Streak - Study guides, Class notes & Summaries

Breaking Into Wall Street Accounting Guide Question and answers already passed To appear on the Income Statement, an item must: - correct answer 1. Correspond 100% to the period shown(if a customer pays for a product in year 1 and we deliver it in year 2, we only record that revenue on the year 2 statement because that is when we fulfilled our performance obligation even though the customer has already given us cash) 2. Affect the business income available to common shareholders How does ...

BREAKING INTO WALL STREET BASIC QUESTIONS (Correctly Solved).

Walk me through the three financial statements - Accurate Answer"The 3 major financial statements are the income statement, balance sheet, and cash flow statement. The income statement gives the companies revenue and expenses, and goes down to net income, the final line on the statement. The balance sheet shows company's assets (resources) such as cash, inventory, and PP&E, as well as its liabilities, such ase debt and accounts payable, and shareholders equity. Assets must equal liabilities ...

Walk me through the 3 financial statements. - ️️"The 3 major financial statements are the Income Statement, Balance Sheet and Cash Flow Statement. The Income Statement gives the company's revenue and expenses, and goes down to Net Income, the final line on the statement. The Balance Sheet shows the company's Assets - its resources - such as Cash, Inventory and PP&E, as well as its Liabilities - such as Debt and Accounts Payable - and Shareholders' Equity. Assets must equal Liabilit...

Breaking Into Wall Street Basic Questions [Correct Answers 100% Verified] Latest|2024

You've never worked in finance before. How much do you know about what bankers actually do? (Ans- 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 such as Executive Summaries. Let's say...

LBO Model (Breaking Into Wall Street) EXAM 2024 UPDATE "Real-Life" LBO - ANSWER-Common example; mortgage on a house. a)Down payment -- investor equity b)Mortgage -- debt c)Mortgage interest payments -- Debt interest d) Mortgage repayments -- debt principal repayments e) Selling the house -- selling the company/taking it public What is an "ideal" candidate for an LBO? - ANSWER-1) Stable and predictable cash flows 2) low-risk businesses 3) low capex 4) opportunity for expense reductions to ...

BIOD 171 Portage Learning Final EXAM Questions and Answers 100%Correct/Exam 1-7 2023/2024 UpdatePortage Learning BIOD 171 Final EXAM Questions and Answers 100%Correct/Exam 1-7 2023/2024 Update True or False: A virus is considered a microorganism. False. Viruses are not living and as such are not considered microorganisms. Viruses can, however, be classified as microbes, a more general term that includes microorganisms and viruses. 1. What is the smallest biological unit of life? A cell. ...

Breaking into Wall Street 400 Guide Questions Answered (latest Update 2024)

Breaking into Wall Street 400 Guide (Accounting, DCF, LBO, Valuation, Merger Models (Accretion/Dilution), Enterprise/Equity Value) Questions With Complete Solutions