From
the Edit menu, select the Paste option.
OR
Press the button.
OR
Press theCTRL and V keys.
Another technique to copy is to use the Autofill handle located in the lower
right corner of the cell or a range of selected cells.
You need to:
Place
the cursor in the cell to be copied.
Place
the cursor on the small black square in the lower right corner of the cell.
Press the left mouse button and move the cursor to the right.
The contents of the cell will be copied into the selected cells. You
can also copy the contents in any direction: left, right, up or down. You can
also copy a range of cells at the same time. The result will vary as the contents
of cells are numbers or formulas. There is an exercise on this option later
on this page.
Absolute and relative reference: IMPORTANT
Coping formulas is the fastest way to create a model. There is however a trap
that you must be aware. Let's place the following formula =A1+A2 in the A3 cell. If you copy this formula in the B3 and C3 cells, the result
would be the following: B3: =B1+B2 , C3: =C1+C2. Why did Excel not copy exactly
the formula =A1+A2?
Actually, it did copy the formula. It's all in the way that Excel interprets
the formula. It's not the cell's address that's important but its position with
regards to the cells where the formula is located. If the formula is in the A3 cell,
Excel will interpret the formula =A1+A2 this way: the A1 cell is two
cells above the current position of the formula and A2 cell is just above.
So, when Excel will copy the formula it's going to add both cells just above
where the formula is placed. It's for that reason that the formulas copied
in the B3 (=B1+B2) and C3 (=C1+C2) cells are this way. They also add the numbers
of the two cells above the formula. This kind of reference in the formula is
called relative reference. Everything is relative to the location of the formula.
Excel always fetches the numbers in the same way. It's also more practical when
you copy a formula. You usually use the same formula on a different set of numbers.
For example, you can copy a formula that adds the monthly expenses. The same
formula that was needed for January should also work for every other month of
the year.
Quiz: If you copy the formula =A1+A2 from the A3 cell to the Z20 cell, what will the formula look like? The answer is at the end
of this page.
But what can you do when you need a variable in
the formula? A variable is information that can change at any time. For example,
if you want to know what happens to the profits if the growth rate changes from
5 % to 50 %. Or what if the number of employees passes from 5 to 25? Or what if the mortgage
rate to be renewed changes?
A model consists of three elements: constants, variables and formulas. Constants are number needed to start your model. They will not change during the timeline of your model. Even these numbers change in the long run, but not in the time frame for this model. Examples of constants are tax and insurance rates, sales tax, telephone bill and mortgage payments.
Variables are the data that you want to test the model by asking " what happens if... " questions. What will happen if the interest rates rise?
What will happen if a customer doesn't pay?
What will happen at such a growth rate? These variables can change at any time so that you can try to find the best solutions for your model.
Never write a variable in a formula. For example, never write =100000*10%. Otherwise, you'll have to change
every formula each time the variable changes. It's for that reason that you need to place a variable in a single cell. If the variable is written in
several cells, chances are you will forget to change a value in one of these cells. This would invalidate your entire model because you forgot to change a single value. It also makes it very
difficult to make sure that the model is correct because you must verify all the cells or where the variable is located. This would make the validation process, very long and very
painful. So, it's better to avoid copying a variable in several
places in a file. The best way is to write a variable in a single cell and have every formula refer to that cell. Change the content of a single cell and your entire model changes! Isn't it why you created a model in the first place?
This makes the work of creating formulas a little more complicated. What must you do when you want to copy a formula? Cell addresses are composed of two components: a reference to the column and to row they're located. The first cell's address, A1, is composed of these two components. The letter represents the column and the number represents the row. The column's addresses are from A to Z and then from AA to IV (in Excel 2007 it goes up to XFD). The row's addresses are from 1 to 65 565 (compared to Excel 2007's 1 048 576).
By copying a formula, the relative
reference changes too. The column reference changes when you copy a formula horizontally (left to right). The row reference changes when you copy a formula verticaly (up and down).
You can use the dollar sign ($) to "fix" or "freeze" a column or a row
in a formula. When the formula will be copied, the parts that are frozen will
not change. To freeze, you must place the dollar sign ($) in front of the column or row position.
A1 |
Neither the column nor the row is frozen. |
$A1 |
The column is frozen but not the row. |
A$1 |
The row is frozen but not the column. |
$A$1 |
The row and the column are frozen. |
Example:
Write numbers and following formula in the appropriate cells.
A1: 100 , A2: 200 , A3: =$A1+A2
Copy the contents of the A3 cell in the B3 to E3 cells.
There are many ways to copy the formula. Here are two of them
Place
the cursor in the A3 cell.
From
the Edit menu, select the Copy option.
Make
a range with the B3 to E3 cells.
From
the Edit menu, select the Paste option
There is also the other way by using the fill handle.
Place
the cursor in the A3 cell.
Place
the cursor on the lower right corner of the cell, on the black square in the
corner. The shape of the cursor should change to a black "+" sign.
Keep
your finger on the left mouse button and move the cursor up to the E3 cell.
The other ways would have been to use the CTRL+C and CTRL+V keys to copy and paste the cell. You could also have used the copy and paste buttons on the standard toolbar or use the copy and paste options from the context menu that's available by pressing the right mouse button.
The formulas in the B3 to E3 cells are:
Cell |
Result |
Formula |
B3 |
100 |
=$A1+B2 |
C3 |
100 |
=$A1+C2 |
D3 |
100 |
=$A1+D2 |
E3 |
100 |
=$A1+E2 |
By "freezing" the A column in the formula, this reference will always look for the value
in the first column (A). This is necessary when you want to look for
the contents of a cell that contains a variable and you wish to copy the formula. A formula that has a relative
position would not allow you to look for the contents of the A1 cell once it's copied elsewhere. By freezing the column
or the row in the formula, you'll not be obliged to change the formula
once you copied it to other cells.
If you want to copy a formula
horizontally, you may only need to freeze the column reference ($A1). If you wish to copy a formula vertically, you may need to freeze the row or row reference (A$1). If you a coping the formula to a different row and column, you may need to freeze both. It depends on where the data is located relative to the position of your formula. If they're always in the same cell, you need to freeze the column of row to get an absolute reference. Excel will always look for the data in the same column or row.
Exercise with the exchange rate
This exercise is to demonstrate the enormous advantage of using
relative and absolute references in formulas that you want to copy. It
consists in changing the values of US currency into Canadian dollars.
Write numbers and formulas in the appropriate cells.
For this exercise, we presume that 1 US dollar equals 1.4 Canadian dollars,
which is a the rate in the A2 cell. The A3 cell contains the formula
that will help us to find the value for the first column. The result of this
cell should be 7 (5 * 1.4 = 7). You could write the formula again for the following
cells, from B3 to D3, but it's even more effective to copy the formula to the other cells (B3 to D3).
Place
the cursor in the A3 cell.
From
the Edit menu, select the Copy option.
OR
Press the button.
OR
Press
the CTRL and C keys.
The frame around the A3 cell will flash. This is normal. It's to remind
you that it's the cell that you have just copied.
Make
a range with the B3 to D3 cells.
From
the Edit menu, select the Paste option.
OR
Press
the button.
OR
Press
the CTRL and V keys.
And here it is! The formula is now copied in the other cells that you have
just specified. However, the result is not what you expected. There are only
zeros instead of values! Let's find out why.
Place
the cursor in the B3 cell.
You can see from the formula bar the following contents:
You'll notice that the B1 cell contains a value ( 10 ) whereas the B2 cell is empty. It's for that reason that Excel shows the value 0 (10
* 0 = 0) in the B3 cell.
To solve this small problem, you could copy the exchange rate of the A2 cell in the B2 to D2 cells. But that's not a practical solution
for several reasons. In the first place, the same value would occupy several cells for nothing. You could put the other numbers or formulas in that place.
Secondly, the chances to forget to change the contents of a single cell during
modifications are far too high. It would be really pity to
have a useless model because you forgot to change the contents
of one or two cells!
It's preferable to put the values of variables and constants in cells
apart and adjust formulas. It's never a good idea to put the value of a constant
or a variable in a formula. As mentioned in the previous paragraph,
if you forget to change the value in a single cell, invalidates your model.
In fact constants and variables have something common: they can change.
A variable can change any time for the needs of your model: occupation rate,
price of a product, price of the material etc. A constant can also change but on a mid to long-term basis: taxes, tax rates, interest rates... Because a variable or constant can change, it's much
easier to manage it by placing the value in a single cell. You can adjust your formulas to refer to that cell using relative and absolute references. You must master theses references if you wish to copy formulas and efficiently use Excel or any other spreadsheet.
Let's return to the exercise. The formula
must be adjusted so that it can always find the exchange rate in the right cell; A2 in
our box. But what must you know before adjusting the formula?
Is there a part of the formula that you want to fix or freeze? For the exercise, you must "fix" the A2 part
of the formula.
You must know if you will copy the formula horizontally,
vertically or both? For the exercise, the formula will be copied horizontally
in the B3 to D3 cells. Because it's horizontally, you only need "freeze" or to "fix" the letter of the column and not the number of the row
in the cell address contained in the formula.
It's now time to change the formula of the A3 cell to adapt it.
Place
the cursor in the A3 cell.
To change the contents of the cell.
Press
the F2 key.
OR
Double-click
the A3 cell.
OR
Place
then the cursor on the formula bar.
Change
the contents of the formula to this: =A1*$A2
The formula was changed but the value remains the same: 7 (5 * 1,4). It's only when you'll copy the formula and see the results that you'll notice the change.
Copy
the formula in the A3 cell into the B3 to D3 cells.
If you need a reminder, refer to the instructions for copying above.
Verify
the formulas of in the B3 to D3 cells.
B3: =B1*$A2
C3: =C1*$A2
D3: =D1*$A2
You have now the right result because you "froze" the A column of the A2 cell. Look how it practical it can be:
Change
the value of the A2 cell from 1.4 to 1.25.
All the values in worksheet have been changed by changing the content of a single cell! What do you
prefer now; change the contents of a single cell or change several cells? Which
one is the most efficient? (Answer: change a single cell)
But you must pay attention in the way that you use the relative
and absolute references.
Place
the cursor in the A3 cell.
Copy
the contents of the cell.
Paste
it in the A4 to A8 cells.
What exchange rate! Let's verify the contents of the A4 to A8 cells.
A4: = A2*$A3
A5: =A3*$A4
A6: =A4*$A5
A7: =A5*$A6
A8: =A6*$A7
You see the problem! The formula was copied vertically and not horizontally.
Although the column is frozen, the rows are not. It's for that reason that
the results climb so quickly. Be careful when you apply relative
and absolute references. Be sure to freeze the right column or row.
Please.
Take as much practice as you can with this technique. It's essential to effectively
use Excel. Build your own exercises!
The answer to the relative question about copying the formula
=a1+a2 from the A3 cell to the Z20 cell is: =Z18+Z19. It adds the content of
the two cells just above the formula, wherever it's located in the worksheet. Click here to return to the text. |