Posts by: Lucy R

Carrying value
Hi, in the example problem part 2, you say that the carrying value on April 1st is 10,075,000 and therefore the gain is $3,000. How did you get 10,075,000. From my understanding, the carrying value is the face value-amortization of discount, so I am unsure how to get the carrying value in this examp... Read More
Go to post added 7 years ago
Slide 257
On slide 257 the professor says that 8% of 300,000 is 12,000, which is why it is on the balance sheet. I believe that 8% of 300,000 is 24,000.
Go to post added 7 years ago
Coca-Cola's Cash Flow Statement vs. JPMC's Cash Flow Statement
The cash flow statements of the two companies are different. To make JPMC's cash flow statement, we looked at the balance sheet beginning value and balance sheet ending value and found the net change. In Coca Cola's cash flow statement it does not look like they did that. As a result I am having a h... Read More
Go to post added 7 years ago
Diluted earnings per share
I'm confused on why you added 1080 to net income in 2002 to get diluted EPS but didn't add anything to net income in 2003 to get diluted EPS. From my understanding, in Part 2, you said that the company had to pay $1080 worth of interest to the convertible subordinate shareholders if they did not con... Read More
Go to post added 7 years ago
Relevant Multiple Range slide 38
Hi, I understand that picking the relevant multiple range is subjective. On slide 38, the range for LTM EBITDA is 4.5x-50x and the LTM EPS multiple is 8x-9. Can you please explain your reasoning of why you choose those numbers? Like I said, I understand that it is a subjective process and that there... Read More
Go to post added 7 years ago
Total Debt
Why is there a total debt cell ($34,778) but then when we calculate the total debt/total capitalization, and the total debt/EBITDA the numerator is total debt + preferred stock + minority interest?
Go to post added 7 years ago
Shortcut #1
Hi, when I do alt = I do not get the sum shortcut. I think this is because I am using a mac. Do you know what command I am supposed to use instead?
Go to post added 7 years ago