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MrExcel podcast is sponsored by Easy-XL! Excel 2010 In Depth chapter 18 Apply Names to Formulas! Hey, welcome back to the MrExcel netcast, Im Bill Jelen. Chapter 19 in the book is all about using names in Excel. And, you know, lets just take a look at formula here, so we have a formula B5+B4, and youre probably used to that formula nomenclature. But I want you to take a look at these cells, Cost of Good Sold, Ive named that cell COGS, and this cell, Ive named that cell Revenue. So if I come down here and enter a formula of =that-that, youll notice that the formula doesnt use cell B6-B8, instead it uses the names. Alright, you have to admit, thats kind of easy when youre looking at the formula, Revenue-CostOfGoodsSold, it makes sense self-documenting. Alright, you might say Oh well, thats really cool, I would like to go back and change all of these formulas. So we come up here and say Were going to call this cell Net Sales. I click here and do NetSales. And that cell
