Here's a code I came up with. It works pretty good. The downside of this code is that the formula gets replaced with a value. I'd like the formula to stay intact

Private Sub CommandButton1_Click()

If Range("Z1") = "" Then

    For Each Cell In Range("A1:E4")
    
        Cell.Value = Cell.Value / 40
        
        Next Cell
        
        Range("Z1") = "Test"
        
        Else
        
        For Each Cell In Range("A1:E4")
        
        Cell.Value = Cell.Value * 40
        
        Next Cell
        
        Range("Z1") = ""
        
        End If


End Sub