IF
Basic Overview
Description | Checks if the condition is true and uses the first value of the condition for every row (value_if_true). If the condition is false the second value of the condition (value_if_false) is used for every row. |
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Signature | IF(condition[, value_if_true[, value_if_false]]) |
Parameters |
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Example
Dividends Pay-Out
With earnings, we pay out 50% of our net income to shareholders. Simple If formula with greater than logical function solves the task.
Dividend Payouts / Net Income
Value |
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50% |
Net Income
Year | Value |
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2016 | -30 |
2017 | 20 |
2018 | -10 |
2019 | 0 |
2020 | 100 |
Dividend Paid= IF( 'Net Income' > 0, 'Net Income' * 'Dividend Payouts / Net Income', 0)
Year | Value |
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2016 | 0 |
2017 | 10 |
2018 | 0 |
2019 | 0 |
2020 | 50 |