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How do I resolve complex iteration problems in Excel?
I have a p&l account, a balance sheet and a cashflow, running down the page.
Bank interest in the P&L is calculated with reference to the average cash balances in the balance sheet, and cash balnces are determined by the cash flow. Dividends are paid, depending on profitability and cash balances. Unfortunately, the spreadsheet iterates, so instead of trending towards the right answere through iteration - the "calculation" tab on the tools/options sheet is crossed - it gives a wrong answer. Is there any way I can reorder my workings, or any changes I can make to prevent this. Many thanks |
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