Levered Keep performance metrics No SEC registration for Bonds Interest expense is tax deductible Investors borrow/ lend at same terms as firm Undervalued business Investment Decrease Operating Reduce competition Financial Underperforming mgt team All equity EBIT Determine capital needs Align budget with stratgy No tax benefit to debt Dividend payments High Shareholder Value of Firm Financial sponsor wants out Cash Flow Capital needes Efficient capital markets Unlevered Financial distress Synergies Low No succession plan Supply chain efficiencies (vertical) Interest payments Expansion to new markets (horizontal) Modigliani & Miller Increase Levered Keep performance metrics No SEC registration for Bonds Interest expense is tax deductible Investors borrow/ lend at same terms as firm Undervalued business Investment Decrease Operating Reduce competition Financial Underperforming mgt team All equity EBIT Determine capital needs Align budget with stratgy No tax benefit to debt Dividend payments High Shareholder Value of Firm Financial sponsor wants out Cash Flow Capital needes Efficient capital markets Unlevered Financial distress Synergies Low No succession plan Supply chain efficiencies (vertical) Interest payments Expansion to new markets (horizontal) Modigliani & Miller Increase
(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.
Levered
Keep performance metrics
No SEC registration for Bonds
Interest expense is tax deductible
Investors borrow/ lend at same terms as firm
Undervalued business
Investment
Decrease
Operating
Reduce competition
Financial
Underperforming mgt team
All equity
EBIT
Determine capital needs
Align budget with stratgy
No tax benefit to debt
Dividend payments
High
Shareholder Value of Firm
Financial sponsor wants out
Cash Flow
Capital needes
Efficient capital markets
Unlevered
Financial distress
Synergies
Low
No succession plan
Supply chain efficiencies
(vertical)
Interest payments
Expansion to new markets
(horizontal)
Modigliani & Miller
Increase