1.1 Workbooks and spreadsheets
An Excel file is called a workbook and consists of one or several spreadsheets. A spreadsheet is built up by many cells that may contain text, numbers or formulas that refer to other cells. Each cell has an address defined by a column number (from 1 to 1 048 561) and a row number (from A to XFD).
The nice thing about Excel is that you can perform operations on the numbers or the text written in the cells. You can do calculations in a budget, complex mathematical calculations, operations on a text, etc.
In figure 1.1 the numbers 2 and 3 are written in the cells A1 and A2 respectively. A formula in Excel always starts with a “=”. In cell A3 we have written the formula “=A1+A2” so that the content ...
Get Financial Modelling and Asset Valuation with Excel now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
