shy_girl_7_13_ said:
Can anyone help me understand what this formula does. And what does the $
mean.
=+B12/$N$13
Thank you so much for your help.
The + is irrelevant.
This takes the value in cell B12, divides it by the value in cell N13.
The $ have no effect on a single cell, but come into play when you
copy.
When you copy a cell reference down, the row is incremented by 1;
across, and the column is incremented to the next letter.
Example:
In cell B2, type "=a1"
Now copy it down a row, and it will become "=a2"
Copy this across 1 and it becomes equals "=b2"
Go back to cell B2, and change the formula to "=$a$1"
Copy it down and across all you like, and it will always stay "=$a$1"
The $ indicates 'absolute referencing'. You can think of it as "Lock
this row/column reference when I copy"