IF statement that yields a value based on a formula

[barbara h]

Help! If cell B12 >= 0, then I need the answer to be calculated based on the
formual "B12 * .40". If cell B12 < 0, then the answer is zero.

How do I do this?

 

[Eva]

IF(B12>=0,B12*0.4,IF(B12,0,0))
Click yes if helped

 

[Mike H]

Hi,

Try this

=MAX(0,B12*0.4)
--
Mike

When competing hypotheses are otherwise equal, adopt the hypothesis that
introduces the fewest assumptions while still sufficiently answering the
question.

 

[T. Valko]

One way...

=(B12>=0)*0.4

 

[T. Valko]

based on the formual "B12 * .40".

=(B12>=0)*0.4

Ooops!

Disregard that formula.

Here's a corrected version:

=(B12>0)*(B12*0.4)

 

[Neil Humphries]

Is the second IF really needed? Would not IF(B12>=0,B12*0.4,0) solve the
problem more simply?

Also, since 0*0.4 = 0 it could be simplified to IF(B12>0,B12*0.4,0).

If the test only occurs a few times there won't be a noticable difference,
but if the test happens hundreds of times then the last formula will be
faster.

 

[Mike H]

Neil,

You don't need an IF statement at all, have a look at other responses
--
Mike

When competing hypotheses are otherwise equal, adopt the hypothesis that
introduces the fewest assumptions while still sufficiently answering the
question.