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Interest Received Part 2
Understand Interest Received
When to use
When constructing a basic Financial Model
- To calculate Interest Received the interest receivable rate, proportion into period of movement and the tax rate will need to be brought in from the assumptions tab
- The opening cash balance is taken from the Balance Sheet
- The non-interest cash movement is taken from the cash flow statement
- The formulas for interest receivable was discussed previously which is
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