Investorscan get a senseof a company's financial well-being by using a number of ratios that can be derived from a balance sheet, including thedebt-to-equity ratioand theacid-test ratio, along with many others. The income statement and statement of cash flows also provide valuable context f...
The percentage of completion method of accounting requires the reporting of revenues and expenses on a period-by-period basis, as determined by the percentage of the contract that has been fulfilled. Thecurrent incomeand expenses are compared with the total estimated costs to determine thetax liabil...
QE4 was the fourth round ofquantitative easingestablished by the Federal Reserve. The program began in January 2013 and ended in October 2014.1Through QE4, the Fed bought long-term U.S. Treasury notes using credit it created. The Fed used its Trading Desk at the New York Federal Reserve Bank...
Existingmethodsproposetovalueinternallygeneratedgoodwillasthepresentvalueof abnormalearnings(e.g.,residualincomemodels)ortomeasureitindirectlythroughthe excessoftheenterprisevalueoverthefairvalueofassetsinabusinesscombination.The criticaldrawbackoftheseapproachesisthattheydonotexplainhowthegoodwilliscreated. Inother...
eliminated, along with the net after tax income of approximately $2,000. The new total net income after tax is now $98,000, and that amount divided by $850,000 (total assets) results in a new ROA of 11.5%.By eliminating our excess cash, our ROA is 1.5% higher, an increase of 15...
of China,the whole process could be divided into two separate stages.Division results show that a step change in the both two are presented,and the latter one has strong explanatory power on the former.It could be summarized that the evolution of China's regional economic policy changes has ...
Heat energy storage is already a proven technology in use at solar concentrating thermal power stations in Spain for example. These stations concentrate more solar energy than they need for daylight hours power generation. The excess energy is stored in tanks with molten salt and rock...
DCM bankers must also have their fingers on the pulse of the fixed income market. The overall macro environment is very important to consider in the pricing of debt deals since the market interest rate serves as a benchmark for debt instruments. Additionally, DCM bankers must be intimately awar...