BlackGen
The year BlackGen was founded
When is 2019?
Revenue
Quantity x Price
Purpose of Income Statement?
Shows the financial performance of a company over time.
Rev- Expenses = Net Income
Compatibles?
Valuing a company based off similar companies.
Assets= ________+ Equity
Liabilities
The current number of chapters in BlackGen (as of 2022)
What is 6?
Cogs
Cost of Goods Sold in relation to Revenue.
Purpose of Cash Flow Statement?
Precedent Transactions?
Valuing a company based off previous transaction within the space.
Who uses accounting information?
public, govt., management, employees, lenders, suppliers, creditors, & investors
The founders of BlackGen Capital
Who are Ermias Tadesse and Cheick Camara?
OPEX
operational expenses
SG&A is an example
Purpose of Balance Sheet
See the Financial health of a company.
DCF?
Discount Cash Flow
what accounting standards do U.S. based companies follow?
GAAP: Generally accepted accounting principles
BCG UMICH co-presidents?
Chris and Rita
EBITDA
Earnings Before Interest Tax Depreciation and Amortization
LBO?
Leveraged Buyout
What are some common items under Assets on the Balance Sheet?
Accounts Receivables, Cash, PPE, Inventory, Prepaid Liabilities (Expenses)
Gross Margins
Revenue - COGS
What are some common items under Liabilities on the Balance Sheet?
Accounts Payable, Notes payable, Wages Payable, etc.