.
-
Trending Content - Investment Banking Forum
| +461 | Don’t work at UBS - UBS Sucks | 47 | 16h |
| +227 | Should My Intern Get a Return Offer? | 58 | 1d |
| +66 | Getting Laid in IB? | 28 | 2d |
| +65 | Intern keeps sleeping at work - what to tell them | 28 | 37m |
| +60 | Incompetent and annoying co-intern | 21 | 11h |
| +51 | Living in greenwich as an analyst? | 9 | 1d |
| +37 | NYC Associate Budget | 14 | 1h |
| +35 | Nauseous every morning for past 3 years in IB, anyone else? | 21 | 22h |
| +35 | Quick Thoughts on CVC AI Sale Process | 7 | 3h |
| +29 | Going out / social schedule as AN1 | 14 | 2d |
Career Resources
Couldnt you have at least waited more than 1 day before stealing that joke?
Could have, but I have no other choice because I’m in the middle of a modelling test for a small pe firm and they’ve given me time until tomorrow morning. They gave me a case for one of the casinos they bought and asked me to do a DCF on that. I did but am probably way off on the capex for a casino. I used historical average and the average for that over a 5 yr period is -6%. Which I don’t know if that’s good or bad for a casino and over 15 years is about 48%. What do you think of the case? Thank you in advance.
..
well capex is one of two things:
1) maintenance
2) growth / new development etc
1st one you can probabaly get from past financial statements, 2nd one you can assume 0 (unless youre assuming casino is building new XYZ which results in ABC new revenue etc).
Depreciation methodology should be in financial statements too. could be straight line or reducing balance. so just do it on the opening balance + any new maintenance capex.
Iste vel expedita et necessitatibus at assumenda nemo. Quod reprehenderit et sit vel quaerat dignissimos. Est sunt ab et molestiae.
Corrupti aut repellendus eveniet accusantium dolor impedit et. Vel dignissimos omnis voluptatibus incidunt. Accusamus reprehenderit voluptas animi sit voluptatem. Dolorem nemo aspernatur aut iste minima.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...