What are Absolute References:
Absolute Reference is a way in Microsoft Excel that allows us to fix a specific cell reference in a formula. This help to prevent it from changing if you copy the formula to other cells on the spreadsheet.
Absolute References with Excel for Mac:
The way Absolute References work with Excel for Mac is similar to Windows, where the dollar sign ($) locks specific cell references. However, the consistent process empowers Mac users to maintain unchanging references for accurate calculations, just as in other Excel versions.|PE
Example of Absolute References
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Scenario: Calculating Tax Amount
Say in Cell B2 We have the salary figure, and we are calculating the Tax amount in Cell C2 which is = B2*0.3. Now to make the Cell C2 an absolute reference you need to add $ sign like $B$2*0.3.

Now if you copy the contents of Cell C2 the formula will remain the same and not affected.

How to create Absolute Reference on another Sheet
If you want to copy an Absolute Reference cell formula to another sheet, all you need to do is prefix the formula with Sheet-Name!. In our case it will be Sheet1!$B$2*0.3
