What are calculations entered into a spreadsheet called?

Formulas?
Or
Values?

I'm thinking its formulas but Values talks about calculations on a spreadsheet too.

You are correct, calculations entered into a spreadsheet are called formulas. Formulas are used to perform mathematical operations and calculations on the data in a spreadsheet. They are typically written using mathematical operators (such as +, -, *, /) and cell references (such as A1 or B2) to specify the data to be used in the calculation.

With formulas, you can perform a wide range of calculations in a spreadsheet, such as addition, subtraction, multiplication, division, averaging, and more. The result of a formula is always a value.

On the other hand, values in a spreadsheet refer to the actual data entered into cells. These can be numbers, text, dates, or other types of information. Values can be used directly in calculations or referenced by formulas to perform calculations.

In summary, while both formulas and values are involved in calculations on a spreadsheet, formulas are specifically used to perform calculations, whereas values are the actual data on which the calculations are performed.