Acme industries, inc. is a family business founded by wile

e. coyote. acme had $20 million in ebitda last year and no debt. businesses of this size are currently valued at 4.5x. mr. coyote wants to unlock some of his enterprise value by doing an equity recap. he wants to take out as much cash as possible while retaining 35% ownership in his company. the current credit markets will tolerate senior debt of 2.5x and 1.5x of mezzanine debt. the mezzanine lenders demand warrants that would represent a 5% equity stake. a private equity group called peg capital has agreed to do the deal.

Kevin comes across people from various cultures in his job.kevin should deal with people from other cultures with blank . he should communicate by actively

You have just been hired as a financial analyst for barrington industries. unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. so, your first job will be to recreate the firm's cash flow statement for the year just ended. the firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. it earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. throughout the year, the firm purchased $5.5 million of machinery that was needed for a new project. you have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $450,000; however, the purchase price for the machinery represents additions to property, plant, and equipment before depreciation. finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 6% interest rate. what was the firm's end- of-year cash balance? recreate the firm's cash flow statement to arrive at your answer

Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false