My boss has made a very anal request that spreadsheet that currently calculate markups from cost prices be formatted differently.
Currently I have added the formula as follows;
Cost = X
Markup = 110%
Sale = Cost * Markup
However, they don't like the fact that the Markup cell is displaying as 110% as it is implying that there is a 110% markup.
Is there a way of formatting this cell so that it just shows 10% as a display value?
The simple answer is just put in the correct 10%
the correct formula is:
Sale=Cost + Cost*Markup
where the markup is 10% or better 0,1
If you simplify it you get
Sale=Cost*(1+Markup)
This makes it much clearer and easier to enter the number
Hope it helps!
Now is the chance for your personal effectiveness skills to flourish.
Formats that display different numbers to the real numbers are really pernicious (they completely obfuscate formulas in any cells dependent on such cells), and Excel makes such things intentionally very difficult to accomplish. At the time of writing I believe, thankfully, that your request is impossible.
What you should do is to use a simple formula boss_value = real_value - 1, and format that new column as a normal percentage. Hide the intermediate data if you must.
Related
I would like to achieve following as my spreadsheet is rather large and I always spend a lot of time figuring out some of my calculations that I made few weeks ago.
Just by looking at the formula, I cannot really say, which equation / correlation was used. Notes such as "this guys" (1967) for "some" ratio < "something" and ___ < "something" are also not as clear as putting equation next to it. If I cannot put it in a cell, it usually gets disarranged. Is there any trick.
Example of what I want to achieve (This was made in Numbers, which are otherwise inferior to MS Excel):
There are various 3rd party 'add-in' providers that you can utilise to assist with this (I used MathType for my MSc dissertation which included over 100 equations in tables etc.).
You can also use this to easily prepare a neatly aligned set of equations in MS Word (where I imagine your table is ultimately going, if not in Latex - although I could be wrong!).
To snap any object to a cell boundary, hold alt whist dragging it with your mouse in MS Excel.
To resize the object ensure you select "lock aspect ratio" to avoid undue distortion (equation objects need extra TLC as an incorrect aspect ratio for your equation can detract from credibility of your overall work!
jOptoins**
Sample
You of course can add a comment or note to the cell by Right-Clicking the cell.
If you want to include a comment in the formula itself...
HTH
I'm tying to visualize the results of a network transport model. Specifically, I would like to show the cost to deliver to a location from a given plant. Next, for that location, I would like to split the cell into two colors, based on the variable and fixed components of the total shipping cost. I don't think this is possible....but wanted to check if anyone might have done this. Screenshot shown:
I'm hoping to change the size of green cell "Demand" by the amount of the total cost (in this case it would 25), and then split the cell itself into two colors, based on the ratios of the components (so 40% of the area would be variable cost in this case). Has anyone tried this?
I have a pretty dirty workaround for you, but it is doing the trick:
You use conditional formatting and custom number for making it work.
First, in cell D4, type =D5 to get the fixed value. Then, you change the custom number format to “Demand”.
Now, you just need to add conditional formatting with a gradient fill, where the minimum value is 0 and the maximum value is the =D5+D6.
That works, but you must decide if it is practical for you.
I'm trying to highlight the time based on the folowing rules
If the time is lower than 7:30 be closer to red
Otherwise if the time is closer to 8:05 get close to green
In this sheet:
I guess it's easier to explain with the following illustration:
You should get the basic idea of what I'm trying to accomplish with the formulars in the formatting rule picture. That one however doesn't work.
Any ideas what would be the proper way to format this rule?
On the left side for value write 0,31 and on the right side write 0,34.
To get the correct value, that is corresponding to the correct time, simply select the time in Excel, using the Time() formula, press Ctrl+1 and select Number. You will see the correct number for the time.
Also found a way, albeit this is more of a workaround:
You can enter the values as a raw number in format of AB:CD:EF (or depending on the time format you are using) and excel will automatically format the rule somehow with decimal signs, although this really is more of a workaround rather than answer to the actual question
You can use "industrial minutes", minutes to a base of 100 industrialseconds. Then you can use standard decimal values.
In excel you simple multiply time values by 24 to get to that. Then 30 minutes are 0.5 of an hour.
For the conditional formating use a 3-Color scale and set the middlepoint to number 7.5 and a lighter green.
I am creating a Risk Catalog for a project. I have one sheet in Excel titled "Risk Log". In that sheet one column is labeled "Impact" (with the options to select Negligible, Marginal, Severe, Critical, or Catastrophic) and another one is labeled "Probability" (with the options to select Very Unlikely, Unlikely, Possible, Likely, or Very Likely). I also have another sheet labeled "Risk Metrics" shown here:
The table to the left indicates the Priority order for all risks based on their Impact & Probability, and the table to the right is what I am trying to work with. As you can see, the tiny table on the bottom calculates how many risks are "Green, Yellow, and Red" based on the table. That code has already been set. However, I am having trouble populating the table to the right. What I would like to do, is for the table on the right to indicate how many risks fall into each category (AKA how many risk are "Severe & Likely" or any combination: For example if only 1 risk was both Severe AND Likely, that cell would say 1, and 2 if two risks were that combination) I would like to use an IF AND statement that would cover all the risks that are in my Risk Log (could be up to 100)
Thank you very much!!
Here in an example of what the Risk Log might look like when completed.
If I understand your quesiton correctly, you are trying to count how many Impact x Probability combination in the table 5x5 Risk Count but let me know if this is what you intended to do.
The formula you can use from cell N5 is:
=COUNTIFS('Risk Log'!$E$2:$E$12,N$10,'Risk Log'!$F$2:$F$12,$M5)
You can drag it over to the right and down to cover all the fields. Try and let me know.
I have a spread sheet in which I want to display some data
Budget 9792.88 --this is b16
Actual cost 10075.75 --this is b17
I want to create a formula in which if our actual cost is 15% over the budget or larger is displays over budgeted. If it is 15% under budget or larger it displays under budget. And if it is in between those two it displays you stayed within your budget.
I have a working formula but I am getting a value error.
=IF(B17<=(B16*1.15),"Met our 15% goal",IF(B17>=(B16/1.15),"Over the budget")),IF(AND(B17<=(B16*1.15),B17>=(B16/1.15)),"Met your goal")
Excel actually reads the if function from the left like we read a book from left, so there is no need to give in between explanation to if function. Once you assign a value to a position, it will not change by its consecutive value.
=IF(A2<A1*0.85,"Under Budget",IF(A2<A1*1.15,"between budget","above budget"))
How about this?
=IF(B17/B16 >= 1.15, "Over budget",IF(B17/B16<=0.85, "Under budget","Met your goal"))
Would you like it to be a little fancy, perhaps?
=INDEX({"under","within","over"},MATCH(B17/B16,{0,0.85,1.15001},1)) & " budget"
NB. The 1.150001 in the array ensures that exactly 15% overrun is still considered "within budget", as is exactly 0.85.
This worked:
=IF(B17>=B16*1.15,"Over the budget",IF(B17<=B16*0.85,"Under the budget","Met your goal"))