Accounting
What are the 3 financial statements?
Balance Sheet
Income Statement
Statement of Cash Flows
What is the market cap formula?
# of shares oustanding * share price
What can you invest in other than stocks?
Crypto, real estate, commodities (gold, silver, oil)
What number Peruna is SMU on?
9th
What is the accounting equation?
Assets = Liabilities + Owners' Equity
What is the PE ratio?
Share price / earnings per share
Name 3 Investment Banking or Consulting companies.
IB: JP Morgan, Goldman Sachs, Morgan Stanley
Consulting: Bosting Consulting Group, McKinsey & Company, Bain & Company
What year was SMU established?
1911
What is accounts recievable?
Money that is owed for a service/good that has already been completed
What does EBITDA stand for?
Earnings Before Interest, Taxes, Depreciation, and Amortization
Who is the current Fed chair?
Jerome Powell
What school and mascot did Peruna kill?
Fordham Ram
What is unearned revenue? Where does it show up on the balance sheet?
Money recieved for a service/goog that has not been completed yet.
Liability
What is cheaper, debt or equity?
Debt is cheaper than equity because it is senior in the capital structure; debt holders will get paid first so the lenders’ expected returns are lower than those of equity investors (shareholders). Also, it is able to provide a tax shield since interest paid on debt is tax-deductible
What is the current 10-year Treasury rate?
3.33%
How many acres is SMU?
237