Excel Gives You the Ability to Chart or Graph Data

question 24

Essay

Excel gives you the ability to chart or graph data in your worksheet. Describe the main chart types (line, pie, and bar) and their purpose. Also describe how to insert a chart in your worksheet.

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Definitions:

Income Statement

A financial statement that shows a company's revenues, expenses, and net income over a specific period, highlighting operational performance.

Total Asset Turnover

A financial ratio that measures a company's efficiency in using its assets to generate sales, calculated as net sales divided by average total assets.

Decrease Ratio

A financial metric that quantifies the reduction in a particular variable or metric relative to another, often used to assess performance or efficiency decline.

Transactions

A series of financial activities or exchanges between parties that can affect the accounting records of a business.