Just nest another function or arithmetic equation in the value_if_true andor value_if_false arguments of IF. The outlook of Excel will depend on your version. This will let you see the actual values behind cell references.
As such operations within formulas are processed in this order.
Enter the data in your worksheet as shown in the image above. Click on a cell in Excel to show the formula in it such as the multiplication formula that evaluates to 125. To debug formulas in Excel select a formula part and press F9. For example if you type 105 in a cell the cell displays 2.