Question
True or False: The left side of the balance sheet covers the financing decision while the right side covers the investment decision. Finance majors tend
True or False: The left side of the balance sheet covers the financing decision while the right side covers the investment decision.
Finance majors tend to prefer the movie versus the book.
An annuity that pays out at the beginning of a period will have a higher PV than a regular annuity.
In an amortization table, the amount of money that goes to interest declines as more payments are made.
If all cash flows are the same, NPV must be used to calculate present value.
The fundamental accounting equation is assets = liabilities + equity.
If a firm has a TIE ratio of 123, shareholders should fire the management.
A firm with a higher gross margin than a peer, is likely to have pricing power.
If there is a difference between a firm's return on assets and return on equity, it is likely due to gross margin.
Operating income is the same thing as EBITDA.
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