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Excel has over 50 special financial functions. However, the most important 7 financial functions in Excel are: FV, PV, PMT, RATE, NPER, NPV and IRR. These functions are required skills for financial...
Liquidity ratios show the ability of a company to pay its short-term debts. The liquidity ratios include the current ratio, quick ratio, and cash ratio. Liquidity ratios compare current assets...
The current ratio estimates an entity's ability to pay its short-term debts. The current ratio formula is Current assets / Current liabilities. A current ratios of 1.5 to 2.0 is good and a current...
When performing financial calculations, a spreadsheet program like Excel is usually the best tool. A spreadsheet is a powerful tool. But sometimes you do need a calculator instead of a...