Wall Street preparation
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What is generally not considered to be a pre-tax non-recurring (unusual or infrequent) item? - Extraordinary gains/losses The final component of an earnings projection model is calculating interest expense. the calculation may create a circular reference because - interest expense affects net income, which affects FCF, which affects the amount of debt a company pays down, which, in turn affects the interest expense, hence the circular reference What is false about depreciation and amortizati...
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What is generally not considered to be a pre-tax non-recurring (unusual or infrequent) item? - Extraordinary gains/losses The final component of an earnings projection model is calculating interest expense. the calculation may create a circular reference because - interest expense affects net income, which affects FCF, which affects the amount of debt a company pays down, which, in turn affects the interest expense, hence the circular reference What is false about depreciation and amortizati...