Hi Scott im currently in practice round 2 and your first two videos helped me win the first round :) If I maxed out my issues of common stock and long term debt, do I have to retire/buy back in the next round?
Short answer is no. Long term debt won't be owed until after round 8, so you are in the clear. However, issuance of current debt will be owed the round after. Also, through the rounds you will owe debts taken before the game started. Look at the finance tab and scroll all the way down and you can see the debt due dates.
the problem with this is that it messes up your equity balance and results in that 10% extra that has to be made up for. so, if the money you borrow makes more than 10%: it is worth it. if not, then do not.
How did you know Chester dropped out allowing you to gain more sales where did you check for that info because it's not apparent here unless i missed something.
Thank you so much...this is so helpful.
Hi Scott im currently in practice round 2 and your first two videos helped me win the first round :) If I maxed out my issues of common stock and long term debt, do I have to retire/buy back in the next round?
Short answer is no. Long term debt won't be owed until after round 8, so you are in the clear. However, issuance of current debt will be owed the round after. Also, through the rounds you will owe debts taken before the game started. Look at the finance tab and scroll all the way down and you can see the debt due dates.
the problem with this is that it messes up your equity balance and results in that 10% extra that has to be made up for. so, if the money you borrow makes more than 10%: it is worth it. if not, then do not.
my high end is over the 0 years and i have a error message saying it is over however you do not have that message.
We r in round 2
But no idea what to do???
How did you know Chester dropped out allowing you to gain more sales where did you check for that info because it's not apparent here unless i missed something.
When the next round starts, you can compare the products from last round to this round and try and spot the differences