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META Lesson 2: Accounting Inconsistencies and Consequences

Musings on Markets

Accounting 101 I am not an accountant, and have no desire to be one, but I have used their output (accounting statements) as raw material in valuation and corporate finance. Capital expenses are expenses that provide benefits over many years. For a manufacturing company, these can take the form of plant and equipment.

Finance 74
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Weighted Average Cost of Capital Explained – Formula and Meaning

Valutico

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. What is the Weighted Average Cost of Capital (WACC)?

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Weighted Average Cost of Capital Explained – Formula and Meaning

Valutico

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. What is the Weighted Average Cost of Capital (WACC)?

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Weighted Average Cost of Capital Explained – Formula and Meaning

Valutico

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. What is the Weighted Average Cost of Capital (WACC)?

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Modeling Managers as EPS Maximizers

Reynolds Holding

We propose a theory of corporate finance based on the idea that firm managers maximize EPS: the difference between net operating profits and interest expense divided by total shares outstanding. We can broadly classify firms’ corporate behaviors into two categories: growth and value firms. Corporate finance.

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Oil & Gas Investment Banking: The First Victim of the ESG Cult?

Brian DeChesare

Oil & gas is very dependent on debt and equity financing, so the bulge brackets have a distinct advantage over smaller/independent firms here. If you want to stay in energy, pretty much anything is open to you: private equity, hedge funds, corporate development, corporate finance, etc.

Banking 82