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Unformatted text preview: Bigger annuity better than a big interest rate Long term, short term, bank manager = what ratios they are interested in Pro-forma: how we create one/why we do it and how we do it RnF/Time Value/Ratios are very impt Common stock/retained earnings not in formula Positive RNF means you need more money, negative means you’re good Assets/sales (change in sales) – current liabilities/sales (change in sales) – profitmargin (sales + change in sales)(1-dividend payout ration) Profit margin & dividend payout ratio affect RNF...
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This note was uploaded on 06/15/2011 for the course KIN 356 taught by Professor Warner during the Fall '09 term at University of Texas.
- Fall '09