Please help with an IF statement including IFERROR

[justinr]

Hello, I would like for column C to continue doing what is it currently doing (=IFERROR(SUM(E3/(E3+F3)),"N/A")) unless column B equals the word Red.
If column B equals the word red, then I want column C to display the word Red, instead of doing the calculation or displaying N/A from an error.
Can you help me out?

[Sam Capricci]

Have you tried =if(b1="red","red",your formula)?