Ayodele Lucia
Last answered:

21 Mar 2023

 Posted on:

14 Mar 2023
0

Interest expenses

in Building a 3-Statement Model in Excel / Building a Financial Liabilities Schedule

Formula for interest expenses= residual debt* interest rate so why did we use this instead ending debt*interest rate

4 answers ( 0 marked as helpful)
Antoniya Baltova
Instructor
Posted on:

15 Mar 2023
0

Hello, 


you can safely assume that residual debt and ending debt balance are the same thing.


You then multiply it by the relevant interest rate to get the periodic interest expense. 


I hope this answers your question. 


Best, 

The 365 Team

Ayodele Lucia
Posted on:

16 Mar 2023
0

Noted thanks

How do i get my bonus

Maria Bashir
Posted on:

20 Mar 2023
0

How do i can get my bonus?


Antoniya Baltova
Instructor
Posted on:

21 Mar 2023
0

Hi, 


the bonus lectures are added at the end of the course. 


You can also refer to our Resource section and examine the Excel templates attached there. 


Best, 

The 365 Team

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