A simple example of using a formula in the Conditional Formating would be the one used for Column A on the Sensitivity Analysis table:
=A22:A47=$C$13
- The formula will check the data in the range A22:A47 – the range with our Accounting Multiples for example.
- Every cell from this range is cheched and if it is equal to the cell C13, then it will apply the formatting defined by you.
- Note the use of Abolute Cell References $C$13