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