CrazyCatDog
Joined 13 years ago
Joined 13 years ago
That’s what makes this one so good—lots of opportunities to extend or roll-back difficulty.
I’m stealing this to use for grad-student mock-interviews—thank you!
Google threw in the towel on wiring more new cities about mid-way through the SLC build, which makes need think perhaps the biggest obstacle to your thesis bearing fruit, is upfront infrastructure investments…
P.S. bring ski goggles—you’ll need them if the conditions are good, you won’t see without them if it’s a 400mph day—which is more and more common these days!
If it takes $100 one year to return $110, then the irr is 10%, because a 10% interest rate would cause you to owe $10 at the end of the first year, which is exactly equal to cash generated.
Irr usually takes average accounting income per year in the denominator e.g. $10 in our case, and divided by the investment size.
Note: an investment that yields $5 at the end of each of two years is more attractive than one that pays $10 at the end of two years. Both have average accounting income of $5 per year, and the IRR is the same for each investment!!!!!! NPV scores the first incessant higher than the later--yet another reason why irr is a bad metric
Npv/economic value added/etc. will yield one level per investment. And while you can sum these values for an aggregate, it’s not helpful to compare the npv of one investment for the other, because the fact that you have an NPV limits the risk of misinterpreting the investment as SCALEABLE. Some opportunities truly are finite, and cannot scale up—but if I were using irr to measure the value of selling my daughter painted Easter eggs, you’d think I have an investment of a lifetime—only to realize she has $35 stashed away, and is 10+ (hopefully 20+) years away from applying for credit!
Can be contacted via 90024ch at big G’s email service