Revolving Credit vs. Line of Credit: Key Differences Explained
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Modeling a revolving line of credit is a crucial skill for an analyst. Additionally, it helps the analyst naturallybalance a balance sheet. Which of the below are features of building a revolving line of credit into a financialmodel?Select ALL that apply.It's a 'lender of last resort'Flexibility which can be used when necessaryDoes not result in a circular calculationIt can be borrowed, paid back and re-borrowed as needed
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