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Default If formula question


I am trying to create a formula using an if statemet. I would like t
put a W or an L in a certain cell. Of course for win or loss. I woul
then like another cell to do a calculation for the W result and if L i
in the cell I would like to do a different calculation. I have th
calculations all figured out. I just can't get the if statement t
recognize a W or an L.. Thanks in advance. This is probably an eas
one, I am just overlooking something

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