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You can organize and manipulate the data by merging the rows and columns to suit your report. What’s more, Excel allows you to unmerge the cells.
Reasons for Merging Cells
Merge Options
There are four primary merge options available in Excel.
Merge & Center: This alternative merged cells and aligns text at the center while retaining the top and left most data.
Merge Across: This option combines cells in columns without changing their alignment.
Merge Cells: It is the simplest method of merging the selected cells
Unmerge Cells: It is the opposite of merging because it unmerges or splits the cells.
Let’s get started on how to merge cells in Excel
Method 1: Merge & Center Option in Excel
The Merging command is located on the Excel Home Tab.
How to Merge Columns in Excel
It is easy to merge columns in Excel. Select the multiple columns you wish to join and repeat the above process.
The first step is to highlight the two columns you want to merge. For instance, you may want to combine the ” First Name” and ” Last Name” like in the example below.
Method 2: Merging Multiple Cells using the Format Method
Another easy method to merge cells is using the format menu.
Highlight the multiple cells to be merged.
Although 53% of excel users utilize the Merge Cells Feature, merging cells creates multiple data problems. First of all, it is difficult to copy and paste data. Secondly, it is impossible to highlight a single column that contains numbers as data. Thirdly, the option of Autofill is disabled, which makes it challenging to save on time on Excel. Lastly, since merged cells are not similar to the original cells, you cannot use essential Excel features such as COUNTIFS and SUMIFS. Therefore, the ideal alternative to counter these problems is using the “Center Across Selection” merging option.
How to Merge Cells without Losing Data
Method 1: Center Across Selection
Center Across Selection does not modify and combine cells. Instead, it only aligns the relevant text at the center. Therefore, when merging cells, you don’t lose any functionality such as copy, paste, or Autofill.
However, the only difference is that the cells are intact, including their functionality. Please note that this option only works for horizontal groups. Therefore, you’ll need to merge cells vertically. What’s more, ensure that you join cells with single entries because data from multiple entries may be unsuccessful to emerge.
Method 2: Concatenation Formula
The Concatenation formula is the best option for merging cells if you don’t want to lose your data. What’s more, this formula is the best for joining multiple cells such as ” First Name” and ” Last Name ” into a single cell. However, a new cell will be created for the result.
First of all, select cell ” C2” and apply the CONCATENATE formula (A2,” ” B2) to get the desired results.
A2 refers to the first cell to be merged, whereas B2 is the last cell to be merged.
The space between the first name and the last name is represented by the two quotations (“) marks.
Method 3: How to Merge cells using Ampersand (&) Operator
The Ampersand (&) Operator is similar to the Concatenation formula. However, whereas ampersand uses “&” operator function, the latter use the CONCATENATE function.
How to Unmerge Cells In Excel
If you need to split the previously merged cells, then you can unmerge them.
Limitations of Merging Cells using Excel
However, Excel’s primary weakness is that only the upper-left value of cells is retained while all other data is discarded. Although data from one cell is retained, the contents of two or more cells cannot be merged. Consequently, only the data from the upper-left will be kept after merging.
Secondly, Excel only merges cells that form a rectangular shape. For instance, it is possible to combine data from cells C1, C2, D1, and D2. However, it is impossible to merge cells from C1, C2, and B1 only. Lastly, the sort command does not function on the already merged cells.
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How To Merge Cells In Excel
You can organize and manipulate the data by merging the rows and columns to suit your report. What’s more, Excel allows you to unmerge the cells.
Reasons for Merging Cells
Merge Options
There are four primary merge options available in Excel.
Merge & Center:
This alternative merged cells and aligns text at the center while retaining the top and left most data.
Merge Across:
This option combines cells in columns without changing their alignment.
Merge Cells:
It is the simplest method of merging the selected cells
Unmerge Cells:
It is the opposite of merging because it unmerges or splits the cells.
Let’s get started on how to merge cells in Excel
Method 1: Merge & Center Option in Excel
The Merging command is located on the Excel Home Tab.
Afterward, maneuver to the
Merge & Center
button located under the
Home Tab
.
How to Merge Columns in Excel
It is easy to merge columns in Excel. Select the multiple columns you wish to join and repeat the above process.
The first step is to highlight the
two columns
you want to merge. For instance, you may want to combine the “
First Name
” and “
Last Name
” like in the example below.
Take note that selecting the
Merge & Center
button will provide you with one large cell that has only one value.
Method 2: Merging Multiple Cells using the Format Method
Another easy method to merge cells is using the format menu.
Highlight
the multiple cells to be merged.
Locate the Alignment Tab and check on the “
Merge Cells
” option.
Although 53% of excel users utilize the Merge Cells Feature, merging cells creates multiple data problems. First of all, it is difficult to copy and paste data. Secondly, it is impossible to highlight a single column that contains numbers as data. Thirdly, the option of Autofill is disabled, which makes it challenging to save on time on Excel. Lastly, since merged cells are not similar to the original cells, you cannot use essential Excel features such as COUNTIFS and SUMIFS. Therefore, the ideal alternative to counter these problems is using the “Center Across Selection” merging option.
How to Merge Cells without Losing Data
Method 1: Center Across Selection
Center Across Selection does not modify and combine cells. Instead, it only aligns the relevant text at the center. Therefore, when merging cells, you don’t lose any functionality such as copy, paste, or Autofill.
The first step is to
select the text
you want to join across.
Alternatively, press
CTRL+1
to launch the
Alignment Group Dialogue box
.
However, the only difference is that the cells are intact, including their functionality. Please note that this option only works for horizontal groups. Therefore, you’ll need to merge cells vertically. What’s more, ensure that you join cells with single entries because data from multiple entries may be unsuccessful to emerge.
Method 2: Concatenation Formula
The Concatenation formula is the best option for merging cells if you don’t want to lose your data. What’s more, this formula is the best for joining multiple cells such as “First Name” and “Last Name” into a single cell. However, a new cell will be created for the result.
First of all, select cell “
C2
” and apply the
CONCATENATE
formula
(A2,” ” B2)
to get the desired results.
A2
refers to the first cell to be merged, whereas
B2
is the last cell to be merged.
The space between the first name and the last name is represented by the two quotations (“) marks.
Method 3: How to Merge cells using Ampersand (&) Operator
The Ampersand (&) Operator is similar to the Concatenation formula. However, whereas ampersand uses “&” operator function, the latter use the CONCATENATE function.
First of all, select
Cell 2
titled “
Full Name
”.
After that, apply the formula
=A2&“ “&B3
to give the desired result as illustrated below.
How to Unmerge Cells In Excel
If you need to split the previously merged cells, then you can unmerge them.
Select the
merged cells
Limitations of Merging Cells using Excel
However, Excel’s primary weakness is that only the upper-left value of cells is retained while all other data is discarded. Although data from one cell is retained, the contents of two or more cells cannot be merged. Consequently, only the data from the upper-left will be kept after merging.
Secondly, Excel only merges cells that form a rectangular shape. For instance, it is possible to combine data from cells C1, C2, D1, and D2. However, it is impossible to merge cells from C1, C2, and B1 only. Lastly, the sort command does not function on the already merged cells.
If you’re looking for a software company you can trust for its integrity and honest business practices, look no further than SoftwareKeep. We are a Microsoft Certified Partner and a BBB Accredited Business that cares about bringing our customers a reliable, satisfying experience on the software products they need. We will be with you before, during, and after all the sales.
That’s our 360 Degree SoftwareKeep Guarantee. So, what are you waiting for? Call us Today on +1 877 315 1713 or email sales@softwarekeep.com. As well, you can reach us via Live Chat.
Learn To Calculate Yield To Maturity In Ms Excel
Understanding a bond’s yield to maturity (YTM) is an essential task for fixed income investors. But to fully grasp YTM, we must first discuss how to price bonds in general. The price of a traditional bond is determined by combining the present value of all future interest payments (cash flows), with the repayment of principal (the face value or par value) of the bond at maturity.
The rate used to discount these cash flows and principal is called the “required rate of return”, which is the rate of return required by investors who are weighing the risks associated with the investment.
How to Price a Bond
The formula to price a traditional bond is:
The pricing of a bond is therefore critically dependent on the difference between the coupon rate, which is a known figure, and the required rate, which is inferred.
Suppose the coupon rate on a $100 bond is 5%, meaning the bond pays $5 per year, and the required rate-given the risk of the bond-is 5%. Because these two figures are identical, the bond will be priced at par, or $100.
Pricing a Bond after It’s Issued
Bonds trade at par when they are first issued. Frequently, the coupon rate and required return don’t match in the subsequent months and years, as events impact the interest rate environment. Failure of these two rates to match causes the price of the bond to appreciate above par (trade at a premium to its face value) or decline below par (trade at a discount to its face value), in order to compensate for the rate difference.
Take the same bond as above (5% coupon, pays out $5 a year on $100 principal) with five years left until maturity. If the current Federal Reserve rate is 1%, and other similar-risk bonds are at 2.5% (they pay out $2.50 a year on $100 principal), this bond looks very attractive: offering 5% in interest-double that of comparable debt instruments.
Given this scenario, the market will adjust the price of the bond proportionally, in order to reflect this difference in rates. In this case, the bond would trade at a premium amount of $111.61. The current price of $111.61 is higher than the $100 you will receive at maturity, and that $11.61 represents the difference in present value of the extra cash flow you receive over the life of the bond (the 5% vs. the required return of 2.5%).
In other words, in order to get that 5% interest when all other rates are much lower, you must buy something today for $111.61 that you know in the future will only be worth $100. The rate that normalizes this difference is the yield to maturity.
Calculating the Yield to Maturity in Excel
The above examples break out each cash flow stream by year. This is a sound method for most financial modeling because best practices dictate that the sources and assumptions of all calculations should be easily auditable. However, when it comes to pricing a bond, we can make an exception to this rule because of the following truths:
Some bonds have many years (decades) to maturity and a yearly analysis, like that shown above, may not be practical
Most of the information is known and fixed: we know the par value, we know the coupon, and we know the years to maturity.
For these reasons, we’ll set up the calculator as follows:
In the above example, the scenario is made slightly more realistic by using two coupon payments per year, which is why the YTM is 2.51-slightly above the 2.5% required rate of return in the first examples.
How To Remove Or Split All Merged Cells In Excel?
How to remove or split all merged cells in Excel?
Try to remove all merged cells from a specified range in Excel? Or need to unmerge/split all merged cells in Excel? The following solutions will help you work easily.
Find and Remove all merged cells with Find and Replace feature
This method will find all merged cells in the specified range with the Find and Replace feature, and then delete these merged cells. Please do as follows:
And then all merged cells are found out and listed at the bottom of the Find and Replace dialog box.
5. Select all of fount out merged cells in the Find and Replace dialog box, and then close the Find and Replace dialog box.
You can Select all merged cells by selecting one merged cell in the Find and Replace dialog box, and then pressing the Ctrl + A keys simultaneously.
So far we have deleted all merged cells in the specified range. See screenshot:
Find and Remove all merged cells with Kutools for Excel
This method will introduce Kutools for Excel’s Select Merged Cells utility to quickly select all merged cells from a specified range, and then delete them easily in Excel.
Kutools for Excel – Includes more than 300 handy tools for Excel. Full feature free trial 30-day, no credit card required! Free Trial Now!
So far all merged cells in the specified range are completely deleted.
Unmerge/split all merged cells with Kutools for Excel
Kutools for Excel – Includes more than 300 handy tools for Excel. Full feature free trial 30-day, no credit card required! Free Trial Now!
Kutools for Excel – Includes more than 300 handy tools for Excel. Full feature free trial 30-day, no credit card required!
Demo: remove or split all merged cells in Excel
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