CFI-Excel-eBook

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The Corporate Finance Institute Excel2. SUM ARRAY Formula and ABS FunctionThe Excel array formulas help us to do multiple calculations for a given array orcolumn of values. We can use SUM ARRAY along with ABS to get the absolutevalue of a series of numbers in column or row. Suppose we are given a fewnumbers as below, so in this scenario, the SUM array formula for absolutevalues would be =SUM(ABS(A2:A6)).Now, select cell A7 in your spreadsheet, and enter the formula‘=SUM(ABS(A2:A6))’. After entering the formula in cell A7, press “Ctrl + Shift +Enter”. Once we do this, the formula will have {} brackets around it as shown inthe screenshot below.As seen in the screenshot above, the array formula also returned the value 44in cell A7, which is the absolute value of the data entered in cells A2:A6.corporatefinanceinstitute.com160
The Corporate Finance Institute Excel3. SUMPRODUCT Formula and ABS FunctionThe SUMPRODUCT function allows us to include the ABS function to provideabsolute numbers. Suppose we are given the following data. If we would justuse the SUMPRODUCT formula, we would get a negative number as shownbelow:However, using ABS Function, we can get the absolute number as result. Theformula to be used would be:To learn more, launch our free Excel crash course now!ABS as a VBA FunctionIf we wish to use the ABSOLUTE function in Excel VBA code, it can be used inthe following manner. Let’s assume I need ABS of -600 so the code would be:Dim LNumber As DoubleLNumber = ABS(-600)Now in the above code, the variable known as LNumber would now contain thevalue of 600.corporatefinanceinstitute.com161
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