Question

HELP!!! Excel Formula - IF Statement

Asked by: nfroio

Hello all,

Need help asap, I have a huge spreadsheet with numerous co-dependent formulas, and I have always been bloody terrible at IF statements, as proven by my lame attempt below:

Basically, I need to do this:

X2 = 11,101
G2 = 50%
AE2 = $150,000

So, I want to take the total of (X2*G2)-AE2, and IF it is a negative number then the total should show 0, if a positive number, then display the total.

=IF((X2*G2)-AE2)<=250000,Z=((X2*G2)-AE2),Z=Nil))

am pretty sure the error lies in the <=250000, but alas, I dont know enough about this statement.

HEP' ME, HEP' ME PLEASE

thnaks

nfroio

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Asked On
2003-04-24 at 16:36:44ID20595676
Tags

excel

,

formula

,

statement

Topic

Microsoft Office Suite

Participating Experts
2
Points
300
Comments
7

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Answers

 

by: de_wagterPosted on 2003-04-24 at 17:07:41ID: 8391985

=IF(((X2*G2)-AE2)>0;((X2*G2)-AE2);0))

 

by: de_wagterPosted on 2003-04-24 at 17:09:15ID: 8391987

what exactly is the idea behind the 250000??

 

by: byundtPosted on 2003-04-24 at 21:15:31ID: 8392766

How about using the MAX function to satisfy your stated objective:

=MAX(X2*G2-AE2,0)

MAX will pick the 0 if your formula is negative, otherwise it uses the formula result.

Your IF function has two problems: with the Z=((X2*G2)-AE2) for the TRUE condition and Z=Nil for the FALSE condition. Z= doesn't belong in either one, and Nil is not an Excel number. To fix it, you might try:

=IF(X2*G2-AE2<=250000,X2*G2-AE2,0)

This means, if X2*G2-AE2 is less than (or equal to) 250,000 then use that number, otherwise use 0.

De_wagter uses semicolons rather than commas because of his European language settings. I believe that you (like me) need to be using commas.

 

by: de_wagterPosted on 2003-04-25 at 02:01:08ID: 8393759

semicolons should always work, and commas only work if you don't use then as decimal indicator or digit grouping indicator (e.g. European language setting).

;)

 

by: nfroioPosted on 2003-04-25 at 08:48:21ID: 8396184

>what exactly is the idea behind the 250000??

my utter lack of knowledge? LOL

I was kinda jugling alot of things yesterday, and realized that mistake after I posted the question, but E-E was running kinda slow...

Anyway, I will try the above, and get back to this and award accordingly..

thanks all

 

by: nfroioPosted on 2003-04-25 at 09:03:29ID: 8396301

Thank you byundt, your =MAX formula worked exactly as I needed.

Sadly De_wagter, your =IF statement did not work, for some reason Excel did not like the >0 part of your formula.

Thanks again,

nfroio

 

by: byundtPosted on 2003-04-25 at 10:57:35ID: 8397093

De_wagter's formula has two problems for people using American settings:

1) The last right parenthesis should be deleted
2) Got to use commas rather than semicolon

Absent these two minor problems, it should have worked for
nfroio

20120131-EE-VQP-002

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