Ragrding Course Exam
Dear Professor Krastev
On the Course exam(Question 12), there is a typo in the Excel file Alpha.xlxs :
Shares outstanding should be 1,200,000 which is 120,000 in the excel file.
Also, In Question 15, if I am not mistaken it should be the same as the practice exam calculating the Adjusted EV, However, you did not take into account the 30% Trade Payables deductible.
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