Revolving Debt: A Must-Have for Your Financial Toolbox

Hello Reader, It's Carolina here! This week, I'm focusing on the importance of having a revolving debt schedule in your financial model. It's crucial for managing your cash flow and ensuring liquidity. With the revolving debt calculation, one polemic topic comes to surface: Circular Reference. Sometimes, allowing circular references in your model is necessary to achieve the most accurate results. In these cases, using a circularity switch is the ideal solution to manage these references...