Cash on balance sheet: No need to access capital markets for financing,the only cost is the opportunity cost of the cash. Debt: Interest expense is after-tax, so there is a tax shield here. Also,debt holders have higher priority on assets in case of a bankruptcy, sothey have less risk. Stock: Issuin...

How does your revenue model work, what are your growth drivers for revenue and how does revenue growth look going forward? What are your gross margins and do you expect improvement? How is SG&A driven (eg % change vs. % of sales) and how does that look going forward Who are your competitors and ...

Make transaction assumptions: consideration (cash, debt, or equity),transaction fees, synergies, etc. 1. Combine income statements of the acquirer and target2. Adjust income statement and shares outstanding accordingly tofinancing terms • Add synergies • Adjust for additional expenses (transacti...