Section 4 - Screen Elements
In addition to the Standard and Formatting toolbars, Excel
also has a Formula Bar.
Excel XP Formula Bar

Excel 2007 Formula Bar

The Formula Bar is located above of the workbook window and allows you to enter or edit values or formulas in cells or charts. The Formula Bar also displays the value or formula used in the active cell.
In MAC Excel 2004, the formula bar is slightly different, as shown below. The calculator icon is used to create formulas.
MAC Excel 2004 Formula Bar 
The Formula Bar is located at the top of the Excel window
and allows you to enter or edit values and formulas in cells
or charts. The Formula Bar also displays the value or formula
used in the active cell.
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