Excel & Business Math 42: Simple Interest Calculations & Short Term Loans

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In this video learn how to
Excel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College / Mike Girvin at excelisfun Channel at YouTube Channel.
Topics in Video:
1. (00:01) Introduction
2. (00:50) What is Debt?
3. (01:25) What is Interest?
4. (02:27) Simple Interest Terms & Example #1 of Simple Interest
5. (06:35) Simple Interest Formulas
6. (11:07) Video Examples 02-04, Calculate Simple Interest when Time is Given as a Fraction of Year
7. (13:20) Video Examples 05-08, Calculate Simple Interest when Time is Given in Days or Months
8. (22:32) Video Examples 09-10, Solve for Principal
9. (25:54) Video Examples 11-12, Solve for Annual Simple Interest Rate
10. (28:47) Video Examples 13-14, Solve for Time
11. (32:50) Summary

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Excel Magic Trick 1481: Multiple Table Lookup: SWITCH or INDIRECT Function? VLOOKUP too

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In this video learn how to how to perform lookup from multiple tables. Learn two methods: 1) VLOOKUP and SWITCH Function or 2) VLOOKUP and INDIRECT Function with Defined Names.
1) (00:01) Introduction
2) (01:30) VLOOKUP and SWITCH Function (New Excel 2016 Office 365 Function)
3) (07:20) VLOOKUP and INDIRECT Function with Defined Names.
4) (11:06) Summary

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Excel Magic Trick 1480: VLOOKUP & MATCH Two-Way Lookup Quantity & Product to Get Price

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In this video learn how to do a two-way lookup to get the correct Price based on Quantity Discount & Product Name. Learn how to use the VLOOKUP and MATCH Functions.

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Excel Magic Trick 1479: Lookup Bulk Quantity Discount Prices Using VLOOKUP Function

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In this video learn the Basics of VLOOKUP to looks up a price based on a Bulk Quantity Discount. Also learn about the MATCH Function to automatically pick out the correct Column Number for the VLOOKUP Function.
1. (00:01) Introduction
2. (00:14) Use VLOOKUP and Column Index Number to lookup a price based on a Quantity Discount
3. (05:14) Use VLOOKUP and MATCH to lookup a price based on a Quantity Discount
4. (09:44) Summary

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Excel & Business Math 41: Markup On Cost or Markup On Sell Price? Calculate & How They Are Different

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In this video learn the difference between Markup on Cost and Markup on Sell Price.
Excel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College / Mike Girvin at excelisfun Channel at YouTube Channel.
Topics in Video:
1. (00:01) Introduction
2. (00:52) When Thinking About Markup, There Are Two Sides: Cost Side & Sell Price Side
3. (03:01) Both the Cost Side (Manufacturers & Distributors) & Sell Price Side (Retail Stores) Calculate the $ Markup the Same
4. (05:33) Learn Formulas For “% Markup”. Cost Side (Manufacturers & Distributors) uses Cost As Denominator and Sell Price Side (Retail Stores) uses Sell Price As Denominator
5. (12:27) Meaning of “% Markup On Cost” and “% Markup On Sell Price”
6. (13:25) Solve Markup on Cost Problem
7. (16:45) Solve Markup on Sell Price Problem
8. (19:25) Solve Both Markup on Cost & Markup on Sell Price Problems
9. (23:15) Summary

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Excel & Business Math 40: Partial Payment on Invoice with Cash Discount, Credit to Account Balance?

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In this video learn how to calculate the credit that should be applied a the balance of an account when a partial payment in made with a cash discount applied.
Excel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College / Mike Girvin at excelisfun Channel at YouTube Channel.
Topics in Video:
1. (00:01) Introduction
2. (01:06) Partial Payment on Invoice with Cash Discount Applied Video Example #1, Common Sense Method
3. (05:23) Partial Payment on Invoice with Cash Discount Applied Video Example #1, Increase Decrease Method
4. (08:53) Partial Payment on Invoice with Cash Discount Applied Video Example #2, Increase Decrease Method
5. (10:42) Summary

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Calculate Partial Payment with Cash Discount

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Excel & Business Math 39: Create Excel Invoices, Data Validation Drop-down, VLOOKUP & IF Functions

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In this video learn how to create an Invoice that you can use over and over using Data Validation Drop-down, VLOOKUP, ISTEXT, ISNUMBER & IF Functions. Also see how to create a formula to extract Invoice Number from Sheet name using the CELL, REPLACE, SEARCH and LEFT Functions.
Excel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College / Mike Girvin at excelisfun Channel at YouTube Channel.
Topics in Video:
1. (00:01) Introduction to creating an invoice in Excel
2. (01:30) Format Invoice
3. (02:32) Insert Company Logo and Boomerang Picture
4. (06:01) Calculate Wholesale Cost using a Single Trade Discount
5. (08:30) Data Validation – List to insert Drop-down list of Products
6. (11:29) Exact Match VLOOKUP to get price
7. (13:06) IF and ISTEXT to turn formula off when no product entered
8. (17:01) IF & ISNUMBER for Line Item Total
9. (18:41) SUM Function and other formulas for totals
10. (20:18) Page Setup
11. (21:44) Copy a Sheet using Mouse & Ctrl Key
12. (24:57) CELL, SEARCH, REPLACE and LEFT Functions to get Invoice Number
13. (29:25) Summary

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Excel & Business Math 38: Date Math, Invoices, Cash Discounts on Invoices, Nested IF Functions

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In this video learn how to
Excel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College / Mike Girvin at excelisfun Channel at YouTube Channel.
Topics in Video:
1. (00:01) Introduction
2. (00:48) Enter Dates in Excel
3. (03:19) Date Number Formatting
4. (05:44) Date Math, Date Formulas and Date Functions like EDATE and EOMONTH
5. (15:18) Invoices, Different Elements
6. (17:11) Shipping Terms, including FOB Shipping and FOB Destination
7. (19:40) When Tax is Paid, including selling final item at a whole sale cost
8. (20:58) Cash Discounts: Incentive to Pay Invoice Early
9. (22:44) Ordinary, Cash Discounts Example 1. First Example and Close look at what Terms Mean.
10. (33:04) Ordinary, Cash Discounts Example 2
11. (38:53) Ordinary, Cash Discounts Example 3. This example shows what to do if you have two discount opportunities, including how to use Two IF Functions in a single formula, known as Nesting If Functions.
12. (48:50) AS OF, Cash Discounts
13. (49:40) ROG, Cash Discounts
14. (51:10) EOM, Cash Discounts. Including the EOMONTH Function and how to use a Logical Value (TRUE / FALSE) value in a formula as a 0 or 1.
15. (01:02:42) Summary

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Excel & Business Math 37: Trade Discounts, Series Discounts, Net Cost Equivalents & Wholesale Cost

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In this video learn how to calculate Trade Discounts (Single and Series) in order to calculate a Wholesale Cost. Learn about Business Terms. Learn about using VLOOKUP and IF Functions to automat calculations.
Excel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College / Mike Girvin at excelisfun Channel at YouTube Channel.
Topics in Video:
1. (00:01) Introduction
2. (01:27) Business Terms: Retail & Wholesale Businesses. List Price and Wholesale Cost. Trade Discount $ Amount.
3. (05:42) Examples of Wholesale Cost Catalogs and the four different formulas needed to calculate Whole Sale Costs under four different assumptions.
4. (11:28) Single Trade Discount % Video Example. See three different Methods to calculate Wholesale Cost.
5. (15:02) Calculate Series Discounts. See three different Methods to calculate Wholesale Cost.
6. (20:28) Series Trade Discount % with Two Successive Discounts
7. (21:42) Series Trade Discount % where 2nd Discount Depends on Quantity Purchased. Learn how to use VLOOKUP Function.
8. (26:23) Series Trade Discount % where 2nd & 3rd Discount Depends on Quantity Purchased.
9. (30:43) Learn how to use IF & VLOOKUP Functions to make calculations automatic for a Series Discount.
10. (34:57) Summary

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