L2 Formula thread - No explanations required.

[CFAdreams]

if you are using this thread as your bible come test day, sabatoge or not, youre failing

 

[nyccfa2010]

CFAT = NOI - Debt Service - Taxable Payable
ERAT= selling price - selling cost - mortgage balance - taxes on sale

 

[nyccfa2010]

Justified D/Y : r-g / 1+g

 

[pepp]

Guys, stick to posting factual formulas and only point out incorrect ones.
Instrinic P/E = Tangible PE + Franchise PE
Tangible P/E = 1/r
Franchise P/E = Franchise factor + Growth factor
Franchise factor = (ROE - r) / r*ROE
Growth Fator = g/r-g
Justified leading pe = (1-b) / (r-g) = dividend payout ratio / (r-g)
Justified trailing PE = (1-b)(1+g) / (r-g)

 

[nyccfa2010]

GDP Market Prices - Indirect Taxes + Subsidies = GDP at Factor Prices
M-I+S

 

[kevincwang]

Net operating assets = Total assets - cash and investment
Net operating liability = Total liabilities - total debt

 

[pepp]

DOL (degree of operating leverage) = % delta EBIT / % Delta Sales
DFL (degree of financial leverage) = % delta EPS / % delta EBIT
DTL = DOL x DFL
Breakeven Q = Fixed cost / (Price - Variable cost)
DOL = Q (P-V) / Q (P-C) - F

 

[kevincwang]

Cash collections = revenue - increase in AR + increase in unearned revenue

 

[amrcd1]

where is the quant formulaaaaaaaaaaaas????????

 

[CFAdreams]

MSR/MSE = F-statistic

 

[kevincwang]

Tax retention rate = 1 - (dividends declared/operating income after tax)