fall 2019 #23 leverage

mandatory_coveragesmandatory_coverages
in MSA.Ratios

why are we subtracting 80000 to calc NWP? doesnt direct + assumed imply its net?

Comments

  • Staff-T1Staff-T1

    NWP = DWP + AWP - CWP.
    GWP = DWP + AWP

    Hope that makes things clearer

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