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Hands-On Financial Modeling with Excel for Microsoft 365

You're reading from   Hands-On Financial Modeling with Excel for Microsoft 365 Build your own practical financial models for effective forecasting, valuation, trading, and growth analysis

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Product type Paperback
Published in Jun 2022
Publisher Packt
ISBN-13 9781803231143
Length 346 pages
Edition 2nd Edition
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Author (1):
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Shmuel Oluwa Shmuel Oluwa
Author Profile Icon Shmuel Oluwa
Shmuel Oluwa
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Table of Contents (19) Chapters Close

Preface 1. Part 1 – Financial Modeling Overview
2. Chapter 1: An Introduction to Financial Modeling and Excel FREE CHAPTER 3. Chapter 2: Steps for Building a Financial Model 4. Part 2 – The Use of Excel Features and Functions for Financial Modeling
5. Chapter 3: Formulas and Functions – Completing Modeling Tasks with a Single Formula 6. Chapter 4: Referencing Framework in Excel 7. Chapter 5: An Introduction to Power Query 8. Part 3 – Building an Integrated 3-Statement Financial Model with Valuation by DCF
9. Chapter 6: Understanding Project and Building Assumptions 10. Chapter 7: Asset and Debt Schedules 11. Chapter 8: Preparing a Cash Flow Statement 12. Chapter 9: Ratio Analysis 13. Chapter 10: Valuation 14. Chapter 11: Model Testing for Reasonableness and Accuracy 15. Part 4 – Case Study
16. Chapter 12: Case Study 1 – Building a Model to Extract a Balance Sheet and Profit and Loss from a Trial Balance 17. Chapter 13: Case Study 2 – Creating a Model for Capital Budgeting 18. Other Books You May Enjoy

Different ways to use Power Query

Power Query is extremely versatile and user-friendly. The following are just a few of the many different ways to use Power Query:

  • Create a connection/Merge queries:

The simplest way to use Power Query is to get a table into the Power Query window, then immediately create a connection from the Import data dialog box, as seen in Figure 5.4. Repeat this for one or more other tables.

You can then merge two or more queries with the same headers using the Data ribbon to go to Get Data | Combine Queries | Merge (see Figure 5.5):

Figure 5.5 – Merge queries from the Data ribbon, Combine Queries, and Merge

  • Append queries: This option allows you to append a table to the bottom of another.

For example, if you have monthly sales reports, you can upload January and February sales separately into Power Query, and then create a connection for each.

You can then append February sales to January sales...

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