C
Chunkey Pandey
Gurus - I am having trouble finding a formula that will allocate a number to
various buckets based on the seniority of these buckets. Let me exemplify:
I have operating cash flows of $200
Most senior bucket - 1 - Obligation A: $70
Second senior bucket - 2 - Obligation B: $180
Second senior bucket - 2 - Obiigation C: $60
So, the formula should allocate $200 by order of seniority -- allocating $70
to Obligation A since it is most senior. Then the remainder $130 (i.e $200 -
$70) should get allocated to second most senior. Since both Oblig B and C
are equally senior, remainder gets allocated to both equally or to the max of
the obligation. Which means that B will get $70 and C will get $60.
Any help is extremely appreciated. -- thanks
various buckets based on the seniority of these buckets. Let me exemplify:
I have operating cash flows of $200
Most senior bucket - 1 - Obligation A: $70
Second senior bucket - 2 - Obligation B: $180
Second senior bucket - 2 - Obiigation C: $60
So, the formula should allocate $200 by order of seniority -- allocating $70
to Obligation A since it is most senior. Then the remainder $130 (i.e $200 -
$70) should get allocated to second most senior. Since both Oblig B and C
are equally senior, remainder gets allocated to both equally or to the max of
the obligation. Which means that B will get $70 and C will get $60.
Any help is extremely appreciated. -- thanks