Spreadsheet Operations and Functions Computer Applications Understand spreadsheets used in business

Linking and Embedding Review Used to integrate spreadsheet data with other applications Linked Spreadsheet Linked Spreadsheet Word Processing document, target, may contain a link to a spreadsheet, source Word Processing document, target, may contain a link to a spreadsheet, source Allows the word processing document to update anytime the spreadsheet data is edited Allows the word processing document to update anytime the spreadsheet data is edited Embedded Spreadsheet Embedded Spreadsheet Converted into a graphic image when placed in a target document, word processing document Converted into a graphic image when placed in a target document, word processing document Does not change to reflect edits made at the source, spreadsheet Does not change to reflect edits made at the source, spreadsheet

Spreadsheet Functions Predefined formulas that perform calculations by using specific values called arguments, in specific order. Predefined formulas that perform calculations by using specific values called arguments, in specific order. Can perform simple or complex calculations Can perform simple or complex calculations

Components of a Function Cell Reference Cell Reference Parentheses Parentheses Conditions or crieria Conditions or crieria

Cell Reference Indicates a cells location and provides instructions for how cell data is copied or used in calculations Relative: cell value changes as the formula is copied Relative: cell value changes as the formula is copied Example: =A1/A10 Example: =A1/A10 Absolute: cell value remains static when copied to other locations Absolute: cell value remains static when copied to other locations Example: =A1/$A$10 Example: =A1/$A$10 Mixed reference: indicates the combination of an absolute cell and a relative cell Mixed reference: indicates the combination of an absolute cell and a relative cell Example: $A4 Example: $A4

Basic Functions =Sum(C4:C18) =Sum(C4:C18) Adds the range of cells from C4 to C18 Adds the range of cells from C4 to C18 =Average(C4:C18) =Average(C4:C18) Averages the range of cells from C4 to C18 Averages the range of cells from C4 to C18 Max(C4:C18) Max(C4:C18) Finds the highest number in the range of cells from C4 to C18 Finds the highest number in the range of cells from C4 to C18 Min(C4:C18) Min(C4:C18) Finds the lowest number in the range of cells from C4 to C18 Finds the lowest number in the range of cells from C4 to C18

Advanced Functions Used in higher-level operations, such as conditional and comparison equations to compute interest rates, interest rates, due dates and payment terms, and due dates and payment terms, and financial projections financial projections

Advanced Functions If Statements- conditional operators used in spreadsheet formulas If Statements- conditional operators used in spreadsheet formulas Results are returned IF the data specified in an equation meets conditions set by the formula Results are returned IF the data specified in an equation meets conditions set by the formula If statements can be written to carry out an action If statements can be written to carry out an action Example: If a value in a cell is greater than or equal to another value, insert the word “Pass” in a cell Example: If a value in a cell is greater than or equal to another value, insert the word “Pass” in a cell Date Functions – used to calculate a period of time such as the number of days that have elapsed since a value was entered into a specific cell or to calculate a 30 day due date for a record of spreadsheet of invoices Date Functions – used to calculate a period of time such as the number of days that have elapsed since a value was entered into a specific cell or to calculate a 30 day due date for a record of spreadsheet of invoices Now date function – returns current date Now date function – returns current date Days360 – calculates the difference in days between two dates Days360 – calculates the difference in days between two dates