profit/loss

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Guest

I have to add a row to the bottom of my worksheet which tests the amount of profit made in each relevant column and returns the word profit if this figure is greater than zero and loss if it is equal or less than zero (this is for a mock exam and it says to use an IF statement - please help!!!!
 
Hi Dee!

=IF(A1>0,"Profit","Loss")

Because the condition is A1>0 the false return will cover <=0

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Norman Harker MVP (Excel)
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Dee said:
I have to add a row to the bottom of my worksheet which tests the
amount of profit made in each relevant column and returns the word
profit if this figure is greater than zero and loss if it is equal or
less than zero (this is for a mock exam and it says to use an IF
statement - please help!!!!
 
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