It will work out just fine, even with tables!
And even with hyperlinks, let alone colors. This is the print screen of the Calendar for the Sports module that I and my collaborating teacher worked on, which was completely created in MSFT Word:
Print screen of the calendar created in MS Word
I was very nervous if it would work out, ’cause it is particularly hard to create a table anew directly on the Moodle platform. Yet a simple copy-paste technique worked out pretty well.
All one needs to do is to go to the editing mode, choose a page (or create one) where we intend to copy-paste text, and there we go. The advantage of doing this is that we create a document on our PC, so we already have a copy on our computer. Also, this will be in our Moodle by a simple combination of certain buttons. Incredibly easy. I encourage to create stuff in Word and then copy and paste it in your Moodle.