Short-Term Debt ➝ The short-term portion of Apple’s long-term debt is consolidated into one combined line item since the mechanics of the debt schedule roll-forward are the same. However, that does not mean all remotely similar line items should be combined, as seen in the case of Ap...
Sector,international, anddividend ETFstend to have higher absolute tracking errors; broad-based equity andbond ETFstend to have lower ones.Management expense ratios(MER) are the most prominent cause of tracking error and there tends to be a direct correlation between the size of the MER and trac...
including gold, silver, U.S. Treasury bonds, energy, and weather-related and other events. In 2007, the CME Group merged with the CBOT, adding interest rates and equity index products.9The same year, the New York Board of Trade merged withIntercontinental Exchange(ICE), forming ...
Enterprise Value Calculation: The sum of the discounted FCFs and the discounted terminal value equals the enterprise value (TEV) of the company. Enterprise Value → Equity Value: To move from the enterprise value to the equity value, net debt and any non-equity claims must be subtracted. DCF...
(a) Any and all claims, demands, causes of action, damages, costs, expenses, losses or liabilities, in law or in equity, of every kind and nature whatsoever, for, but not limited to, injury to or death of any person including Casitas and/or Concessionaire, or any directors, office...
In order to provide value and attain the stated exit plan it is critical that the business grow as described in this document, stay focused on the businesses model and successfully set up the business so that the equity holders are rewarded for their investment should an acquisition occur. ...
for a price agreed upon today. Onlywhen the contracts expirewould physical delivery of the commodity or other asset take place, and often traders willroll overor close out their contracts to avoid making or taking delivery altogether. Forwards and futures are generically the same, except that fo...