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The answer should be the $1000...$1000 today is worth more than $1000 ten months from now or $100 every month for 10 months due to the time value of money. Less
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Money loses value over time...
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I think it depends largely on the market. 1000 dollars a couple years ago if put into the right fund would be nice now. With how long the market has been expanding It would be a tough choice now. Additionally, they might be checking personality on this. Do you want your money now, or do you like something steady even if the value depreciates over time? Less
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Cuz its boring as hell!
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How do you even get an interview with a C in accounting?
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They will come with all questions as in the areas you are so lacking
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Credit side
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It is a source of Fund, comes under Owner's fund
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There are two types of balance sheet. 1) Acount form 2) Report form In account form Assets are on left side that is debit side. Liabilities and equity are on credit side that is right hand side. In report form everything is under one vertical line that is first is assets then followed by liabilities and owner's equity. Less
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1. Yes on the terrace. 2. Conver pennies into Dollers on better brokerage and get it fit into a bag. Now you can more money fit at any floor. Less
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The Empire state building is approximately 1200 ft. I'm guessing there are 100 floors. This means 12 ft of single stack pennies per floor. 100 of them. I think we can fit 100 stacks of pennies on any floor in New York City. Less
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Yes. 1) break coins into stacks in relation to each window/floor (gives height of floor) 2) highly likely sum of stacks is less than the square of the floor height I'm sure there's another way to answer this as per Vault, though I like to come up with diff answers instead. Less
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100% Average will be just under 2
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so it should be 0% not 100%. )
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why
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It depends, a low P/E ratio means the company being acquired has a higher yield. If the yield is higher than the acquirer's weighted cost of the purchase, the deal will be accretive and vice versa. Less
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Accretive
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1. DCF 2. Precedent transaction (mult) 3. Publicly traded comparables (mult)
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Asset Approach - used to estimate enterprise and equity value. Start with the balance sheet, Identify unrecorded assets and liabilities. Market Approach - how these pricing multiples are determined. Income Approach - Net operating income (I) ÷capitalization rate (R) = value (V) Less
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1: Total Net Worth 2: Earning potential 3: Number of employee
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1L=1000ml=1m3=100cm*100cm*100cm 100cm
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10 cm .. coz a cube of 10 cm Each is a 1000cm3 or 1 ltr
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1 liter of water is equal to 1000 cubic centimeters, so you need a base*height that equals 1000 cubic centimeters. Since water will fill the entire bottom of the cube first we know the base is the two sides times each other (100*100). This equals 10,000 so the height must be 0.1 centimeters to give a total of 1000 cubic centimeters. Less
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Sorry, confused my answer a little. You add back the minority interest just like you add back preferred shares because it is essentially a form of equity financing and since its consolidated, the owner of the company in question will have to compensate the minority interest for their equity investment. Less
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To find the complete value of the company. Even though the income has an already adjusted amount (adjusted to the percentage of the majority interest) you must still see the complete value. Less
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There are three ways to account for an investment in a company. The first (if less than 20% ownership I think) is a a straight investment and gets recorded as an asset in short term investments on the balance sheet. The second (20-50%) is the equity method meaning the company includes just their share of earnings (essentially their equity) in the P&L. The final (50+% ownership) is the consolidation method meaning the company controls the subsidiary and so needs to consolidate its earnings. However, if it doesn't own 100%, then they cant claim 100% of earnings. This is accounted for by subtracting out minority interest on the P&L. That takes care of earnings but enterprise value is not based on earnings, its based on balance sheet metrics. So since the company doesnt own the entire company but has consolidated the entire sub on its balance sheet, minority interest needs to be removed from the value of the company. Less