Interview Question: walk me through an asset purchase made with 50% debt and 50% equity
walk me through an asset purchase made with 50% debt and 50% equity, with interest on debt of 9% and a useful life of 4 years for the asset. Run me through what happens to the statements on Day 1 and 1 month into the purchase. No taxes ?
Google or use the many interview guides. This is one of the most common questions out there.
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