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Reference Font color In Excell formula

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I would like to know if I can change the color of a number or text in an Excell worksheet cell based on a formula. Example "If cost > 150 Then font=Red" something like that. I can do formulas ok but I want to be able to change the color of the cell contents based on my formula results.

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by dklippert

As mentioned, conditional formatting is the way to go, but you can also use custom cell formatting.
In the Format>Cells choose custom and use something like [Red][>=150]General;General

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