Plain vanilla companies - Study guides, Class notes & Summaries

CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ Larger ratio is better If (Rt) is higher than RFR, then it becomes Safety First Ratio Centra...

CFA Level 2 Exam 115 Questions with Answers 2023 FCFF (using EBITDA) - CORRECT ANSWER FCFF = EBIDTA(1-T) + DEP(T) - Finv - Winv Converting FIFO to LIFO COGS - CORRECT ANSWER FIFO COGS = LIFO COGS - (End LIFO Reserve - Beg LIFO reserve) Engle- Granger Test - CORRECT ANSWER Test whether 2 variables are cointegrated. Regress 1 data series against the other and check residuals for unit root. Steady State of Growth Formula - CORRECT ANSWER growth = Growth Rate TFP/1-(Labor cost in total...

What do bankers actually do? Bankers advise companies on transactions-- buying and selling other companies and raising capital. Bankers act as agents that connect a company with the appropriate buyer, seller, or investor. Day-to-day work includes creating presentations, financial analysis, and creating marketing materials such as executive summaries. Let's say I'm working on an IPO for a client. Can you describe briefly what I would do? 1. meet with the client and gather basic info. ...

Wall Street Prep Premium Exam 2023 Questions with 100% correct Answers Assets - Correct answer-resources a company uses to operate its business includes cash, A/R, PP&E Liabilities - Correct answer-represents the company's contractual obligations and includes A/P, debt, accrued expenses Shareholder's equity - Correct answer-is the residual the value of the business available to the owners (shareholders) after debts have been paid off Income statement - Correct answer-illustrates the p...

Assets - ANSWER-resources a company uses to operate its business includes cash, A/R, PP&E Liabilities - ANSWER-represents the company's contractual obligations and includes A/P, debt, accrued expenses Shareholder's equity - ANSWER-is the residual the value of the business available to the owners (shareholders) after debts have been paid off Income statement - ANSWER-illustrates the profitability of the company over a specified period of time broad sense: shows revenue-expens...

Wall Street Prep correctly answered latest 2023Assets resources a company uses to operate its business includes cash, A/R, PP&E Liabilities represents the company's contractual obligations and includes A/P, debt, accrued expenses Shareholder's equity is the residual the value of the business available to the owners (shareholders) after debts have been paid off Income statement illustrates the profitability of the company over a specified period of time broad s...

Wall Street Prep Exam With Verified Answers...

Assets resources a company uses to operate its business includes cash, A/R, PP&E Liabilities represents the company's contractual obligations and includes A/P, debt, accrued expenses Shareholder's equity is the residual the value of the business available to the owners (shareholders) after debts have been paid off Income statement illustrates the profitability of the company over a specified period of time broad sense: shows revenue-expenses Balance she...

CFA Level 1 Exam 1744 Questions with answers 2023 n Factorial - CORRECT ANSWER For a positive integer n, the product of the first n positive integers; 0 factorial equals 1 by definition. n factorial is written as n!. Accounting costs - CORRECT ANSWER Monetary value of economic resources used in performing an activity. These can be explicit, out-of-pocket, current payments, or an allocation of historical payments (depreciation) for resources. They do not include implicit opportunity cos...

BIWS 400 Questions with complete solution 2023You've never worked in finance before. How much do you know about what bankers actually do? I've done a lot of research on my own. Based on that, I know that bankers advise companies on transactions - buying and selling other companies, and raising capital. They are "agents" that connect a company with the appropriate buyer, seller, or investor. The day-to-day work involves creating presentations, financial analysis and marketing materials suc...