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Figure 1 shows the stock market''s waves from 1693 to the present. The circled Roman numerals denote waves of Grand Supercycle degree, the largest complete waves for which stock market data exist. Elliott wave forms tell you which stock market advances are part of a true bull market and which are bear market rallies.
The researchers wanted to figure out how these financial perks affected three things: how companies report their finances, how well they do in the stock market, and if they had to change their financial reports later on. ”
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The borrower would then sell the discounted $970 post note on the money market, also paying a discount to the post note purchaser of say $30, receiving $940 in cash. The insurance company would repay the money market investor’s post note of $970, yielding a $30 profit for both the insurance company and the investor.
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So profit as reported on the income statement is a product of the art of finance and any ratio based on those numbers will itself reflect all those estimates and assumptions,” he says. ” With ROE, you also need to remember that equity is the bookvalue on the balance sheet.
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