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How is it calculated on a public company's statement?
I know its :
(year 1 current assets- year 1 current liabilities)
-
(year 2 current assets- year 2 current liabilities)
However the number is always different.
Lets take Visa for example:
(using google finance)
For the fiscal year ending...
What is the usual process for dealing with the cash from daily sales? Do retailers usually have an employee deposit the cash at the bank every day after closing itme?
The internal rate of return is usually defined as the expected rate of return on a project. So for example with an irr of 17%, and a discount rate of 10%, you approve the project because the irr is greater.
What confuses me is it also defined as the breakeven point (NPV = 0)?? Doesn't that...