Using IsError instead of Circ switch
Does anyone use the =If(IsError(A1),0.01,A1) function instead of the usual circ switch on the interest expense/income lines in the Income Statement when building a model? How does actually work because with a circularity, there may not be an error....
no
A problem with this is that you could have an error (for any number of reasons) and not see it. Stick with the switch.
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