A Better Idea

BY STANLEY ZAROWIN

An item in the August issue, “Averaging noncontiguous cells that contain some zero values” (page 73), generated several ideas from readers for a better way to address the problem. David M. Fogel, a CPA in Roseville, Calif., was the first to suggest this formula, noting it could be used in a large spreadsheet over a wide range of cells:

 

=SUM(A1:G1)/COUNTIF(A1:G1,">0")

 

Shane Eloe, a CPA at Dickinson & Clark CPAs in Council Bluffs, Iowa, posted an even shorter option on the JofA’s Facebook page:

 

=AVERAGEIF(A1:G1,">0")

 

More from the JofA:

 

 Find us on Facebook      Follow us on Twitter

 

RESOURCES

Keeping you informed and prepared amid the coronavirus crisis

We’re gathering the latest news stories along with relevant columns, tips, podcasts, and videos on this page, along with curated items from our archives to help with uncertainty and disruption.

SPONSORED REPORT

Getting leases in line

ASC Topic 842 is a relatively simple standard that can mean profound changes for organizations with leases. This report examines what makes this standard challenging and describes new ways for CPAs to add value.