If a company has CapEx of 400,000 in one year, can you assume that they’ll have 400,000 of CapEx every year if they grow at the same rate year after year?
Sounds reasonable, though I would expect the vignette to be explicit on this point.
This is exactly the difference between Schweser and CFAI.
which one exactly are you saying is not explicit, I can’t tell honestly…lol
After doing the Schwesers second book I can’t tell either.