Just as you can create workbooks to store and manipulate financial and other data in Excel, you can use Word to create reports and other text documents to interpret and provide valuable context for your worksheet data. Word documents can also present data in tables, which are arranged in rows and columns like a worksheet. For example, if you receive a report from a traveling colleague in which she created a table listing the prices of popular products at a competitor’s store, you can copy the data from the Word document to an Excel worksheet for direct comparison. You can also go in the opposite direction, copying Excel data to a table in Word.