Microsoft Office Tutorials and References
In Depth Information
Making Decisions — The IF Function
To Enter the Remaining July Formulas
Replacing a Formula
with a Constant
By doing the following,
you can replace a formula
with its result so that
the cell value remains
constant: (1) click the cell
with the formula; (2) press
F2 or click in the formula
bar; (3) press F9 to display
the value in the formula
bar; and (4) press the
ENTER key.
The July commission expense in cell B19 is equal to the revenue in cell B13 times
the commission assumption in cell B3 (5.75%). The July marketing expense in cell B20 is
equal to the projected July revenue in cell B13 times the marketing assumption in cell B5
(15.00%). Similar formulas determine the remaining July expenses in cells B21 and B22.
The total expenses value in cell B23 is equal to the sum of the expenses in the range
B18:B22. The operating income in cell B25 is equal to the gross margin in cell B15 minus
the total expenses in cell B23. The formulas are short, and therefore, they are typed in the
following steps, rather than entered using Point mode.
1
Select cell B19. Type =b13*$b$3 and then press the DOWN ARROW key to enter the
formula in the selected cell. Type =b13*$b$5 and then press the DOWN ARROW key
to enter the formula in the selected cell. Type =b13*$b$6 and then press the DOWN
ARROW key to enter the formula in the selected cell. Type =b13*$b$8 and then press
the DOWN ARROW key to enter the formula in the selected cell.
2
With cell B23 selected, click the Sum button (Home tab | Editing group) twice to insert a
SUM function in the selected cell. Select cell B25 to prepare to enter the next formula.
Type =b15–b23 and then press the ENTER key to enter the formula in the selected cell.
3
Press CTRL + ACCENT MARK (`) to display the formulas version of the worksheet (Figure 3 – 31).
4
When you are i nished viewing the formulas version, press CTRL + ACCENT MARK (`) to display
the values version of the worksheet.
Why should I view the formulas version of the worksheet?
Viewing the formulas version (Figure 3 – 31) of the worksheet allows you to check the
formulas assigned to the range B14:B25. Recall that formulas were entered in lowercase.
You can see that Excel converts all the formulas from lowercase to uppercase.
in formulas version,
Excel displays
formulas for July
Figure 3–31
 
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