DailyExcelTips

To calculate the payback period in Excel, use the formula: `=Year + (Cumulative Cash Flow / Cash Flow of Next Year)`. This method helps determine the time needed to recover an investment. The payback period is a crucial metric in finance and business. It measures the time required for an investment to generate enough cash […]

To calculate the indirect cost rate in Excel, use the formula: Indirect Costs / Direct Costs. Multiply the result by 100 for a percentage. Understanding how to calculate the indirect cost rate is crucial for businesses. This rate helps in determining the proportion of indirect costs relative to direct costs. Indirect costs include expenses like