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This exercise is provided to allow potential course delegates to choose the correct Wise Owl Microsoft training course, and may not be reproduced in whole or in part in any format without the prior written consent of Wise Owl.
This exercise shows one use of the INDIRECT function, to allow you to change worksheet names in formulae dynamically.
Have a look at the two worksheets called Inputs - Bills and Inputs - Other. They both contain a range called CstSheetTotal (shown in red below):
The Inputs - bills worksheet version of the CstSheetTotal range name is shown selected in red above.
Because the range is called CstSheetTotal in each of the two sheets, we have to prefix it with the sheet name in any formula. For example:
The formula to show total bills for the first year.
The Inputs sheet contains two cells giving the names of the worksheets for bills and other costs:
The green cells contain the current names of the two worksheets.
Create formulae in rows 6 and 7 of the Calculations sheet to calculate the formulae to use, and refer to these using the INDIRECT function in rows 8 and 9 to get the bills and other daily living costs:
Your formulae should build up ... a valid formula, but missing the initial = sign.
Try changing the worksheet names (you'll also need to change these on the Inputs sheet). Your formulae should still work!
Save this workbook as With INDIRECT, then close it down.
You can find other training resources for the subject of this exercise here:
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