This one isn’t so straight forward but it helps me for remembering who pays the tax burden in perfectly inelastic/elastic markets: SSI - Sellers, Supply, Inelastic Perfectly Inelastic Supply - Sellers Pay Tax (the rest are just reversed for everything else so you can figure it out if you know one): Perfectly Elastic Supply - Buyers Pay Tax Perfectly Elastic Demand - Sellers Pay Tax Perfeclt Inelastic Demand - Buyers Pay Tax
Came to know recently from this forum only… worth noting Stock splits do not change the capital structure of the company, so no change to market cap or equity, etc. Therefore, weighted average number of shares outstanding will be equal to total number of shares outstanding after split happened with effect from start of year irrespective of when split happened.
Skewed distributions… Positive (right) skew Mean > Median > Mode This is all you need to remember because for the negative (left) skew, you just switch the signs… Negative (left) skew Mean < Median < Mode or…remember the order of the 3 M’s (Mean, Median, Mode) and remember right skew means arrow goes to the right, hence “–>” and so on… and to remember the order of the M’s…Median (= middle) so it’ll always be in the middle and “me” comes before “mo” in alphabetic order… gluck
Cash Conversion Cycle (CCC) --> 3 words include 3 variables = days of receivables + days of inventory – days of payables Operating Cycle (OC) --> 2 words include 2 variables = days of receivables + days of inventory
Monetary policy can’t change potential GDP. Expected future income, inflation, or profits all increase the demand for money (less saving) The labor market, available capital, and technology are the main factors in potential GDP. Consumer price index overestimates inflation by ~1%. Chi square test is used for single variance confidence tests. F test for variances of two distributions.
Covered Call (Buying underlying assets and Sell calls) Value at Expiration (Vt) = St - max (0,St - X) Profit = Vt - So + Co Max Profit = X - So + Co Max Loss = So - Co Break Even Price (St) = So - Co Protective Put (Buying underlying assets and Buy Put) Value at Expiration (Vt) = St + max (0, X - St) Profit = Vt - So - Po Max Profit = infinity Max Loss = So + Po - X Break Even Price (St) = So + Po
I don’t quite get this…can someone xplain?
LISt FBS ------------------ LISt - Lifo Income Statement FBS - Fifo Balance sheet When asked, just write List down L-IS t, then by process of elimination, F has to go with BS, like F-the BS . . haha or FIFO / Balance Sheet.