Practical work №5 MS Excel.

Spreadsheets&modelling
Questions:
1. What is a spreadsheet?
2. What is an active cell?
3. What is a Worksheet?
4. What is a Formula?
5. What is a Charts?
6. What is a Row?
7. What is a Value?
8. What is a Column?

1.A spreadsheet is a piece of software which is used to work out

calculations.
But if you learn a little bit about spreadsheets and have a play with them,
you will soon find out that they can do a whole lot more than simply add up a
column of numbers. Spreadsheets can handle all of the financial calculations for a
large business, they can be used to work with statistics and to calculate probability
or other statistical information, they can do complex trigonometry. Not only that,
they can also make pretty snazzy graphs and charts that you can use to impress
people.
Spreadsheets can also be used as a simple flat-file database.

2.The active cell is the selected cell in which data is entered when you begin
typing. Only one cell is active at a time. The active cell is the cell surrounded by a
black border. Data can only be entered into the active cell. Even if more than one
cell is selected, there is still only one active cell at a time.
A cell is the intersection of a row and a column. A row and a column adjoined
make up a cell.
You can define a cell by the combination of a row number and a column
header.For example, below the selected cell is C3. It has a column header C and a
row number 3.

3.WORKBOOK & WORKSHEET

A workbook is a spreadsheet program file that you create in Excel.
A workbook contains one or more worksheets. A worksheet (also known as a
spreadsheet) consists of cells in which you can enter and calculate data. The cells
are organized into columns and rows.
A worksheet is always stored in a workbook. A workbook can contain many
worksheeks. Think of it as a book. The book (workbook) usually has a single topic,
such as your budget. Each page (worksheet) within the book contains part of that
topic, such as the budget broken down into months.

4.FORMULA
A spreadsheet formula is a mathematical equation that will calculate a result.
Formulas are typed into the formula bar.
A formula always begins with an equal sign (=). For example the formula =1+1 will
result in 2 being displayed.
In spreadsheet formulas, normally we use the cell reference of the data rather
than the data itself.
For example: =A1*B1
=(A1+A2)/B1

5.Charts are visual representations of data used to make it more understandable.

Commonly used charts are:

 Pie chart
 Column chart
 Line chart

6.Rows are labeled with numbers, in the gray area to the left of each row. Click
the row heading to select an entire row. To increase or decrease the height of a
row, drag the line below the row heading.

7.The VALUE Function[1] is categorized under Excel Text functions. It will convert
a text string that represents a number into a number. Thus, the function will
convert text that appears in a recognized format (a number, date, or time format)
into a numeric value.

In financial analysis, the VALUE function is not used much, as Excel automatically
converts text to numeric values. However, it is important for anyone who wants
to master the full extent of Excel functions.

Formula
=VALUE(Text)
Text (required argument) – This is the text enclosed in quotation marks or a
reference to a cell containing the text you want to convert.

8.Columns are labeled with letters. The column headings are lettered in the gray
area at the top of each column. Click the column heading to select an entire
column. To increase or decrease the width of a column, drag the line to the right
of the column heading.