Excel is often used in business. It is a Microsoft spreadsheet application usually installed as part of the Microsoft Office suite on business computers. The tool has found many uses in the business world, especially financial reports.
First, Excel is successfully used for scheduling. The tool enables to update the schedule automatically in accordance with suggested changes. Some businesses use Excel as a basic accounting program. The greatest benefit of the tool is the ability to create graphs and charts, as well as compare business expenditures and income. Also, Excel is widely used to monitor financial reports of a business and prepare tax forms (Mercer, n.d.).
Pivot tables provided by Excel attract businesses as they give an opportunity to take raw data in any form and then organize and sort it into tables. In addition, it can be used to analyze the revenue data. The feature of data parsing into columns is also helpful. It enables to cut and paste tables from other Excel spreadsheets or the Internet and split them into columns. In addition, Excel has the function of conditional formatting that allows to automatically change the cell appearance to meet any criteria specifically defined by the business.
A spreadsheet is a program used on an interactive computer application. Its main aim is to organize and analyze data. The spreadsheet enables to change any stored value. It represents data in a form of a text, graphics, or numerals. In addition, it provides data relationships in graphically. I think that Excel is the clearest and the cleanest way to display data gathered, but it is not the best option to present these data. https://elitewritings.com/write-my-essay.html is a better option for this purpose.
Excel is a valuable tool used by most businesses as it allows to enter numerical values or data into columns and rows. It provides a number of functions that make the process of data analysis easy and clear.
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