INTRODUCTION TO MICROSOFT EXCEL

INTRODUCTION TO MICROSOFT EXCEL
      Microsoft Excel
      Microsoft Excel is a spreadsheet application in the Microsoft Office Suite. A spreadsheet is an accounting program for the computer. Spreadsheets are primarily used to work with numbers and text. Spreadsheets can help organize information, like alphabetizing a list of names or ordering records, or calculate and analyze information using mathematical formulas.
      Spreadsheet
A spreadsheet
       is the computer equivalent of a paper ledger sheet.
       It consists of a grid made from columns and rows.
      It is an environment that can make number manipulation easy and somewhat painless.
Important Terms
      A workbook is made up of three worksheets.
      The worksheets are labelled Sheet1, Sheet2, and Sheet3.
      Each Excel worksheet is made up of columns and rows.
      In order to access a worksheet, click on the tab that says Sheet#.
Important Terms
      Each cell has a unique cell address composed of a cell's column and row.
      The active cell is the cell that receives the data or command you give it.
      A darkened border, called the cell pointer, identifies it.
      Basics of spread sheets
Basic of spread sheets
       Spreadsheets are made up of
1.     columns
2.     rows
3.     and their intersections are called cells
      In each cell there may be the following types of data
Ø text (labels)
Ø number data (constants)
Ø formulas (mathematical equations that do all the work)
      Column Headings
      Each Excel spreadsheet contains 256 columns. Each column is named by a letter or combination of letters.
      Row Headings
      Each spreadsheet contains 65,536 rows. Each row is named by a number.
      COLUMN
      In a spreadsheet the COLUMN
       is defined as the vertical space that is going up and down the window.
      Letters are used to designate each COLUMN'S location.
      In the above diagram the COLUMN labeled C is highlighted.
      ROW
In a spreadsheet the ROW
      is defined as the horizontal space that is going across the window.
      Numbers are used to designate each ROW'S location.
      In the above diagram the ROW labeled 4 is highlighted.
      CELL
In a spreadsheet the CELL
       is defined as the space where a specified row and column intersect.
       Each CELL is assigned a name according to its COLUMN letter and ROW number.
      In the above diagram the CELL labeled B6 is highlighted. When referencing a cell, you should put the column first and the row second.
      To Select a Range of Cells
     Move to the first cell in the range.
     The mouse pointer becomes a large cross.
     Click-and-hold the left mouse button and drag left or right, up or down to the last cell you   want to select.
     Release the mouse button.
To Select All Cells in a Column or Row
      Click the gray Column heading to select the entire column. (Click and drag the cursor across other column headings to select those columns).
The gray Row heading to select the entire row. (Click and drag the cursor down    through the row headings select those rows).
To Select the Entire Worksheet:
      Click the gray rectangle in the upper left corner to select entire worksheet.
      If the cells and columns you want to select are not directly next to one another, select one of the ranges you want to select, and hold down the Control key while selecting other ranges.
      TYPES OF DATA
In a spreadsheet there are three basic types of data that can be entered.
a.     labels - (text with no numerical value)
b.     constants - (just a number -- constant value)
c.      formulas* - (a mathematical equation used to calculate)
*ALL formulas MUST begin with an equal sign (=).
      LABELS IN THE EXCEL
      Labels are text entries.
      They do not have a value associated with them.
      We typically use labels to identify what we are talking about.
In our example: the labels are:
Ø computer ledger
Ø car loan
Ø interest
Ø # of payments
Ø Monthly Pmt.
      CONSTANTS IN THE EXCEL
Constants
      are entries that have a specific fixed value.
       If someone asks you how old you are, you would answer with a specific answer. Sure, other people will have different answers, but it is a fixed value for each person.
In our  example: the constants are
      $12,000, 9.6% and 60
FORMULAS IN EXCEL
Formulas
are entries that have an equation that calculates the value to display.
We DO NOT type in the numbers we are looking for; we type in the equation. This equation will be updated upon the change or entry of any data that is referenced in the equation.
In our  example, the solution was $252.61
This was NOT typed into the keyboard. The formula that was typed into the spreadsheet
      FORMULAS IN EXCEL cont..
BASIC FORMULAS IN EXCEL
      When we are entering formulas into a spreadsheet we want to make as many references as possible to existing data. If we can reference that information we don't have to type it in again. AND more importantly if that OTHER information changes, we DO-NOT have to change the equations.
      If you work for 23 hours and make $5.36 an hour, how much do you make? We can set up this situation using
      three labels
      two constants
      one equation
Let's look at this equation in B4:
      = B1 * B2
      = 23 * 5.36
      Both of these equations will produce the same answers, but one is much more useful than the other.
DO YOU KNOW which is BEST and WHY?
      It is BEST if we can Reference as much data as possible as opposed to typing data into equations.
      FORMULAS IN EXCEL cont..
MATH BASIC FUNCTIONS
      Spreadsheets have many Math functions built into them. Of the most basic operations are the standard multiply, divide, add and subtract. These operations follow the order of operations (just like algebra). Let's look at some examples.
For these following examples let's consider the following data:
      A1 (column A, row 1) = 5
      A2 (column A, row 2) = 7
      A3 (column A, row 3) = 8
      B1 (column B, row 1) = 3
      B2 (column B, row 2) = 4
      B3 (column B, row 3) = 6
      FORMULAS IN EXCEL cont..
Mathematics basic functions
      SUM  FUCTION
SUM  FUCTION
      Probably the most popular function in any spreadsheet is the SUM function. The Sum function takes all of the values in each of the specified cells and totals their values. The syntax is:
      =SUM (first value, second value, etc)
      In the first and second spots you can enter any of the following (constant, cell, range of cells).
      Blank cells will return a value of zero to be added to the total.
      Text cells can not be added to a number and will produce an error.