Forecasting using linear regression takes driver-based forecasting a step forward using statistical analysis. Let’s walk through this powerful tool to take historical data points and turn them into a forecast.
Variance analysis using rate and volume is a method of breaking down business results into component parts. Let’s walk through the rate formula, the volume formula, and an example to put it into practice.
A Profit and Loss statement (or P&L) is one of the three major financial statements and an important part of reporting and forecasting. Let’s walk through how to create a profit and loss statement in Excel.
Always hearing about discount rates but not quite sure what that means? Let’s walk through the two different contexts of discount rates and their impact on Finance.
Forecasting using rate and volume is a simple but reliable method to develop projections. You can take inputs that your business already has on hand, run them through a spreadsheet with basic formulas, and deliver insights.
Internal Rate of Return (or IRR) is a tool to compare multiple projects against each other. Usually, calculating IRR requires a series of trial and error to back into the answer. Fortunately, Excel will do the heavy lift for us.
Net Present Value is the basis of Finance, but the formula can be hard to work with. Excel to the rescue! Let’s walk through how to calculate Net Present Value (NPV) in Excel.