Can someone fix this formula fast. Schweser has a tendency to skip - or + signs FCFE = Earnings per share (Capital Expenditures Depreciation)(1- Debt Ratio) Change in working capital (1 Debt Ratio)
FCFE = Earnings per share - (Capital Expenditures - Depreciation)*(1- Debt Ratio) - (Change in working capital) *(1 - Debt Ratio)
FCFE = NI - [(1 - DR) x (FcInv - Dep)] - [(1 - DR) x WcInv]
they only separate it because the first thing capital ex-depr is net capital expenditure right?
you know what, the video series, doesn’t go over this formula 