Financial Analysis with Microsoft Excel

The term "spreadsheet" covers a wide variety of elements useful for quantitative
analysis of all kinds. Essentially, a spreadsheet is a simple tool consisting of a
matrix of cells that can store numbers, text, or formulas. The spreadsheetís power
comes from its ability to recalculate results as you change the contents of other
cells. No longer does the user need to do these calculations by hand or on a
calculator. Instead, with a properly constructed spreadsheet, changing a single
number (say, a sales forecast) can result in literally thousands of automatic changes
in the model. The freedom and productivity enhancement provided by modern
spreadsheets presents an unparalleled opportunity for learning financial analysis.