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In conclusion, mastering the use of Excel’s TREND and FORECAST functions can significantly enhance your data analysis capabilities.
Learn how to calculate simple, weighted and exponential moving averages in Microsoft Excel using Data Analysis Tool Pack or Formula.
Excel's Goal Seek feature helps with reverse calculations in financial planning, like CVP analysis. Goal Seek can assist in NPV analysis by determining selling prices to reach certain targets.
Every base-year trend percentage equals 100 percent. Calculate each year's trend percentage separately for each account and for each section total on the balance sheet.