Go Premium for a chance to win a PS4. Enter to Win

x
?
Solved

Excel IF formula

Posted on 2015-02-24
3
Medium Priority
?
87 Views
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.
0
Comment
Question by:fjkaykr11
  • 2
3 Comments
 
LVL 5

Accepted Solution

by:
Rodney Endriga earned 2000 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])
0
 
LVL 3

Author Closing Comment

by:fjkaykr11
ID: 40629580
Rodney, thank you for the detailed explanation. I really appreciate your help!
0
 
LVL 5

Expert Comment

by:Rodney Endriga
ID: 40629689
No problem, fjkaykr11, glad I can help.
0

Featured Post

New feature and membership benefit!

New feature! Upgrade and increase expert visibility of your issues with Priority Questions.

Question has a verified solution.

If you are experiencing a similar issue, please ask a related question

Microsoft's Excel has many features that most people will never need nor take advantage of.  Conditional formatting is one feature that you may find a necessity once you start using it.
This article describes a serious pitfall that can happen when deleting shapes using VBA.
This Micro Tutorial demonstrates in Microsoft Excel how to consolidate your marketing data by creating an interactive charts using form controls. This creates cool drop-downs for viewers of your chart to choose from.
Many functions in Excel can make decisions. The most simple of these is the IF function: it returns a value depending on whether a condition you describe is true or false. Once you get the hang of using the IF function, you will find it easier to us…

916 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question