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