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