Is it possible to show fractions with decimals in Excel 2007

[jimb01]

This is involving 3 cells Exp: B17=5.5, E17=100. I need to show this as a fraction in cell E21 as 5.5/100 without being rounded up to 6. Is this possible? As a result of the many calculations it shows whether the testing is accepted or FAILED.
If it FAILED how can I show the word FAILED in red?

 

[GlennUK]

It may look like a fraction, but aren't you simply asking to concatenate cell B17 with "/" and cell E17 ? Like =B17&"/"&E17

As for your other query, you can use Conditional Formatting to apply formatting to cell if it contains a specific value, in this case FAILED.