Try modeling your taxes. You should have the taxes computed correctly in the yellow cells each time a new random number is generated. The next Microsoft Excel Intermediate challenge is to compute the net proceeds from sale of an asset by a company. The computation of the net proceeds from sale of an asset by a company is something you will usually learn in your first accounting class.
We have tried to explain it simply here. For this challenge, only the inputs in yellow can be changed. You could also consider having an error message if the useful life is anything other than 3, 5, 7, 10, 15, 20 years. The key Microsoft Excel challenge here will be to automatically pick the MACRS depreciation schedule based on the useful life of the asset.
This Microsoft Excel Intermediate challenge is about modeling a mortgage cash flow. This is an exercise you will typically encounter in your first finance class. You are provided the price of the home, the down payment, the duration of the loan in years and the interest rate for the loan. Please model the mortgage payments over the life of the loan, specifically showing the interest and principal amount of each payment over the life of the loan. Please round up the monthly interest payment to the nearest dollar.
The inputs to the model are only in the yellow cells. Everything else should automatically get filled in based on the formula you place in the cells. Pivot tables and Pivot charts are definitely one of the most handy tools you will encounter in the Microsoft Excel world for data analysis. Mastering Pivot tables and Pivot charts will save you hours over your 2 year MBA program and probably hundreds of hours over the rest of your career.
The data below is of tourist traffic to a holiday town in Napa Valley. Use the data below to tease out patterns with pivot tables. Patterns may include factors such as nationality, gender or age groups. Can your pivot tables and charts at least answer the following questions:. Scenario analysis and what-if analysis are helpful in understanding various possible outcomes in a given situation. The chart below has sales data on 10 employees of a small firm.
The primary base products are almonds, peanuts and grapes. Each energy product must contain the minimum required calorie count. The maximum available quantities of almonds, peanuts and grapes are listed below and the minimum commitments for each product made to wholesalers are also provided.
The calorie count for each pound of ingredient and its cost per lb is also provided. Please count how many of this set of 10 Excel challenge exercises you have been able to do successfully. Be generous to yourself. If you can tackle 8 of these Excel exercises completely, then you are firmly in the Microsoft Excel intermediate skills camp.
Different jobs or roles within each company may require different levels of Microsoft Excel skills. Job requirements list either intermediate Microsoft Excel skills or beginner Microsoft Excel skills as a requirement for the job. Candidates often do not know what constitutes intermediate level Microsoft Excel skills and what constitutes beginner level Microsoft Excel skills. Sometimes recruiters themselves do not know what constitutes intermediate level Excel skills and what constitutes beginner level Excel skills!
We hope that this set of Microsoft Excel exercises will clarify what intermediate Microsoft Excel skills are and beginner Microsoft Excel skills are.
So if you are gunning for any of these high profile jobs, get cracking on building your Microsoft Excel skills. Browse through this list of Microsoft Excel resources to kick-start your Excel skills training. Of course, we will be happy to provide you private tutoring in Microsoft Excel.
We believe this is the fastest way to learn Excel. What about advanced Microsoft Excel skills? What constitutes advanced Microsoft Excel skills? We believe that you will be in the camp of those with advanced Excel skills if you are comfortable working with Excel Macros and VBA, combining Excel with other tools, understanding how to speed up Microsoft Excel models, protecting Excel worksheets, etc.
In addition to learning Microsoft Excel, also consider learning some programming languages. A large part of the use of Microsoft Excel was data analysis of different types and levels.
A the volume of data increases, more of the data analysis is being done on programming languages such as R and Python. So do consider adding some programming skills if you believe your career could involve data analysis in the future. Microsoft Excel Intermediate vs. Microsoft Excel Beginner Skills. Import the list of Governors from Wikipedia and answer the following questions: List the governors alphabetically according to their first names.
List the governors alphabetically according to their last names. List all names with the first alphabets of each word in upper case letters. How many days, months, years have the governors been in office? What is the average tenure of Republican governors? Democratic governors? My lower rate minutes can be rolled over for 3 months. My bill cannot be negative.
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