ModeldrillCash and revolver, fully linked
A financial modeling exercise from Modeldrill. Solve it with a live spreadsheet grid in your browser, with Fill right and Fill down, and it is checked the moment you submit.
The task
Now link the cash too. Each year starts with last year's closing cash, adds the cash flow, then draws on or repays the revolver to keep the minimum in B2. Fill rows 7 to 12 (the first opening cash and opening revolver are set).
What this exercise teaches
Cash sits at the minimum while the line is in use and only builds once the line is repaid in full. Because the draw depends on cash before revolver, not on interest, there is no circular reference.
A hint if you get stuck
Closing cash is cash before revolver plus the draw (a repayment is negative). Opening cash and opening revolver for 2027 onward point one column left at the closing rows.
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