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That would depend on the formula. Zero as a result of a formula could be as a result of a calculation. On other occasions zero might be returned as a default value or when no other result is appropriate. You would really need to have details of the formula and the cells and values it references to know what it may mean in a certain context. Zero could also be a value used within a formula. Again it would depend on the context. Zero is often used in a function as an argument. The specific reason would be different in different functions.

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Q: What does 0 mean in a Excel formula?
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