Posts by: Guest 1
Convert an annual model into a quarterly tracking model
Full Question: In my new job, where I follow the retail industry as a high-yield analyst, I have been told that I might want to prepare quarterly forecasts in order to gauge how a company is doing relative to my annual forecast. How do you suggest amending the forecast we prepared in class to prepa... Read More
Full Question: In my new job, where I follow the retail industry as a high-yield analyst, I have been told that I might want to prepare quarterly forecasts in order to gauge how a company is doing relative to my annual forecast. How do you suggest amending the forecast we prepared in class to prepa... Read More
DTL creation
Hi there,
Does anyone there can help me understanding why we have deferred tax liability (DTL) creation in M&A/purchase price allocation? What is the rationale to create DTLs in this circumstance?
I appreciate your help on this matter.
Cheers.
Hi there,
Does anyone there can help me understanding why we have deferred tax liability (DTL) creation in M&A/purchase price allocation? What is the rationale to create DTLs in this circumstance?
I appreciate your help on this matter.
Cheers.
Dividend decision before debt amortization
In the complex LBO model - the 3 statement build - which i assume is similar to you traditional 3-statement model: shouldn't you amortize or pay the mandatory debt payments before you make the dividend to the equity. In the 'real world' i know consistent dividends are sacred cows for CEO/CFO's ,but... Read More
In the complex LBO model - the 3 statement build - which i assume is similar to you traditional 3-statement model: shouldn't you amortize or pay the mandatory debt payments before you make the dividend to the equity. In the 'real world' i know consistent dividends are sacred cows for CEO/CFO's ,but... Read More
Re: M&A Cash Purchase Question
If the company is using cash from its balance sheet, then the accounting procedure would be simple in the M&A model by adjusting the cash with assets being purchased (depending upon which method of acquisition accounting is being used - equity method or consolidated method)....If the company is ... Read More
If the company is using cash from its balance sheet, then the accounting procedure would be simple in the M&A model by adjusting the cash with assets being purchased (depending upon which method of acquisition accounting is being used - equity method or consolidated method)....If the company is ... Read More
Forecasting working capital off future quarters' sales?
Full Question: When forecasting working capital levels on a quarterly basis, can I assume that the best approach, given the seasonality of retail stores, is to base my inventory/payables forecasts on that same quarter’s sales? Alternatively, would it be better to base my current quarter inventory... Read More
Full Question: When forecasting working capital levels on a quarterly basis, can I assume that the best approach, given the seasonality of retail stores, is to base my inventory/payables forecasts on that same quarter’s sales? Alternatively, would it be better to base my current quarter inventory... Read More
Complex Trading Comps Analysis: Additional TGT adjustments
Why didn't we consider an adjustment for the $7 million expense for amounts paid to retired executives to cash out of the frozen deferred compensation plan? This is detailed in note 27 of the 10-K and page 36 and may be viewed as a one-time inducement. It's material enough to change adjusted EPS... Read More
Why didn't we consider an adjustment for the $7 million expense for amounts paid to retired executives to cash out of the frozen deferred compensation plan? This is detailed in note 27 of the 10-K and page 36 and may be viewed as a one-time inducement. It's material enough to change adjusted EPS... Read More
Amortizing debt out month by month vs annually
Full Question:
Why don't you amortize the debt out, month-by-month, to get the estimated interest and principal paydown (as opposed to using a simple interest rate times the beginning or average balance)?
Full Question:
Why don't you amortize the debt out, month-by-month, to get the estimated interest and principal paydown (as opposed to using a simple interest rate times the beginning or average balance)?
Estimated Taxes
Hello: I am modeling out a company that has been experiencing NI losses (and pre-tax income losses) over the last few years and recently has started turning a profit. In attempting to figure out what taxes will be next quarter and for the full year, what is the best way to do this? I am not loo... Read More
Hello: I am modeling out a company that has been experiencing NI losses (and pre-tax income losses) over the last few years and recently has started turning a profit. In attempting to figure out what taxes will be next quarter and for the full year, what is the best way to do this? I am not loo... Read More
Re: Distressed Credit Overview - Valuation questions
Thanks. Further clarification on 1 (a) and (b): 1- So to clarify, the Green box can include secured and unsecured debt? What classifies a piece of debt in the Blue box (Senior Secured Debt) and not the Green Box (Senior Debt) – can you give an example please? Are securitizations excluded from ... Read More
Thanks. Further clarification on 1 (a) and (b): 1- So to clarify, the Green box can include secured and unsecured debt? What classifies a piece of debt in the Blue box (Senior Secured Debt) and not the Green Box (Senior Debt) – can you give an example please? Are securitizations excluded from ... Read More
In the final video of Package 3, Hamilton says that a discussion on "Growth Initiatives is coming up next". But there is no other video. Where do I find the discussion Growth Initiatives?