Interest expense is tax deductible EBIT Efficient capital markets High Financial sponsor wants out Financial Undervalued business Modigliani & Miller Dividend payments Increase Synergies Align budget with stratgy Capital needes Investment Reduce competition Expansion to new markets (horizontal) Interest payments Keep performance metrics No SEC registration for Bonds Low Levered Decrease No succession plan No tax benefit to debt Financial distress Shareholder Value of Firm Operating Supply chain efficiencies (vertical) Determine capital needs Investors borrow/ lend at same terms as firm Cash Flow Underperforming mgt team All equity Unlevered Interest expense is tax deductible EBIT Efficient capital markets High Financial sponsor wants out Financial Undervalued business Modigliani & Miller Dividend payments Increase Synergies Align budget with stratgy Capital needes Investment Reduce competition Expansion to new markets (horizontal) Interest payments Keep performance metrics No SEC registration for Bonds Low Levered Decrease No succession plan No tax benefit to debt Financial distress Shareholder Value of Firm Operating Supply chain efficiencies (vertical) Determine capital needs Investors borrow/ lend at same terms as firm Cash Flow Underperforming mgt team All equity Unlevered
(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.
Interest expense is tax deductible
EBIT
Efficient capital markets
High
Financial sponsor wants out
Financial
Undervalued business
Modigliani & Miller
Dividend payments
Increase
Synergies
Align budget with stratgy
Capital needes
Investment
Reduce competition
Expansion to new markets
(horizontal)
Interest payments
Keep performance metrics
No SEC registration for Bonds
Low
Levered
Decrease
No succession plan
No tax benefit to debt
Financial distress
Shareholder Value of Firm
Operating
Supply chain efficiencies
(vertical)
Determine capital needs
Investors borrow/ lend at same terms as firm
Cash Flow
Underperforming mgt team
All equity
Unlevered