MS Excel Tutorial Project 2

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2 Table of Contents Project Two BetNet Stock Club... 3 Entering the Titles and Numbers into the Worksheet... 3 Enter the Worksheet Title... 3 Enter the Column Titles... 4 Enter the Stock Data... 4 Enter the Total Row Titles... 5 Entering Formulas... 5 Enter a Formula Using the Keyboard... 5 Order of Operations... 7 Entering Formulas Using Point Mode... 7 Enter Formulas Using Point Mode... 7 Copy Formulas Using the Fill Handle... 9 Determine Totals Using the AutoSum Button...10 Determine the Total Percentage Gain/Loss...10 Determine the Average of a Range Using Keyboard/Mouse...11 Determine the Highest Number in a Number Range...12 Determine the Lowest Number in a Range Using Min...13 Copy a Range of Cells across Columns to an Adjacent Range...14 Verify a Formula Using Range Finder...15 Verify a Formula Using the Auditing Commands...16 Change the Font and Center the Worksheet Title...17 Change the Title Background, Font Colors and Apply an Outline Border...18 Bold, Center, and Underline the Column Titles...19 Center Data in Cells...20 Apply a Currency Style Format and Comma Style Format...20 Apply a Currency Style Format with a Floating Dollar Sign...22 Apply a Percent Style Format...23 Conditional Formatting...24 Apply Conditional Formatting...24 Change the Widths of Columns...27 Change the Height of a Row by Dragging...29 Check Spelling on the Worksheet...31 Saving the Workbook a Second Time Using the Same File Name...32 Rename the Sheets...32 Page 2 of 32

3 Project Two BetNet Stock Club Needed: An easy to read worksheet that summarizes the club's investments For each stock, the worksheet is to include the name, symbol, date acquired, number of shares, initial price, initial cost, current price, current value, gain/loss, and percent gain/loss. Michael also has requested that the worksheet include totals and the average, highest value, and lowest value for each column of numbers. Source of Data: The data supplied by Michael includes the stock names, symbols, dates acquired, number of shares, initial prices, and current prices. This data is shown in Table 2 1. Calculations: The following calculations must be made for each of the stocks: 1. Initial Cost = Shares x Initial Price 2. Current Value = Shares x Current Price 3. Gain/Loss = Current Value Initial Cost 4. Percentage Gain/Loss = Gain/Loss Initial Cost 5. Compute the totals for initial cost, current value, and gain/loss. 6. Use the AVERAGE function to determine the average for the number of shares, initial price per share, initial stock cost, current stock price, current stock value, and gain/loss for each stock. 7. Use the MAX and MIN functions to determine the highest and lowest values for the number of shares, initial price per share, initial stock cost, current stock price, current stock value, gain/loss for each stock, and percent gain/loss. Entering the Titles and Numbers into the Worksheet Because the centered text first must be entered into the leftmost column of the area across which it is centered, it will be entered into cell A1. Enter the Worksheet Title 1. Select cell A1. Type BetNet Stock Club in the cell. 2. Press the DOWN ARROW key. The worksheet title displays in cell A1. The stock club's investments are summarized in Table 2 1. These numbers are entered into rows 3 through 10. Table 2 1 BetNet Stock Club Portfolio Stock Symbol Acquired Shares Initial Price Current Price Amazon.com AMZN 10/14/ America Online AOL 12/14/ Broadcast.com BCST 2/2/ EarthLink ELNK 3/1/ ebay EBAY 4/13/ Infoseek SEEK 2/12/ UBid UBID 12/21/ Yahoo YHOO 5/12/ Page 3 of 32

4 Enter the Column Titles 1. With cell A2 active, type Stock and then press the RIGHT ARROW key. 2. Type Symbol and then press the RIGHT ARROW key. 3. Type Date & then press ALT+ENTER. Type Acquired & then press the RIGHT arrow key. 4. Type Shares & then press the RIGHT ARROW key. 5. Type Initial & then press ALT+ENTER. Type Price and then press the RIGHT arrow key. 6. Type Initial & then press ALT+ENTER. Type Cost & then press the RIGHT ARROW key. 7. Type Current & then press ALT+ENTER. Type Price & then press the RIGHT ARROW key. 8. Type Current & then press ALT+ENTER. Type Value & then press the RIGHT ARROW key. 9. Type Gain/Loss & press the RIGHT ARROW key. 10. Type % Gain/Loss & then click cell A3. The column titles display as shown in row 2 of Figure 2 1. When you press ALT+ENTER to add more lines to a cell, Excel automatically increases the height of the entire row. The stock data in Table 2 1 includes a date on which each stock was acquired. Excel considers a date to be a number and, therefore, displays it right aligned in the cell. When you enter a date, Excel automatically formats the date so it resembles the way you entered it. For example, if you enter May 20, 1999, Excel displays it as 20 May 99. If you enter the same date in the format 5/20/99, then Excel displays it as 5/20/99. The following steps describe how to enter the stock data shown in Table 2 1, which includes dates. Enter the Stock Data 1. With cell A3 selected, type Amazon.com and then press the right ARROW key. Type AMZN and then press the RIGHT arrow key. 2. With cell C3 selected, type 10/14/97 and then press the RIGHT arrow key. Type 800 and then press the RIGHT ARROW key. 3. With cell E3 selected, type and then press the RIGHT ARROW key twice. Type 331 and then press the ENTER key. 4. Click cell A4. Enter the data in Table 2 1 for the seven remaining stocks in rows 4 through 10. The stock data displays in rows 3 through 10 as shown in Figure 2 1. Page 4 of 32

5 Enter the Total Row Titles 1. Click cell A11. Type Total and then press the DOWN ARROW key. With cell A12 selected, type Average and then press the down arrow key. 2. With cell A13 selected, type Highest and then press the down ARROW key. With cell A14 selected, type Lowest and then press the ENTER key. Click cell F3. The total row titles display as shown in Figure 2 1. Figure 2 1 Entering Formulas The initial cost for each stock, which displays in column F, is equal to the number of shares in column D times the initial price in column E. Thus, the initial cost for Amazon.com in row 3 is obtained by multiplying 800 (cell D3) times (cell E3). If you enter a formula in cell F3 to multiply the values in cells D3 and E3, Excel recalculates the product whenever new values are entered into those cells and displays the result in cell F3. Complete the following steps to enter the formula using the keyboard. Enter a Formula Using the Keyboard 1. With cell F3 selected, type =d3*e3 in the cell. The formula displays in the formula bar and in cell F3 (Figure 2 2). Figure 2 2 Page 5 of 32

6 2. Press the RIGHT ARROW key twice to select cell H3. Instead of displaying the formula in cell F3, Excel completes the arithmetic operation indicated by the formula and displays the result, (Figure 2 3). Figure 2 3 Table 2 2 Summary of Arithmetic Operators Arithmetic Meaning Example Meaning Operator of Usage Negation 10 Negative 10 % Percentage =30% Multiples 30 by 0.01 ^ Exponentiation =2^3 Raises 2 to the third power, which in this example is equal to 8 * Multiplication =6.1 * A1 Multiples the contents of cell A1 by 6.1 / Division =H3 / H5 Divides the contents of cell H3 by the contents of cell H5 + Addition =4 + 8 Adds 4 and 8 Subtraction =D34 35 Subtracts 35 from the contents of cell D34 You can enter the cell references in formulas in uppercase or lowercase, and you can add spaces before and after arithmetic operators to make the formulas easier to read. That is, =d3*e3 is the same as =d3 * e3, =D3 * e3, or =D3 * E3. Page 6 of 32

7 Order of Operations When more than one operator is involved in a formula, Excel follows the same basic order of operations that you use in algebra. Moving from left to right in a formula, the order of operations is as follows: first negation ( ), then all percentages (%), then all exponentiations ( ^ ), then all multiplications (*) and divisions (/), and finally, all additions (+) and subtractions ( ). You can use parentheses to override the order of operations. For example, if Excel follows the order of operations, 10*6 3 equals 57. If you use parentheses, however, to change the formula to 10 * (6 3), the result is 30, because the parentheses instruct Excel to subtract 3 from 6 before multiplying by 10. Table 2 3 illustrates several examples of valid formulas and explains the order of operations. Table 2 3 Examples of Excel Formulas Formula Remark =F6 Assigns the value in cell F6 to the active cell. =6 + 3^2 Assigns the sum of (or 15) to the active cell. =2 * K4 or =K4 * 2 or Assigns two times the contents of cell K4 to the active cell. =(2 * K4) =50 /o*16 Assigns the product of 0.5 times 16 (or 8) to the active cell. = (J12*S23) Assigns the negative value of the product of the values contained in cells J12 and S23 to the active cell. =5*(L14 H3) Assigns the product of five times the difference between the values contained in cells H3 and LI 4 to the active cell. =D1/X6 A3*A4 + A5^A6 From left to right: first exponentiation (A5 A A6), then division (Dl / X6), then multiplication (A3 * A4), then subtraction (Dl / X6) (A3 * A4), and finally addition (Dl / X6 A3 * A4) + (A5 A A6). If cells Dl = 10, A3 = 6, A4 = 2, A5 = 5, A6 = 2, and X6 = 2, then Excel assigns the active cell the value 18 (10 / 2 6 * A 2 = 18). Entering Formulas Using Point Mode Point mode allows you to select cells for use in a formula by using the mouse. Enter Formulas Using Point Mode 1. With cell H3 selected, type = (equal sign) to begin the formula and then click cell D3. Excel surrounds cell D3 with a marquee and appends D3 to the equal sign (=) in cell H3 (Figure 2 4). Figure 2 4 Page 7 of 32

8 2. Type * (asterisk) and then click cell G3. Excel surrounds cell G3 with a marquee and appends G3 to the asterisk (*) in cell H3 (Figure 2 5). Figure Click the Enter box. Click cell 13. Type (equal sign) and then click cell H3. Type (minus sign) and then click cell F3. Excel determines the product of =D3*G3 and displays the result , in cell H3. The formula =H3 F3 displays in cell I3 and in the formula bar (Figure 2 6). 4. Click the Enter box. Click cell J3. Type = (equal sign) and then click cell I3. Type / (division sign) and then click cell F3. Click the Enter box. The Gain/Loss for Amazon.com, , displays in cell I3 and the % Gain/Loss for Amazon.com, , displays in cell J3 (Figure 2 7). The represents % =I3/F3 Page 8 of 32

9 Copy Formulas Using the Fill Handle 1. Click cell F3 and then point to the fill handle. Drag the fill handle down through cell F10 and continue to hold down the mouse button. A border surrounds the copy and paste areas (range F3:F10) and the mouse pointer changes to a cross hair (Figure 2 8). 2. Release the mouse button. Select the range H3:J3 and then point to the fill handle. Excel copies the formula =D3*E3 to the range F4:F10 and displays the initial costs for the remaining seven stocks. The range H3:J3 is selected (Figure 2 9). 3. Drag the fill handle down through the range H4:J10. Excel copies the three formulas =D3*G3 in cell H3, =H3 F3 in cell I3, and =I3/F3 in cell J3 to the range H4:J10 and displays the current value, gain/loss, and percentage gain/loss for the remaining seven stocks (Figure 2 10). If you copy downward, Excel adjusts the row portion of cell references. If you copy across, then Excel adjusts the column portion of cell references. These cell references are called relative references. Page 9 of 32

10 Determine Totals Using the AutoSum Button 1. Select cell F11. Click the AutoSum button twice. (Do not double click.) 2. Select the range H11:I11. Click the AutoSum button. The three totals display in row 11 as shown in Figure Rather than using the AutoSum function to calculate column totals individually, you can select all three cells before clicking the AutoSum button to calculate all three column totals at one time. Determine the Total Percentage Gain/Loss 1. Select cell J10 and then point to the fill handle. 2. Drag the fill handle down through cell J11. Note: The formula, =I10/F10, is copied to cell J11. The resultant formula in cell J11 is =I11/F11, which shows a total club gain on the club's, holdings of or % (Figure 2 12). Note: A blank cell in Excel has a numerical value of zero. Page 10 of 32

11 Determine the Average of a Range Using Keyboard/Mouse 1. Select cell D12. Type =average( in the cell. Click cell D3, the first endpoint of the range to average. Drag through cell D10, the second endpoint of the range to average (Figure 2 13). 2. Click the Enter box. Excel computes the average of the eight numbers in the range D3:D10 and displays the result, 675, in cell D12 (Figure 2 14). Thus, the average number of shares owned in the eight companies is 675. Page 11 of 32

12 Determine the Highest Number in a Number Range 1. Select cell D13. Click the Edit Formula box in the formula bar. Click the Functions box arrow and then point to MAX. 2. The Name box in the formula bar changes to the Functions box. The Formula Palette displays immediately below the formula bar (Figure 2 15). An equal sign displays in the formula bar and the active cell, D Click MAX. When the Function Arguments Window displays, type d3:d10 in the Number 1 edit box. Point to the OK button. The Function Arguments Window displays with the range d3:d10 entered in the Number 1 edit box (Figure 2 16). The completed MAX function displays in the formula bar, and the end of the function displays in the active cell, D13. Page 12 of 32

13 4. Click the OK button and you should see the image below. (Figure 2 17). Determine the Lowest Number in a Range Using Min 1. Select cell D14.Click Arrow on the AutoSum button on the Standard toolbar. When the Paste Function dialog box displays, click Statistical in the Function category list. Scroll down and click MIN in the Function name list. (Figure 2 18). Page 13 of 32

14 2. Next click cell D3 and then drag through cell D10 and then press Enter. Excel determines that the lowest value in the range D3:D10 is 400 and displays it in cell D14 (Figure 2 19). Copy a Range of Cells across Columns to an Adjacent Range 1. Select the range D12:D14. Drag the fill handle in the lower right corner of the selected range through cell J14 and continue to hold down the mouse button (Figure 2 20). 2. Release the mouse button. Excel copies the three functions to the range E12:J14 (Figure 2 21). Page 14 of 32

15 3. Select cell J12 and press the DELETE key to delete the average of the percentage gain/loss. Cell J12 is blank (Figure 2 22). 4. Click the Save button on the Standard toolbar. Type BetNet Stock Club in the File name text box. If necessary, select the Desktop in the Save in box. Click the Save button in the Save As dialog box. The file name in the title bar changes to BetNet Stock Club. Verify a Formula Using Range Finder 1. Double click cell J3. Excel responds by displaying the cells in the worksheet referenced by the formula in cell J3 using different color borders (Figure 2 23). The different colors allow you to see easily which cells are being referenced by the formula in cell J3. 2. Click any cell or press the ESC key to quit Range Finder. Page 15 of 32

16 Verify a Formula Using the Auditing Commands 1. If necessary, click cell J3. Click Tools on the menu bar and then click the down arrows at the bottom of the Tools menu to display the full menu. Point to Auditing. When the Auditing submenu displays, point to Trace Precedents (Figure 2 24). 2. Click Trace Precedents. Blue rounded tracer arrows that point upward display along a blue line in the cells (F3 and I3) that are used by the formula in the active cell, J3 (Figure 2 25). The horizontal arrow in cell J3 of the right end of the blue line indicates the active cell. You can use the blue line and arrows to verify that the correct cells are being used in the formula. 3. Click Tools on the menu bar and then point to Auditing. When the Auditing submenu displays, dick Trace Dependents (Figure 2 26). Page 16 of 32

17 4. Click Tools on the menu bar and then point to Auditing. When the Auditing submenu displays, click Remove All Arrows. Click cell A16 (Figure 2 26). Note: To change the active cell to the one at the other end of the blue line, double click the blue line. This technique gives you a quick way to move from the active cell to one that provides data to the active cell. This is especially helpful in large worksheets. Change the Font and Center the Worksheet Title 1. Click cell A1. Double click the move handle on the left side of the Formatting toolbar to display it in its entirety. Click the Font box arrow on the Formatting toolbar and then point to Bookman Old Style (or Courier New if your system does not have Bookman Old Style) (Figure 2 27). 2. Click Bookman Old Style (or Courier New). Click the Font Size box arrow on the Formatting toolbar and then point to 36. Page 17 of 32

18 3. Click 36. Click the Bold button on the Formatting toolbar (Figure 2 28). 4. Select the range A1:J1. Click the Merge and Center button on the Formatting toolbar (Figure 2 29). Change the Title Background, Font Colors and Apply a Border 1. With cell A1 selected, click the Fill Color button arrow on the Formatting toolbar and then point to the color Dark Blue (column 6, row 1) on the Fill Color palette (Figure 2 30). 2. Click the Font Color button arrow on the Formatting toolbar. Point to the color White (column 8, row 5) on the Font Color palette (Figure 2 31). Page 18 of 32

19 3. Click the Borders button arrow on the Formatting toolbar and then point to the Thick Box Border button (column 4, row 3) on the Borders palette (Figure 2 32). 4. Click cell A2 to deselect cell A1 (Figure 2 33). Bold, Center, and Underline the Column Titles 1. Select the range A2:J2. Click the Bold button on the Formatting toolbar. Click the Center button on the Formatting toolbar. Click the Borders button arrow on the Formatting toolbar and then point to the Thick Bottom Border button (column 2, row 2) on the Borders palette (Figure 2 34). 2. Excel adds a thick bottom border to the range A2:J2. Page 19 of 32

20 Center Data in Cells 1. Select the range B3:B10. Click the Center button on the Formatting toolbar (Figure 2 35). Apply a Currency and Comma Style Format 1. Select the range E3:I3. While holding down the CTRL key, select the nonadjacent range F11:I11. Point to the Currency Style button on the Formatting toolbar. (Figure 2 36) Page 20 of 32

21 2. Click the Currency Style button. Select the range E4:I10 and then point to the Comma Style button on the Formatting toolbar (Figure 2 37). 3. Click the Comma Style button. Select the range A10:J10 and then click the Borders button on the Formatting toolbar. Excel assigns the Comma style format to the range E4:I10 and a thick bottom border to row Click cell E3. Click the Increase Decimal button on the Formatting toolbar. Do the same to cell G3. Select the range E4:E10. Click the Increase Decimal button on the Formatting toolbar. Do the same to the range G4:G10. Click cell E12 to deselect the range G4:G10. (Figure 2 38). Note: Each time you click the Increase Decimal button, Excel adds a decimal place to the selected cell. The Decrease Decimal button removes a decimal place from the selected cell each time it is clicked. Page 21 of 32

22 Apply a Currency Style Format with a Floating Dollar Sign 1. Select the range E12:I14. Right click the selected range. Point to Format Cells on the shortcut menu. The shortcut menu displays (Figure 2 39). 2. Click the Number tab in the Format Cells dialog box. Click Currency in the Category list, click the third style ($1,234.10) in the Negative numbers list, and then point to the OK button. The Format Cells dialog box displays (Figure 2 40). Page 22 of 32

23 3. Click the OK button. The worksheet displays with the totals in rows 12 through 14 assigned the Currency style format with a floating dollar sign (Figure 2 41). Apply a Percent Style Format 1. Select the range J3:J14. Click the Percent Style button on the Formatting toolbar. The numbers in column J display as a rounded whole percent. 2. Click the Increase Decimal button on the Formatting toolbar twice. The numbers in column J display with two decimal places (Figure 2 42). Page 23 of 32

24 Conditional Formatting Excel lets you apply formatting that appears only when the value in a cell meets conditions that you specify. This type of formatting is called conditional formatting. You can apply conditional formatting to a cell, a range of cells, the entire worksheet, or the entire workbook. Usually, you apply it to a range of cells that contains values you want to highlight if conditions warrant. For example, you can instruct Excel to bold and change the color of the background of a cell if the value in the cell meets a condition, such as being less than zero. For example, assume you assign the range J3:J10 the following condition: Condition Cell value is less than 0 Value 1 relational operator value 2 A condition, which is made up of two values and a relational operator, is true or false for each cell in the range. If the condition is true, then Excel applies the formatting. If the condition is false, then Excel suppresses the formatting. What makes conditional formatting so powerful is that the cell's appearance can change as you enter new values in the worksheet. Apply Conditional Formatting 1. Select the range J3:J10. Click Format on the menu bar and then point to Conditional Formatting. (Figure 2 43). Page 24 of 32

25 2. Click Conditional Formatting. If necessary, click the leftmost text box arrow and then click Cell Value is. Click the middle text box arrow and then click less than. Type 0 in the rightmost text box. Click the Format button. (Figure 2 44). 3. When the Format Cells dialog box displays, click the Font tab and then click Bold in the Font style list. Click the Patterns tab. Click the color red (column 1, row 3). Click the OK button (Figure 2 45). 4. When the Conditional Formatting dialog box displays, point to the OK button. The Conditional Formatting dialog box displays as shown in Figure Page 25 of 32

26 5. Click the OK button, Click cell A16 to deselect the range J3:J10. Excel assigns the conditional format to the range J3:J10. Any negative value in this range displays in bold with a red background (Figure 2 47). The middle text box in the Conditional Formatting dialog box contains the relational operator. The eight different relational operators from which you can choose are summarized in Table 2 4. Table 2 4 Summary of Conditional Formatting Relational Operator Description Between Cell value is between two numbers Not Between Cell value is not between two numbers Equal to Cell value is equal to a number Not equal to Cell value is not equal to a number Greater than Cell value is greater than a number Less than Cell value is less than a number Greater than or equal to Cell value is greater than or equal to a number Less than or equal to Cell value is less than or equal to a number Page 26 of 32

27 Change the Widths of Columns 1. Drag through column headings A through E above row 1. Point to the boundary on the right side of column heading E. The mouse pointer becomes a split double arrow (Figure 2 48). 2. Double click the right boundary of column heading E. Click cell A16 to deselect columns A through E. Point to the boundary on the right side of the column F heading above row 1. Drag to the left until the ScreenTip, Width: (89 pixels), displays (Figure 2 49). Page 27 of 32

28 3. Release the mouse button. Point to the boundary on the right side of the column G heading above row 1. Drag to the right until the ScreenTip, Width: 8.71 (66 pixels), displays. A dotted line shows the proposed right border of column G (Figure 2 50). 4. Release the mouse button. Drag through column headings H through J above row 1. Point to the boundary on the right side of column J. Drag to the right until the ScreenTip, Width: (89 pixels), displays. A dotted line shows the proposed right border of columns H through J (Figure 2 51). Page 28 of 32

29 5. Release the mouse button. Click cell A16 to deselect columns H through J. Click File on the menu bar and then click Save. The worksheet displays with the new columns widths (Figure 2 52). Change the Height of a Row by Dragging 1. Point to the boundary below row heading 1. Drag down until the ScreenTip, Height: (82 pixels), displays (Figure 2 53). Page 29 of 32

30 2. Release the mouse button. Point to the boundary below row heading 2. Drag down until the ScreenTip Height: (48 pixels), displays (Figure 2 54). 3. Release the mouse button. Point to the boundary below row heading 12. Drag down until the ScreenTip, Height: (32 pixels), displays. Release the mouse button. The Totals row and the Average row have additional white space between them, which improves the appearance of the worksheet. The formatting of the worksheet is complete (Figure 2 55). Page 30 of 32

31 Check Spelling on the Worksheet 1. Double click the move handle on the left side of the Standard toolbar to display the toolbar in its entirety. Select cell A2 and enter Stpck to misspell the word Stock. Select cell A1. Click the Spelling button on the Standard toolbar. When the spell checker stops on BetNet, click the Ignore button. When the spell checker stops on cell A2, click the word Stock in the Suggestions list. When the spell checker identifies the misspelled word, Stpck, the Spelling dialog box displays (Figure 2 56). Click the Change button. 2. As the spell checker checks the remainder of the worksheet, click the Ignore and Change buttons as needed. The spell checker changes the misspelled word, Stpck, to the correct word, Stock, and continues spell checking the worksheet. When the spell checker is finished, it displays the Microsoft Excel dialog box / Microsoft help with a message indicating that the spell check is complete for the entire sheet (Figure 2 57). 3. Click the OK button to finish. Page 31 of 32

32 Saving the Workbook a Second Time Using the Same File Name Earlier in this project, you saved an intermediate version of the workbook using the file name, BetNet Stock Club. To save the workbook a second time using the same file name, click the Save button on the Standard toolbar. Excel automatically stores the latest version of the workbook using the same file name, BetNet Stock Club. When you save a workbook a second time using the same file name, Excel will not display the Save As dialog box as it does the first time you save the workbook. You also can click Save on the File menu or press SHIFT+F12 or CTRL+S to re save a workbook. If you want to save the workbook using a new name or on a different drive, click Save As on the File menu. Some Excel users, for example, use the Save button to save the latest version of the workbook on the default drive. Then, they use the Save As command to save a copy on another drive. Rename the Sheets 1. Double click the tab labeled Sheet2 in the lower left corner of the window. Type Real Time Stock Quotes as the sheet name and then click a cell on the worksheet. The new sheet name displays on the tab (Figure 2 58). 2. Double click the tab labeled Sheet1 in the lower left corner of the window. Type Investment Analysis as the sheet name and then press the enter key. The sheet name changes from Sheet1 to Investment Analysis. 3. Click the Save button on the Standard toolbar. Sheet names can contain up to 31 characters (including spaces) in length. Longer sheet names, however, mean that fewer tabs will display. Page 32 of 32