MS Excel
To edit in an embedded excel worksheet object in a word document

Use the word menu bar and toolbars
Edit the data in a excel source application
Edit the hyperlink
Use the excel menu bar and toolbars inside the word application

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MS Excel
You can auto fit the width of column by

Double clicking on the column name on column header
Double click on the cell pointer in worksheet
Double clicking on the column left border of column header
Double clicking on column right border on column header

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