OldReview Flashcards
(5 cards)
1
Q
NOPAT
A
EBIT(1-taxes)
where EBIT=net operating profit
2
Q
NOWC formula
A
NWC-surplus cash
3
Q
EBIT formula
A
rev-operating expenses
4
Q
WACC formula
A
debt-ratiocostofdebt(1-t)+equityratio*costofequity
5
Q
cost of equity
A
essential return investors expect to hold on to asset
