Advanced Usage in Functions. If you have a formula in cell C1 that calculates B1 * 2 and you drag it down to C2, the formula automatically adjusts to B2 * 2.
Using $ for Absolute Reference in Excel Formulas
Each department has a different revenue figure, but the overhead costs are the same for everyone. To prevent this adjustment and force a specific cell reference outside the table, you must still utilize the $ sign to create an absolute anchor point that persists outside the table structure.
Without the $ sign, the reference to the tax rate would shift down with every row, resulting in incorrect calculations. A relative reference, such as B2, is flexible and dynamic.
Using $ for Absolute Reference in Excel Formulas
In a table, you can use structured references that are inherently structured and often dynamic. However, if you drag a formula created in a table cell outside of that table range, Excel will adjust the reference.
More About What does the $ mean in excel
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