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:

Depreciation Expense

An accounting method that allocates the cost of a tangible asset over its useful life, representing the wear and tear, deterioration, or obsolescence of the asset.

Interest Expense

The cost incurred by an entity for borrowed funds over a period of time, typically reported on the income statement.

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations based on its current income.

Cash Coverage Ratio

A financial metric that measures a company's ability to cover its debt obligations with its operating cash flow.