More Efficient Formula

I am looking for a more efficient function,Any suggestions?
=IF($E14="","",IF($E14=0,"",IF($Z14="",$T14/1/$K14,$T14/$Z14/$K14)))
Thanks
SvgmassiveAsked:
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aikimarkCommented:
=IF($E14="","",IF($Z14="",$T14/1/$K14,$T14/$Z14/$K14))

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Subodh Tiwari (Neeraj)Excel & VBA ExpertCommented:
The condition $E14="" will be evaluated to be False if E14 is 0 but the condition $E14=0 will be evaluated to be True if the E14 is either blank or contains 0. So checking $E14=0 only is more than enough.

You may rewrite your formula as below...
=IF($E14=0,"",IF($Z14="",$T14/1/$K14,$T14/$Z14/$K14))

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Rob HensonFinance AnalystCommented:
Or you can use the OR and IFERROR functions to handle blanks:

=IF(OR($E14=0,$E14=""),"",IFERROR($T14/1/$K14,$T14/$Z14/$K14)

The multiple division will be calculated in sequential order, therefore $T14/1/$K14 will be same as $T14/$K14.

Should there be brackets around the Z14/K14 section?

=IF(OR($E14=0,$E14=""),"",IF($Z14="",$T14/(1/$K14),$T14/($Z14/$K14))
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