Then, use Goal Seek, setting Set cell as the cell containing quick ratio, keeping To value as 1 (or your target ratio), and ask Excel to adjust the ratio by changing trade payables.

Goal Seek can help you save time by making some calculations faster, and Solver adds a huge amount of power to Excel's calculating abilities. It's just a matter of getting comfortable with them.

Goal Seek is useful in a number of other ways, of course, but the tutorial at Chadoo's Pointy Haired Dilbert blog uses retirement savings as a relatable framework for understanding how Goal Seek ...

Go to Data, click the dropdown arrow next to What-if Analysis within the Forecast group, and choose Goal Seek. The Goal Seek window will open. Select cell B3 for Set cell:, as this is the cell that ...

This article, How to use Excel's Goal Seek analysis tool, originally appeared on TechRepublic.com. If you ask me, Excel's what-if analysis tools are under-used. I often respond to readers with ...

Excel’s Goal Seek and Scenario Manager Explained. When you use Excel, you have access to powerful tools that can help you make informed decisions based on different scenarios.