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