If $r,m,n\in \mathbb N$ so that $r\le \min \{n,m\}$, then $$\binom{n+m}{r} = \binom{n}{0}.\binom{m}{r}+\binom{n}{1}.\binom{m}{r-1}+...+\binom{n}{r}.\binom{m}{0}.$$
If $\min \{n,m\} < r$, then how would you fix the formula? I would really appreciate your help. :)
No fix is needed, the formula is true no matter what size $r$ is compared to $n$ or $m$.
Note the binomial coefficient $\binom{n}{k}$ is $0$ if $n<k$. (There are zero $k$-subsets of $[n]$.)
In fact we can go even further. With the stipulation that $\binom{x}{k}:=x(x-1)\cdots/k!$ (with $k$ factors multiplied in the numerator), we can interpret $\binom{x}{k}$ as a polynomial in $x$. Then the equality becomes an identity in the polynomial ring $\Bbb Q[x]$. In particular we can then evaluate $n$ and $m$ not just at natural numbers, but at any elements of any chosen $\Bbb Q$-algebra. This generalization is known as the Chu-Vandermonde identity.