I work in Corp Fin for one of the largest healthclubs (think Chap 11) and am working on a new club IRR analysis. The problem that I am having is whether or not to include non-cash rent in my analysis, and whether to have t=0 the first month non-cash appears. The problem I know is that IRR is a cash-based approach and non-cash rent is merely an accounting principle, not an exchange of cash. So do I include non-cash rent and if so, do I set the first non cash expense at t=0? Thanks in advance.
Trending Content - Investment Banking Forum
Career Resources
Voluptatem maiores ipsam impedit itaque officia ea. Autem amet voluptatem quam voluptatem ea quod culpa. Et facilis ab dolorem animi. Omnis hic est voluptatem.
Quod dolorem et culpa nesciunt. Et eaque iusto excepturi harum. Et autem quo eos nihil. Sit numquam ex amet quia. Quia nihil neque ipsam.
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...