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Excel 2007 : IRR function

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  1. #1
    Registered User
    Join Date
    03-30-2009
    Location
    Chicago, IL, USA
    MS-Off Ver
    Excel 2003
    Posts
    37

    Cool IRR function

    I have some financial statements and one of the things I was requested to do was using the IRR function. I do not understand exactly what it is suppose to measure but it has to do with cash flows. I tried highlighting all the Cumulative Net Case Flow to use this function but the value I got back was 25.94% when I was suppose to get back 29.42%. I should get this from my profitability sheet how do I use this formula to get this value. I have attached my worksheet.
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    Last edited by aaslezak; 10-01-2009 at 03:49 PM. Reason: Forgot attachment

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