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Question:
What is gross profit?
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Answer:
Gross Profit = Revenue - Cost of Goods Sold (COGS)
Other
Accounting
Accounting
What are some of the major line items on the Income Statement?
Accounting
What are some of the major line items on the Balance Sheet?
Accounting
How do you calculate LTM (last twelve months) financials?
Accounting
Walk me through the three financial statements
Accounting
What is Operating Margin?
Accounting
Does Goodwill get amortized?
Accounting
Is it possible to have negative Shareholder's Equity? If so, how?
Accounting
What is working capital?
Accounting
What does it mean if a company has negative Working Capital?
Accounting
What is Goodwill Impairment?
Accounting
How do the 3 financial statements tie together?
Accounting
What is goodwill?
Accounting
What is the difference between deferred revenue and accounts receivable?
Accounting
What happens to the three financial statements if we use PIK interest?
Accounting
Why isn't the Income Statement affected by changes in Inventory?
Accounting
How does a company decide when to capitalize or expense a purchase?
Accounting
How do you calculate Free Cash Flow?
Accounting
What is the difference between goodwill and intangible assets?
Accounting
What's the difference between capital leases and operating leases?
Accounting
How does $10 of Depreciation affect the three financial statements?
Accounting
What flows into Retained Earnings?
Accounting
If depreciation is a non-cash expense, why does it affect the cash balance on the Cash Flow Statement?
Accounting
Where can you find Depreciation on the Income Statement?
Accounting
What is amortization?
Accounting
What are some examples of non-recurring charges that would be added back to a company's EBITDA?
Accounting
What are deferred tax assets and liabilities?
Accounting
What is gross margin?
Accounting
What are some ways that companies can manipulate their earnings?
Accounting
How is goodwill calculated?
Accounting
How does Inventory increasing by $10 affect the three financial statements?
Accounting
What is the relationship between CapEx and Depreciation?
Accounting
What are some of the major line items on the Cash Flow Statement?
Accounting
Walk me through how $10 of Depreciation affects the three financial statements
Accounting
A company makes a $100 cash purchase of equipment on Dec. 31. How does this impact the three statements this year and next year?
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