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When presented with a colleague's spreadsheet filled with intricate formulas, it's easy to feel lost. To regain control, you can utilize the Show Formulas shortcut by pressing Control + `. This reveals all cells with formulas, providing an immediate overview. In this state, you can identify input cells easily, making it straightforward to understand data structures.
Once the formulas are visible, selecting a specific cell and pressing F2 highlights and color-codes referenced cells. This feature proves invaluable when formulas span visible regions.