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have you ever been given an Excel sheet with a bunch of formulas and you were wondering how they derived these formulas and how the formulas were interconnected within the sheet if you have then watch closely because Iamp;#39;ll show you how you can quickly and easily identify all of the formulas within an Excel sheet how they were calculated and which Fields they were derived from okay so first letamp;#39;s just go through what weamp;#39;re actually seeing within this sheet so this is the balance sheet for my imaginary coffee shop which is called most coffee beans and we have the asset section we have the liability section and then we also have the common Financial ratio section on the bottom now to be able to actually understand how the formulas were derived and how the calculations in the formulas are used we first need to identify the formulas so luckily Excel has a very easy way for us to do this so if you go to the top here into the formulas tab we have the show formulas butto