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Open the If Practice Data file from the shared drive. Using the sheets and data provided,
write the appropriate If Function for each problem.
No Scenario
1 P&K Industries has an inventory list of all the items they sell in their store. They need
an IF Function in Column H that will notify them when an item in stock falls below 50
pieces so they can re-order that item. They would like the column to read REORDER
if it falls below 50 and nothing if its over 50.
=if(f5<50, Reorder, )
2 Madison Community College has just completed a list of students in their Liberal Arts
Program. They would like to identify all students who have made the Deans List,
students who have a GPA of 3.67 or higher. Create an If Function in column E that will
identify students with a GPA of 3.67 or higher by returning a Deans List label,
otherwise leave it blank.
4 New Lock Corporation has compiled an employee list. They would like to identify all
employees who belong to the newly formed North Division. Return a label in column I
that will say New if they are a member of the North Division.
=if(h5=North,New, )
5 Arts & Crafts, Inc has an inventory list compiled. They would like to add a column in
their list in F that will calculate the total amount of inventory (quantity times selling
price) if it is over $50, then return BIG otherwise return SMALL.
=if(c5*e5>50,Big,Small)
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More If Function Practice Worksheet
Open the More If Practice Data file from the shared drive. Using the sheets and
data provided, write the appropriate If Function for each problem.
No Scenario
6 Micasa Real Estate Company pays their realtors commission based on the sale price of a home
and whether or not a buying agent is used. If a buying agent is used, the realtor splits a 3%
commission with the other agent, if no buying agent is used, the realtor earns all 3%.
Calculate the commission earned on each house.
IF Function:
=IF(G7="Y",3%*F7/2,3%*F7)
7 The US trades with many countries all over the world, The worksheet shows an example of the
exports and imports with other countries. The trade balance between countries has been
calculated. Write an If statement to determine whether we have a Deficit or Surplus with
each country. Display Deficit for all negative balances and Surplus for all positive balances.
IF Function:
=IF(D6>=0,"Surplus","Deficit")
8 Cellular sales is calculating raises for their employees. Theyve decided to give employees
that have worked for them less than 5 years a 2% raise, and those who have worked 5 years or
more a 5% raise. You need to calculate first, the number of years they have worked with the
company. Calculate their raise and then calculate their new salary.
IF Function:
=DAYS360(D6,$B$4)/365
=IF(F6>=5,E6*5%,E6*2%)
9 Kitchen King Stores has an aging report that they would like to calculate late fees for their
accounts that are unpaid. First calculate the days the invoices are unpaid, then calculate a
late fee as follows: 1% if its over 14 days, 3% if its over 30 days, 5% for over 90 days. Then
calculate the new balance owed.
Hint: =IF(D7>90,E7*5%,IF(D7>30,E7*3%,IF(D7>14,E7*1%,0)))
10 ABC Corporation gives a 15% annual bonus to each of their employees that have reached
$2500 in every quarter. They give a $500 bonus to employees that do not meet the $2500.
Write a formula that will calculate the bonus for each employee.
IF Function:
=IF(AND(C4>2500,D4>2500,E4>2500,F4>2500),G4*15%,500)
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