Anthropologists would not waste their time studying popular culture. 

Giving a test to a group of students, the grades and gender are summarized below: If one student is chosen at random, find the probability that the student did not get a C. _______

A picture of a dog is an example of a symbol.

Which of the following are true about share repurchases?

Using Autozone’s 10-K, what is the company’s change in operating working capital (OWC) in the latest period? 

A company gives a greenshoe option to purchase its shares at a set price, 

Which of the following are examples of synergies? Closing of overlapping facilities Cost savings from headcount reductions Hiring a brand new marketing team Loss of sales due to overlapping customers

Based on the following assumptions, what the % premium paid by the buyer to acquirer the target? Target basic shares outstanding: 275.375 million Target options outstanding: 135.6 million Options weighted-average strike price: $13.80 Target share price (unaffected): $16.20 Offer price per share: $21.00 Buyer share price (pre-deal): $5.30 Express your answer as a percentage and round to the nearest tenth decimal place. For example, if your answer is 10.3%, then input “10.3”

Why are Alaska Air Group’s EV / EBITDA multiples lower than Spirit Airline’s EV / EBITDA multiples? Give at least two reasons supported by the data in the comps table below:

Assume: Aldi’s current stock price is $50 and it has 300M shares outstanding Assume that Woodman’s made an offer for Aldi in 2021.  Woodman’s stock at that time traded at $90 per share.   Woodman’s had130M shares outstanding, debt of $7,000M and excess cash of $500M. Aldi’s LTM EBITDA is$1,663M, and its forward EBITDA is $1,728M. Aldi’s forward (2018E) EPS is $4.54, and Woodman’s is $8.41 Assume the deal happened Dec 30,2021.  Synergies are expected to be $200M.  Both companies have a WACC of 8% and a cost of equity of 10%. Analysis of precedent transactions shows that the median transaction EV/LTM EBITDA multiple for similar deals has been 12.5x.  If Woodman’s acquisition of Aldi resulted in an acquisition multiple  EV/LTM EBITDA multiple of 12.5x, how much of a premium (in percent) is Woodman’s paying per share of Aldi?  Enter answer to one decimal place.  So if you think answer is 12.24% then type “12.2”