Perform calculations by using MIN and MAX function

Select a cell below or to the right of the numbers for which you want to find the smallest number.

On the Home tab, in the Editing group, click the arrow next to AutoSum Button image, click Min (calculates the smallest) or Max (calculates the largest), and then press ENTER.

If the cells are not in a contiguous row or column

To do this task, use the MIN, MAX, SMALL, or LARGE functions.

Example

Copy the following data to a blank worksheet.

1 A
  Data
2 10
3 7
4 9
5 27
6 0
7 4
  Formula Description (Result)
  =MIN(A2:A7) Smallest number in the range (0)
  =MAX(A2:A7) Largest number in the range (27)
  =SMALL(A2:A7, 2) Second smallest number in the range (4)
  =LARGE(A2:A7,3) Third largest number in the range (9)

Perform calculations by using the AVERAGE function

Returns the average (arithmetic mean) of the arguments. For example, if the range A1:A20 contains numbers, the formula =AVERAGE(A1:A20) returns the average of those numbers.

Syntax

AVERAGE(number1, [number2], …)

The AVERAGE function syntax has the following arguments:

Number1    Required. The first number, cell reference, or range for which you want the average.

Number2, …    Optional. Additional numbers, cell references or ranges for which you want the average, up to a maximum of 255.

  • Arguments can either be numbers or names, ranges, or cell references that contain numbers.
  • Logical values and text representations of numbers that you type directly into the list of arguments are not counted.
  • If a range or cell reference argument contains text, logical values, or empty cells, those values are ignored; however, cells with the value zero are included.
  • Arguments that are error values or text that cannot be translated into numbers cause errors.
  • If you want to include logical values and text representations of numbers in a reference as part of the calculation, use the AVERAGEA function.
  • If you want to calculate the average of only the values that meet certain criteria, use the AVERAGEIF function or the AVERAGEIFS function.
  • Average, which is the arithmetic mean, and is calculated by adding a group of numbers and then dividing by the count of those numbers. For example, the average of 2, 3, 3, 5, 7, and 10 is 30 divided by 6, which is 5.
  • Median, which is the middle number of a group of numbers; that is, half the numbers have values that are greater than the median, and half the numbers have values that are less than the median. For example, the median of 2, 3, 3, 5, 7, and 10 is 4.
  • Mode, which is the most frequently occurring number in a group of numbers. For example, the mode of 2, 3, 3, 5, 7, and 10 is 3.

To locate the Show a zero in cells that have a zero-value check box:

On the File tab, click Options, and then, in the Advanced category, look under Display options for this worksheet.

Example

Copy the example data in the following table, and paste it in cell A1 of a new Excel worksheet. For formulas to show results, select them, press F2, and then press Enter. If you need to, you can adjust the column widths to see all the data.

Data
10 15 32
7
9
27
2
Formula Description Result
=AVERAGE(A2:A6) Average of the numbers in cells A2 through A6. 11
=AVERAGE(A2:A6, 5) Average of the numbers in cells A2 through A6 and the number 5. 10
=AVERAGE(A2:C2) Average of the numbers in cells A2 through C2. 19

Perform calculations by using the COUNT function

Use COUNTIF, one of the statistical functions, to count the number of cells that meet a criterion; for example, to count the number of times a particular city appears in a customer list.

In its simplest form, COUNTIF says:

=COUNTIF(Where do you want to look?, What do you want to look for?)

For example:

=COUNTIF(A2:A5,”London”)

=COUNTIF(A2:A5,A4)

Examples

To use these examples in Excel, copy the data in the table below, and paste it in cell A1 of a new worksheet.

Data Data
apples 32
oranges 54
peaches 75
apples 86
Formula Description
=COUNTIF(A2:A5,”apples”) Counts the number of cells with apples in cells A2 through A5. The result is 2.
=COUNTIF(A2:A5,A4) Counts the number of cells with peaches (the value in A4) in cells A2 through A5. The result is 1.
=COUNTIF(A2:A5,A2)+COUNTIF(A2:A5,A3) Counts the number of apples (the value in A2), and oranges (the value in A3) in cells A2 through A5. The result is 3. This formula uses COUNTIF twice to specify multiple criteria, one criteria per expression. You could also use the COUNTIFS function.
=COUNTIF(B2:B5,”>55″) Counts the number of cells with a value greater than 55 in cells B2 through B5. The result is 2.

Business Documents Bangalore University B.com 1st Semester NEP Notes

Unit 1 Documents & Transactions {Book}
Preparation of Invoice, Receipts, Voucher VIEW
Delivery Challan, Entry cum Gate Pass VIEW
Debit and Credit Note VIEW
Transactions: Receipts VIEW VIEW
Vouchers VIEW
Debit Note, Credit Note VIEW VIEW

 

Unit 2 Banking Transaction Documents {Book}
Banking VIEW
Drawings, Endorsing of Cheques VIEW VIEW
Crossing of Cheques VIEW
Filling up of pay in slips VIEW
Application and Preparation of Demand Drafts VIEW
Pass Book VIEW
Account opening form for SB account VIEW
Current account and Term Deposits VIEW
Fixed Deposit account and FD Receipts VIEW
Bills of Exchange VIEW
Promissory Note VIEW

 

Unit 3 Insurance Transaction Documents {Book}
Filling up of an application form of LIC policy, Premium form VIEW
Premium Notice and Challan for remittance receipts VIEW
Procedure for lapsed policy VIEW
Procedure for settling an account while the insured is alive or dead VIEW

 

Unit 4 {Book}
Circulars VIEW
Notice VIEW VIEW
Memo VIEW
Agenda VIEW
Minute of meetings VIEW
Resolutions VIEW
Stock list VIEW
Offer letter, Appointment letter VIEW
Quotation VIEW
Purchase order, Sales order VIEW
Payroll Reports VIEW

 

Financial Literacy Bangalore University B.com 1st Semester NEP Notes

Unit 1 Introduction to Financial Literacy {Book}

Meaning, importance and scope of financial literacy VIEW VIEW
Prerequisites of Financial Literacy, Level of education, Numerical and Communication ability VIEW
Various financial institutions:
Bank VIEW VIEW
Insurance Companies VIEW VIEW
Post Offices VIEW
Mobile App based services VIEW
Need of availing of financial services from Banks, Insurance companies and Postal services VIEW
Unit 2 Financial Planning and Budgeting {Book} VIEW
Meaning, Importance and Need for financial planning VIEW VIEW
Personal Budget, Family Budget, Business Budget VIEW
Procedure for financial planning and Preparing budget VIEW VIEW
Avenues for savings from surplus VIEW VIEW

 

Unit 3 Banking Services {Book}
Types of banks VIEW
Banking Products and Services VIEW VIEW
VIEW VIEW
Types of Bank Deposit Accounts VIEW VIEW
VIEW VIEW
Savings Bank Account, Recurring Deposit, PPF, NSC etc. VIEW
Term Deposit, Current Account VIEW
Formalities to open various types of bank accounts, PAN Card, Address proof, VIEW
KYC norm VIEW
Various types of loans VIEW
Short term, VIEW
Medium term, Long term Loan VIEW
Micro finance VIEW VIEW
Interest rates offered by various Nationalized banks and post office VIEW
Cashless banking VIEW
e-banking VIEW
Check Counterfeit Currency VIEW
CIBIL VIEW VIEW
ATM VIEW
Debit and Credit Card VIEW
APP based Payment system VIEW
Banking complaints and Ombudsman VIEW
Unified Payment Interface (UPI) VIEW
Unit 4 Post Office Financial Services {Book}
Post office Savings Schemes: Savings Bank, Recurring Deposit, Term Deposit, Monthly Income Scheme, Kishan Vikas Patra VIEW
Senior Citizen Savings Scheme (SCSS) VIEW
Sukanya Samriddhi Yojana/ Account (SSY/SSA) VIEW
India Post Payments Bank (IPPB) VIEW
Money Transfer: Money Order, E-Money order VIEW
Instant Money Order, Collaboration with the Western Union Financial Services VIEW
MO Videsh (Service Closed)
International Money Transfer Service VIEW
Electronic Clearance Services (ECS) VIEW
Money gram International Money Transfer VIEW
Indian Postal Order (IPO)
Unit 5 Protection and Investment Related Financial Services {Book}
Insurance Services: Life Insurance Policies: Life Insurance, Term Life Insurance VIEW
Endowment Policies VIEW
Pension Policies VIEW
ULIP VIEW
Health Insurance and its Plans VIEW VIEW
Property Insurance VIEW
Policies offered by various general insurance companies VIEW
Post office life Insurance Schemes: Postal Life Insurance and Rural Postal Life Insurance (PLI/RPLI) VIEW
Housing Loans: Institutions providing housing loans VIEW VIEW
Loans under Pradhan Mantri Awas Yojana; Rural and Urban VIEW
Investment avenues in Equity VIEW
Investment avenues in Debt Instruments VIEW VIEW
Portfolio Management: Meaning and importance VIEW VIEW
Share Market VIEW
Debt Market VIEW VIEW
Sensex and its significance VIEW
Investment in Shares VIEW
Mutual Fund VIEW
Systematic investment plan (SIP) VIEW

Spreadsheet for Business Bangalore University B.com 1st Semester NEP Notes

Unit 1 Introduction {Book}
Introduction to spreadsheets, Office Suite overview VIEW VIEW
Basic Text and cell formatting VIEW
Basic Arithmetic calculation, Special paste, Freeze pane VIEW
Auto completion of Series, Sort and filter, Charts VIEW

 

Unit 2 Summarize data using functions {Book}
Perform calculations by using the SUM function VIEW
Perform calculations by using MIN and MAX function VIEW
Perform calculations by using the COUNT function VIEW
Perform calculations by using the AVERAGE function VIEW
Perform logical operations by using the IF function VIEW
Perform logical operations by using the SUMIF function VIEW
Perform logical operations by using the AVERAGEIF function VIEW
Perform statistical operations by using the COUNTIF function VIEW

 

Unit 3 Text Functions {Book}
Data validation VIEW
Text Functions: LEN, TRIM, PROPER, UPPER, LOWER, CONCATENATE VIEW

 

Principles of Marketing Bangalore University B.com 1st Semester NEP Notes

Unit 1 Introduction to Marketing {Book}
Introduction to Marketing VIEW
Fundamentals of Marketing, Scope of Marketing VIEW
Importance of Marketing VIEW
Elements of Marketing Mix VIEW
Approaches of Marketing VIEW
Analyzing the Marketing Environment: Components of Environment VIEW
Micro Environment VIEW
Macro Environment: Environment specific to the firm; Global Environment, Consumer environment, Technology environment, Competition environment VIEW
Value Philosophy in Marketing: Understanding the value philosophy, Meaning of value; Value Creation and Delivery VIEW
Value Delivery Process VIEW
Value Delivery and Upstream Marketing VIEW
Value Innovation; Co-creation of value VIEW

 

Unit 2 Consumer Behaviour & Market Segmentation {Book}
Consumer Behaviour Introduction VIEW
Factors influencing Consumer Behaviour VIEW
Buying Decision Process VIEW
Theories of Consumer Decision Making VIEW VIEW
Marketing Research Key terms and VIEW
Process & Techniques of market research VIEW
Role of Market Research in the decision-making system VIEW
Market Segmentation VIEW VIEW
Targeting VIEW
Differentiation VIEW
Positioning VIEW VIEW
Levels of Segmentation VIEW
Basis for Segmenting Consumer VIEW
Basis for Segmenting Business Markets VIEW
Market Targeting, Developing VIEW
Communicating Strategy VIEW
Positioning Strategy VIEW VIEW
VIEW VIEW

 

Unit 3 Product and Pricing Strategy {Book}
Product Levels; Classifying products VIEW
Product Range VIEW
Product Line VIEW
Product Mix VIEW
Product Life Cycles VIEW
New Product Development VIEW
New Service Development VIEW
Stages of Product Development; VIEW
Product Adoption Process VIEW VIEW
Pricing to Capture Value: VIEW
Pricing Environment VIEW
Consumer Psychology & Pricing VIEW
Pricing Philosophy VIEW
Methods of Pricing VIEW VIEW
Price Adaptations VIEW
Initiating Price Changes VIEW
Responding to Competitors’ Price Changes VIEW

 

Unit 4 Marketing Channels & Promotional Strategy {Book}
Marketing channels, Functions VIEW
Physical Distribution VIEW
Value Networks VIEW
Channel Design Decisions VIEW
Channel Management Decisions VIEW
Channel Integration and Systems VIEW VIEW
E-commerce VIEW VIEW
E- Retailing VIEW
Promoting Value:
Marketing Communications VIEW
Personal Influencers VIEW
Marketing Communications Mix VIEW
Advertising VIEW VIEW
Sales Promotion VIEW VIEW
Personal Selling VIEW VIEW
Direct Marketing VIEW VIEW
Public Relations VIEW VIEW

 

Unit 5 Advancements in Marketing {Book}
Social Marketing VIEW VIEW
Online Marketing VIEW
Search Engine Optimization (SEO) VIEW
Green marketing VIEW
Rural Marketing VIEW
Mobile Marketing VIEW
Marketing Analytics VIEW
Social Media Marketing VIEW
Email Marketing VIEW VIEW
Live Video Streaming Marketing VIEW
Network Marketing VIEW
Affiliate Marketing VIEW
Chatbots Marketing VIEW
Influencer Marketing VIEW
Global Marketing VIEW
Experiential Marketing VIEW
Relationship Building and Customer Retention VIEW VIEW
Strategic Alliances and Networks VIEW

 

Digital Fluency Bangalore University B.com 1st Semester NEP Notes

Unit 1 Fundamentals of Computer {Book}
Introduction, Objectives, Computer, Mobile/Tablet VIEW VIEW
Application of Computer VIEW
Components of a Computer System, Central Processing Unit VIEW
Input devices: Connecting Power cord, Keyboard, Mouse, USB ports and Pen Drive VIEW VIEW
Output devices: Monitor and Printer to CPU VIEW

 

Unit 2 Word Processor {Book} No Update

 

Unit 3 Internet {Book}
Internet Introduction, Objectives, Applications VIEW
Internet Protocols: HTTP, HTTPS, FTP VIEW
Concept of Internet & WWW VIEW
Website Address and URL VIEW
Modes of Connecting Internet (Hotspot, Wi-Fi, LAN Cable, Broadband, USB Tethering) VIEW
Popular Web Browsers (Internet Explorer/Edge, Chrome, Mozilla Firefox) VIEW
Exploring the Internet, Surfing the web VIEW
Searching on Internet VIEW

 

Unit 4 E-mail {Book}
E-mail Introduction, Objectives, Structure VIEW
Protocols: SMTP, IMAP, POP3 VIEW
No More Update

 

Business Management & Startups Bangalore University B.com 1st Semester NEP Notes

Unit 1 Principles & Functions of Management {Book}
Introduction, Meaning, Definitions, Importance & Scope of management VIEW
Principles of Management VIEW
Managerial Functions: Meaning, Definition, Characteristics VIEW
Benefits & Limitations of Planning VIEW
Benefits & Limitations of Organizing VIEW
Benefits & Limitations of Directing VIEW
Benefits & Limitations of Coordinating VIEW
Benefits & Limitations of Controlling VIEW
Task & Responsibilities of Professional Manager VIEW

 

Unit 2 Leadership & Motivation {Book}
Leadership: Concept, Importance VIEW
Major Theories of Leadership:
Likert’s scale Theory, Fred Fielder’s Situational leadership VIEW
Blake & Mouton’s Managerial Grid theory VIEW
House Path Goal theory VIEW
Modern Leadership styles in the changing world (Charismatic leadership, Transformational leadership, Visionary Leadership, Transactional Leadership, Servant Leadership, Situational Leadership). VIEW
Motivation: Concept & Importance of Motivation VIEW
Contemporary Motivation Theories
Expectancy Theory VIEW
Equity Theory VIEW
Goal Setting Theory VIEW
Reinforcement theory VIEW

 

Unit 3 Startups & Its Financial Issues {Book}
Startups Introduction, Meaning, Features, Types, Ideation VIEW
Design Thinking VIEW
Entrepreneurship Lessons for Startups VIEW
3 Pillars to Initiate startup (Handholding, Funding & Incubation) VIEW
Startup Financial issues VIEW
Feasibility Analysis: The cost & Process of Raising capital VIEW
Unique Funding issues of a High-tech Ventures:
Funding with equity VIEW
Financing with debt VIEW
funding strategies with bootstrapping VIEW
Crowdfunding VIEW
Venture Capital VIEW

 

Unit 4 Incubation Support to Startups {Book}
Introduction, Meaning & Definition of Incubation Support, Services Types VIEW
Objectives & Functions of Incubation Centers VIEW
Incentives for Incubators VIEW
Role of Incubators in startup Policy VIEW
List of Major Startups Incubators in India VIEW
Case studies on Startups

 

Unit 5 Government Initiatives for Startups in India {Book}
Government Initiatives, Startup India Initiative VIEW
Seed Fund, ASPIRE VIEW
SAMRIDDHI Scheme VIEW
Mudra Scheme (Sishu, Kishore & Tarun) VIEW
ATAL Innovation Mission VIEW
MSME Multiplier Grants Scheme VIEW
Credit Guarantee fund Trust for micro & Small business VIEW
Software Technology Park VIEW
Venture Capital Assistance Scheme VIEW
Single Point Registration scheme VIEW
M-SIPS, Self-Employment & Talent Utilization (SETU) VIEW

 

Financial Accountancy Bangalore University B.com 1st Semester NEP Notes

Unit 1 Introduction to Accountancy
Accountancy Introduction, Meaning, Definition of Accounting VIEW VIEW
Uses & Users of Accounting VIEW
Accounting Principles VIEW
Accounting process VIEW
Types of Reconciliation (Concepts) VIEW VIEW
Recognition of Capital & Revenue VIEW
Problems on Accounting Equation (Operating in Spreadsheet) VIEW
Unit 2 Consignment Accounts
Consignment Accounts Introduction, Meaning of Consignment VIEW
Consignment Vs Sales VIEW
Proforma Invoice, Accounts Sales, Types Commission VIEW
Accounting for Consignment Transactions & Events in the books of Consignor only VIEW
Treatment of Normal & Abnormal Loss VIEW
Valuation of Closing Stock VIEW
Goods sent at Cost Price VIEW
Goods sent at Invoice Price VIEW
Unit 3 Accounting for Branches
Introduction, Meaning, Objectives, Types of Branches VIEW VIEW
Meaning and features of Branches VIEW
Meaning and features of Dependent Branches VIEW
Independent Branches, Foreign Branches VIEW
Methods of Maintaining books of Accounts by Head office VIEW
Meaning & Feature of Debtor system, stock & Debtor system VIEW
Wholesale branch system and Final Account system VIEW
Supply of Goods at Cost Price VIEW
Supply of Goods at Invoice Price VIEW
Unit 4 Leasing & Hire Purchase
Leasing, Elements of lease, Major Components of Lease Agreement, VIEW
Types of Leasing VIEW
Leasing Financial institution in India. (Theory) VIEW
Meaning of Hire Purchase and Instalment Purchase System difference between Hire Purchase and Instalment Purchase VIEW VIEW
Important Definitions: Hire Purchase Agreement VIEW
Hire Purchase Price VIEW
Hire Purchase Charges VIEW
Net Hire Purchase Price VIEW
Cash Price, Net Cash Price VIEW
Calculation of Interest VIEW
Calculation of Cash Price VIEW
Journal Entries and Ledger Accounts in the books of Hire Purchaser (Asset Accrual Method only). VIEW
Unit 5 Emerging Trends in Accounting
Digital Transformation of Accounting VIEW
Big Data Analytics in Accounting VIEW
Accounting through Cloud Computing VIEW
Green Accounting VIEW VIEW
Human Resource Accounting VIEW
Inflation Accounting VIEW
Database Accounting VIEW

 

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