EXERCISE TOPIC▼
EXCEL EXERCISES▼
EXCEL EXERCISES▼
- Excel basics (1)
- Creating formulae (5)
- Formatting worksheets (9)
- Basic printing (8)
- Charts (10)
- Absolute references (9)
- Range names (13)
- Conditional formulae (17)
- Conditional formatting (7)
- Basic tables (6)
- Formatting numbers and dates (3)
- Working with dates (1)
- Data validation (6)
- Protection (1)
- Advanced IFs (6)
- Lookup functions (14)
- Advanced lookup functions (9)
- Text functions (1)
- Advanced charts (4)
- Multiple worksheets (1)
- Advanced tables (2)
- Pivot tables (3)
- Advanced pivot tables (3)
- Scenarios (2)
- Data tables (2)
- Array formulae (2)
- Building models (2)
- Masking (2)
- Cashflow calculations (1)
- Investment appraisal (1)
Excel | Range names exercise | Forecast - Using Range Names in Formulae
This exercise is provided to allow potential course delegates to choose the correct Wise Owl Microsoft training course, and may not be reproduced in whole or in part in any format without the prior written consent of Wise Owl.
You can learn how to do this exercise if you attend one of more of the courses listed below!
Software ==> | Excel (151 exercises) |
Version ==> | Excel 2013 and later |
Topic ==> | Range names (13 exercises) |
Level ==> | Average difficulty |
Courses ==> | Excel Business Modelling / Excel Intermediate |
You need a minimum screen resolution of about 700 pixels width to see our exercises. This is because they contain diagrams and tables which would not be viewable easily on a mobile phone or small laptop. Please use a larger tablet, notebook or desktop computer, or change your screen resolution settings.
Open the file in folder shown above.
Create range names for the growth, wages and utilities %figures (Hint: there is a quick menu option that can do all 3 together for you).

Remember you can press F3 to see a list of names for your formulae
Create a formulae in cell C4 that calculates the projected sales and uses the range name for Growth (see next page for help with the formula).
Create a formula in cell C5 that calculates the projected Direct Costs and uses the range name for Wages inc (see below for help with the formula).
Create a formula in cell C6 that calculates the projected Indirect Costs and uses the range name for Utilities inc (see below for help with the formula).
Create a formula in cell C7 that calculates the Basic Profits. Use the following to help you with each formula:
Projected Sales = This Year Sales * Growth%
Projected Direct Costs = This Year Direct Costs * Wages inc%
Projected Indirect Costs = This Year Indirect Costs * Utilities inc%
Projected Basic Profits = Proj Sales - Proj Direct Costs - Proj Indirect Costs
Check that all the answers change when you change the % figures for the Growth, Wages inc and Utilities inc.
Re-save the file with the same name and close it.