Apart from EV (where we need to add mkt. value of preferred) is there any formula where we have to add it, or everywhere else when we speak about shareholders’ equity means common shareholders’ equity?
I suppose so. The only other place i know we add it to is FCFF, same as interest on debt just not tax deductible ofcourse.
WACC
Oh yeah, WACC, FCFF thanks for the input!