Excel is a spreadsheet with a lot of power. The software can be used to track inventory, track and calculate payroll and a myriad of other calculations. An Excel formula is generally composed of ...

GPA doesn’t have a fixed scale and usually varies across universities. So, we will create a scale table in Excel to decide the parameters and then use it in an example. We will need three parameters ...

To avoid problems with your employees or the government, your company payroll spreadsheet should not only be accurate, but it should also comply with all federal and state laws. For example, your ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Creating a running total (or a cumulative sum, as it ...

Too many financial decisions are made without factoring in the time value of money. Whether providing financial planning advice related to a client’s retirement, advising a client about a business ...

What Is a Payback Period? The payback period is the amount of time (usually measured in years) it takes to recover an initial investment outlay—as measured in after-tax cash flows. For example, if a ...

The debt service coverage ratio (DSCR) is used in corporate finance to measure the amount of a company’s cash flow available to pay its current debt payments or obligations. The DSCR compares a ...

Please note: This item is from our archives and was published in 2021. It is provided for historical reference. The content may be out of date and links may no longer function. Q. Can you show me how ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...

Gain a comprehensive understanding of the marginal cost formula. Learn how to calculate it and explore its role in business decisions. The world of microeconomics and business decision-making hinges ...