Dear guys, I need a help with coming up with an excel formula. I am using Excel 2010. So here is what I have:
I have 5 columns with the following headers - Company name, year, Total assets, Total debt, Total equity and many rows with observations.
I need to do the following for each year: Firms were defined as issuing (repurchasing)a security when the net amount issued (repurchased) divided by the book value of assets exceeded 5%. For example, a firm was defined as issuing equity when (equity issued-equityretired)/assets > 5%. Cases where firms issued (repurchased) both debt and equity in a given fiscal year are omitted.
I have all the data but don`t know how to do it. I tried with the countif, didnt work. The result has to be like this:
http://s22.postimg.org/59egcd21d/asd.jpg
Here is a link to the file:
https://docs.google.com/spreadsheets...it?usp=sharing
Please help!
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