Ratio Tables worksheets can help you make more money for your time than any other type of worksheet. When you write ratio tables in excel it allows you to do a couple different things.
One is that the ratio tables make your work easier and therefore save you time. It’s almost like you can skip some of the more tedious parts of your work. Not only will you get things done, but you will save yourself time in the process.
The reason that I say that you can skip a difficult part of your work is because you can find a way around it. That way around might be with a shortcut or a method of doing the work that I am talking about.
Say for example that you want to determine how many hours of training time you need to spend on this project and then calculate the cost per hour of that training. You could use the ratio tables to accomplish that task. You simply fill in the variables that you would like to compare.
You would need to know certain variables before you could do that. You might want to know if the project is in growth and if the target job will be 100% successful in the next few weeks. Those are two things that you could check on.
You will need to know how long the project will take to finish if the target time is within a week. That’s where you would need to check the duration variable. What the table tells you when you create your table is if you need to put more of the resources into the project and how much time you would need to get it done.
This is the advantage of using the table. If you have already started a project that is not going as planned, you can just add up the time for that project and then calculate the time it will take to finish. You could use a table like that to save yourself some valuable time.
Now, there are a lot of things people do not realize about doing calculations. It is not just about knowing the numbers and knowing what to do with them. You must learn the proper tools to use and learn to create tables so that you can quickly come up with accurate calculations.