 13600 14200
Coffee 5800 6000 6200
Food/Beverage 3600 3800 3800
Merchandise 1000 1100 1100
Computer 400 600 600
Total Sales
JAN FEB MAR TOTAL
Expences
Cost of Goods 7225 7480 7690
Cost of Merchandise 700 770 770
Pay 9000 9000 9000
Internet 325 325 2100
Building 2100 2100 600
Advertising 600 600 2100
Total Expenses
Net Income
Solution
To calculate the TOTAL SALES
Click to cell B9
Enter the following formula
B4+B5+B6+B7+B8
Strike the enter key on the keyboard
Apply Auto fill horizontally
To Calculate the TOTAL EXPENSES
Enter the formula
B12+B13+B14+B15+B16+B17
Strike the enter key on the keyboard
Apply Auto fill horizontally
To Calculate the NET INCOME
To find the Net Income
Total Sales – Total Expenses
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EXERCISE 16 (SIXTEEN)
Mr. James invest Le 9,600,000 for 5 years at a rate of 7% per annun
Calculate the simple interest he made.
PRINCIPAL 9,600,000
TIME (YEARS) 5
RATE (%) 7%
SIMPLE INTEREST (Le)
Solution
Click to cell B4
1. Enter the formula Principal * Time* Rate
2. Strike the enter key on the keyboard
Proofing Ribbon, spelling and Grammar: check is use to check the document for spelling and
grammar error. If you click on it and it tell you in a dialog box that “The Spelling and grammar
check is complete”.
Research: Is use to check /search through reference materials, such as dictionaries,
encyclopedias and translation services for words in your document.
Thesaurus: The thesaurus is a reference tool that provides synonyms, antonyms, and related
words for a selected word or phrase. Synonyms are words with a similar meaning, such as
“CHEERFUL” and “HAPPY”. Antonyms are words with opposite meaning, such as “CHEERFUL”
and “SAD”. Related words are words that are variations of the same word, such as
“CHEERFUL” and “CHEER”, the thesaurus can help to liven up your documents by adding
interest and variety to your text.
TIPS Know that the research, thesaurus and translate always give you a dialog box on the right
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Changes Ribbon: It is used to restrict how people can access your document. To apply this
format, normally we have two different methods to protect a workbook, the first option you
click to protect sheet under changes ribbon click to protect sheet a dialog box will appear you
enter your password and click ok another dialog box will appear to confirm your password you
enter the same password and click ok. The other method you click the office button stand on
prepare click to encrypt document a dialog box will appear you enter your password and click
ok another dialog box will appear to confirm your password you enter the same password and
click ok from there you save your workbook.
TO REQUIRE A PASSWORD TO OPEN A WORKBOOK
1. Click the Microsoft Office Button, and then click Save As.
2. Click the Tools button, and then click General Options.
3. Type a password in the Password to open box.
4. Type a different password in the Password to modify box.
5. In the General Options dialog box, click OK.
6. In the Reenter password to proceed box, type the first password, and then
click OK.
7. In the Reenter password to modify box, type the second password, and then
click OK.
TO PASSWORD PROTECT A WORKSHEET
1. On the Review tab, in the Changes group, click Protect Sheet.
2. In the Password to unprotect sheet box, type a password.
3. Clear the Select locked cells and Select unlocked cells check boxes, and then
click OK.
4. In the Reenter password to proceed box, type the password you entered before,
and then click OK.
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Zoom Ribbon: It gives you the facility to specify the zoom level of your document, in most
cases; you can also use the zoom control in the status bar at the bottom of the Excel window to
quickly zoom the document.
Windows Ribbon: It gives you the facility to open a new window or arrange the entire
workbook you have open or split your document into two. And it also Hide spreadsheet.