2255 AAMMAAZZIINNGG EEXXCCEELL EEXXAAMMPPLLEESS TTHHEE EEVVOOLLVVEEDD FFRROOMM TTHHEE IINNVVEENNTTIIOONN TTHHAATT CCHHAANNGGEEDD TTHHEE WWOORRLLDD!! HHoollyy MMaaccrroo!! BBooookkss The Spreadsheet at 25 Copyright © 2005 Bill Jelen. All Rights Reserved Project Manager : Anne Troy Art Director : Scott Pierson Production Assistant : Lisa Davis Cover Design : Darcy Cloutier-Fernald Pre Press : Fine Grains (India) Private Limited Contributors: Ted Lewis, Zack Barresse, Ivan Moala, Juan Pablo González, Jacob Hilderbrand, Brian Mulder, Mark Rowlinson, Duane Aubin, Julio Ahumada, Masaru (Colo) Kaji, Dr. Gerard M. Verschuuren, P.K. Hari Hara Subramanian, Melissa D'Arabian, Timmy Chan, Don Heckerman and Ravi Singh Published by : Holy Macro! Books, 13386 Judy, Uniontown OH 44685 Distributed by : Independent Publishers Group ISBN 978-1-932802-52-8 LCCN: 2005921880 First Printing: March 2005 All brand names and product names used in this book are trade names, service marks, trademarks or registered trademarks of their respective owners. THE HISTORY OF SPREADSHEETS........................4 25 WONDERS OF THE SPREADSHEET WORLD.....36 COOL THINGS PEOPLE DO WITH EXCEL.............64 25 COOL THINGS YOU CAN DO WITH EXCEL......90 CONTRIBUTORS.................................................118 CHAPTER - 1 THAT CHANGED THE WORLD! U sing rows and columns for accounting can be traced back 19th Century to August DeMorgan, a London mathematician in an 1846 book entitled Main Principle of Bookkeeping. August De Morgan 5 1964 Richard Mattessich A Berkley professor, Richard Mattessich, realized that performing budgetary what-if analyses by hand was not productive. It could take a week to recalculate an entire budget, by which time the original assumptions would be obsolete. 6 I n two books published in 1964, Mattessich proposed electronic spreadsheets for solving such problems. His Simulation of the Firm through a Budget Computer Program detailed a program that would allow rapid recalculation of a company budget. His book included the Fortran programming code to allow any firm with a mainframe computer to eliminate the mechanical pencils for the specific application of budgeting. Rather than being a general-purpose program like VisiCalc, Mattessich's approach required a knowledge of the Fortran language. M attessich was clearly on the right track in the 1960s. Unfortunately, the computer hardware of the time was expensive and not readily available to the masses. Companies typically used teletype terminals to dial into a time-sharing mainframe, where charges were accrued by the minute. It was the right idea, but it would take fifteen years before sufficient computing power was available at a low enough price for most companies. 7 1976 I n the 1970's, personal computers were in their infancy. Byte magazine claimed to have 73,000 subscribers in 1976; people running computers like the TRS-80 or Commodore PET. Peter Jennings wrote MicroChess and sold the first copy in December 1976. It was one of the first computer games and eventually sold millions of copies. However, unless you were a hard-core chess fan, you probably were not going to pay $1000 to $2000 for a computer for the sole purpose of playing MicroChess. F or the average accountant, in 1978 a “spreadsheet” was still a large piece of green ledger paper with number figures written in with a mechanical pencil. Any accountant at the time kept a large eraser nearby because when you discovered that one number was wrong, all of the subsequent rows had to be recalculated. 8
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