Acova Case EM The purpose of this executive memo is to evaluate the justification to invest in a potential LBO candidate‚ Acova Radiateurs‚ and estimate the possible bidding price‚ keeping the minimum annual return required by Baring Capital’s investors at 30%-35%. 1. Justification of the Potential Transaction We evaluate the prospects of Acova LBO transaction for Barings and come into a conclusion that Acova is a good potential LBO candidate is justified. a. Strong Cash Flow Generation
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Thoma Bravo – Citect Corporation (HBS 9-209-022) Study Questions 1. Do you think TB or Schneider would create more value as the owner of Citect? 2. TB would assume what risks if they are the winning bidder? 3. Should TB continue to bid on Citect and at what price? Are the expected ROIs and IRRs to TB sufficient at your revised bid amount? (* note: a detailed evaluation model will be constructed during the class session *) Study Questions 1. Is Newell just another conglomerate? How
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Exhibit 1 Selected Pinkerton’s Financial Data (in $millions) 1983 1984 1985 1986 1987 (E) Income From Services Cost of Services provided Gross Profit Operating Expenses Operating Profit Cash Accounts receivable‚ net Other current assets Total Current Assets Net property‚ plant‚ and equipment Total Assets Accounts payable Accrued expenses ad other current Liabilities Total Current Liabilities Exhibit 2 $ 296 265 32 16 16 4 49 53 11 64 0 29 $ 308 275 32 17 15 3 51 54 11 65 1 29
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Case: Land Securities Group (A): Choosing Cost or Fair Value on Adoption of IFRS Case Number: 9-105-014 Topic: Financial Reporting and Control Description: A U.K. real estate firm‚ required to adopt international accounting standards (IAS) by 2005‚ must change the reporting of its primary asset (investment property) from the revaluation model under U.K. GAAP to either the cost or fair-value model under IAS. This would have a number of effects on European investment property firms‚ including
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Activity 2.2.4: It’s All in the Reflexes Introduction Although we are all different and have our unique identity‚ there are times when we behave in exactly the same way. We blink if something is headed toward our eyes. We pull our hands away quickly if we touch something hot or sharp. The automatic response of a muscle to a stimulus is called a reflex. This action is controlled by the human nervous system and is considered an involuntary response – it happens without our even having to think
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Law Enforcement and prosecution based programs are not part of the HB 3476. They have prosecutorial obligations that would eliminate any confidential agreements. They have dual responsibilities to victims and offender accountability within the laws that regulate them. Confidentially protections apply to services‚ communication‚ and records made before‚ on‚ or after passage of HB 3476. The second part to HB 3476 is creates an evidentiary privilege‚ which is referred to as “advocate privilege” (CITE)
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1. Should Robert McMillan roll out Autograph nationally? Why or why not Dear Mr. McMillan‚ In this e-mail‚ I will expose my opinion about the question whether or not to expand the Autograph on the national level. Summarizing all the information provided‚ I came to a conclusion that we should not roll out Autograph nationally at this point of time. Such a strong opinion of mine is mainly based on the point that I don’t think Progressive will make profit from this system. It is a very
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TUCK CONSULTING CLUB CASE BOOK 2006-2007 Edition 1900 Disclaimer: This case book is a collection of contributions made by student members and friends of the Tuck Consulting Club. It does not represent the views or opinions of the Tuck Consulting Club or the Tuck School of Business at Dartmouth. © Tuck Consulting Club‚ 2006 – NOT FOR SALE – NOT FOR DISTRIBUTION – TUCK CONSULTING CLUB CASEBOOK TABLE OF CONTENTS I. INTRODUCTION .....................................................
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1 Why is the story of Phineas Gage considered so extraordinary? What does his story teach us about the brain? Phineas Gages’s story is so extra ordinary because a metal rod was impaled through his head and destroyed most of his frontal lobe. His story has taught us that different parts of the brain control different things and the part of his brain that got injured effects a person’s memory‚ personality‚ and emotion. 2 New research is using functional MRI (magnetic resonance imaging)‚ a scan of
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FINS5530 HBS Case Assignment Semester 2‚ 2013 Instructor: Lixiong Guo Readings: 1. Note on Bank Loans. 2. US Bank of Washington case. Assignment: Please prepare a Credit Proposal Memo similar to the one shown in Exhibit 1 of “Note on Bank Loans”. Given the limited information you have from the case‚ you are not expected to include all components of Exhibit 1. The following is a suggested structure of your report: Purpose of the credit extension o Keep this part short
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