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Excel IF formula

Posted on 2015-02-24
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Last Modified: 2015-02-24
In Excel 2010, I am viewing a spreadsheet that contains an IF statement (below are the details)

Cell B4 contains Sales 2013
Cell B5 contains Sales 2014

In Cell B6 the formula contains =IF(B5="","",(B4-B5)B5)

I am not familiar with part of the formula that indicates:  B5="","",

Any feedback is greatly appreciated, Thanks.
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Question by:fjkaykr11
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Rodney Endriga earned 500 total points
ID: 40629570
The first portion of the formula is validating the contents of the cell reference. In this example, the cell reference is B5.
It is checking to see if the cell is BLANK (no data/text in the cell).

The second portion of formula is applying a results to the cell where the formula resides (in this case, cell B6). In this example, the result would be BLANK ("") if cell B5 is BLANK.

The basic IF formula structure is:
     if(logical test, [value if true], [value if false])
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by:fjkaykr11
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Rodney, thank you for the detailed explanation. I really appreciate your help!
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by:Rodney Endriga
ID: 40629689
No problem, fjkaykr11, glad I can help.
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