Microsoft® Excel Data Analysis and Business Modeling

Chapter 14. The Auditing Tool

• I’ve just been handed a 5000-row spreadsheet that computes the net present value (NPV) for a new car. In the spreadsheet, my financial analyst made an assumption about the annual percentage of the growth in the product’s price. What cells in the spreadsheet are affected by this assumption?

• I think my financial analyst made an error in computing year 1 before-tax profit. What cells in the spreadsheet model were used for this calculation?

• How does the auditing tool work when I’m working with data in more than one worksheet or workbook?

When we hear the word structure, we often think about how a building is built. The structure of a spreadsheet model refers to the way our input assumptions (data such as unit sales, price, ...