CFI-Excel-eBook

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The Corporate Finance Institute ExcelExample 1Suppose we are given the following dates:We can calculate the fiscal quarter from the dates given above. The fiscalquarters start in a month other than January.The formula to use is:The formula returns a number from the array 1-4, which corresponds to aquarter system that begins in April and ends in March.We get the results below:corporatefinanceinstitute.com126
The Corporate Finance Institute ExcelFew things about the CHOOSE Function1. VALUE! error – Occurs when:• The given index_num is less than 1 or is greater than the givennumber of values.• The given index_num argument is non-numeric.2. #NAME? error – Occurs when the value arguments are text values that arenot enclosed in quotes and are not valid cell references.Click here to download the sample Excel file.corporatefinanceinstitute.com127
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