McDonald's Negative McEquity

A negative book value of equity is generally a bad sign as it often indicates a company has accumulated losses that have exceeded shareholde...

Corporate Projections

A question often asked by students is how to get projections for a particular company. One way is to listen to what the company itself says,...

The (Partial) Effects Of Tax Reform

With the U.S. corporate tax rate being among the highest among developed economies, there is discussion of corporate tax reform that would r...

PE Ratio Math

As we mentioned in the textbook, when you are examining ratios, it is important to not only learn if a ratio has changed, but why it has cha...