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Similarly you may easily predict changes in values such as effects of a price change on costs, discounts and profit. A fixed table can be prepared to show these changes but more significantly figures could be changed from time to time to reflect new situations with same formulas in place.
Perhaps most frequent use of spreadsheets is in financial and cost accounting. Many businesses use spreadsheets to calculate balance sheets, profit and loss accounts and cash books.
You can perform bank reconciliation, calculate jobs costs, taxes, schedule payments, forecast profits and control stocks. In all these tasks spreadsheet proves a very important tool in simplifying computation process and production of results.
In data collection and analysis, spreadsheets can be used to record, present and analyses results of polls, surveys and research. With new gadgets such as handheld, laptops and computerized. Mobile phones, you can do all that while on road and getting results instantly.
For teachers and students, in addition to foregoing, spreadsheets can be used in class work and research activities.
In mathematics and sciences, spreadsheets could be used to convert temperature figures whether in Celsius or far hermetic, metric to imperial measurements, pounds to kilos, exchange rates among a host of other measurements.
You can also calculate trigonometric and logarithmic functions, standard deviations and critical path analysis.
In addition, computations may be presented in table on graphic form. There are buttons you can click to make your data appear in table format or in form of graphs and charts. These enhance presentability and understanding of data.
I could give you a hundred or so uses of spreadsheets. However, few I have mentioned are more important. Suffice it to say that spreadsheets software is some of most important application software used at office and home.
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