Case: Winfield Refuse Management, Inc.: Raising Debt vs. Equity I. Case situation: Decision Proof: 1. First part: "..., it was Sheene's responsibility to lead the discussion on how to finance a major acquisition...reach a resolution this time." 2. Last part: "Board Discussion","However, there was decidedly less agreement on the matter of financing..." 3. The article is about background and arguments about whether to raising debt or equity. II. Options: Funding the acquisition
million annually. The cash dividends will be $7.5 million annually on additional stock. 2. How do you respond to each director’s assessment of the financing decision? The following assessments were given during the last board meeting: • Andrea Winfield considered issuing bonds was not a good option for financing the acquisition. She was particularly concerned about the increasing long-term debt and annual cash layout of $ 6.25 million for 15 years. We believe that her concerns are justified, because
the Civil War, President Abraham Lincoln met with his generals to devise a strategy by which the rebellious states of the Confederacy could be brought back into the Union. General Winfield Scott, commanding general of the Union army, proposed a plan of battle that became known as the Anaconda Plan. General Winfield Scott, commanding general of the Union Army From the Collections of The Mariners' Museum General Scott, a native Virginian, believed that the majority of Southerners desired a complete
The leadership styles of General Robert E. Lee and General Grant during the Civil War. Ulysses S. Grant was not as well known at the start of the Civil War as Robert E. Lee but proved to be just as valuable during the war. As a soldier, Grant believed, “When in doubt, fight.” And he did fight. He won fame for demanding unconditional (complete) surrender from the Southern commanders he was fighting. In fact, people in the North began saying Grant’s initials, “U.S.,” stood for “Unconditional Surrender
Lee and Grant would both serve under General Winfield Scott, a man whom they both admired, during his campaign to Mexico City. General Scott saw greatness in Lee and stated his “…success in Mexico was largely due to the skill, valor, and undaunted energy of Robert E. Lee.”15 Scott was also heard commenting
Lincoln and His Generals by T. Harry Williams Harry T. Williams was born on May 19, 1909. When in college, he was encouraged by a professor to study history. This professor's main interest was the Civil War era and had a great effect on Williams. He attended Platteville State Teachers College (later Wisconsin State University at Platteville) where he received a B.Ed in 1931. Williams continued education into graduate school was mainly due to the lack of work during the Great Depression. He went
Robert E. Lee was a general for the Confederates during the American Civil War, who led the Army of Northern Virginia from June 1862, till the end of the war. Robert is a descended from the first families to set foot on Virginia soil. Robert E. Lee was a successful general even before the American Civil War. One of the best at the time in United States Army. Robert E. Lee was born in Virginia in Westmoreland County. He was the youngest in his family. His father was Henry Lee III and Ann Hill Carter
Lincoln valued this idea and wanted Lowe to brief the War Department. However, the War Department was not receptive. In particular, General Winfield Scott could not understand how this idea would change strategy. General Scott believed it would hinder current operations and waste time. Jarrow (2010) alludes to Lincoln’s frustration and disappointment when Lowe returned with this information
Abstract Winfield Scott was a true American hero. Serving in 3 wars and numerous other battles and conflicts, he left a legacy that was talked about for over 5 decades. He served in the War of 1812, the Mexican War, and the Civil War. He began his military career and advanced quickly in the ranks. He was a formidable leader and very studious in military tactics. A big man, he stood at 61/2 feet tall, and demanded respect both when in uniform and without. He was referred to as "Old Fuss and
1. Describe the different approaches to waging war of Grant and McClellan, utilizing Grant's campaign in the West and McClellan's maneuvers in Virginia. During the American Civil War, leadership within the Union’s army was constantly an issue. Within the Union, various generals were found at times to be at odds with the political leaders in Washington. This was especially evident in the relationship between General George McClellan and President Lincoln. This tension was the result of McClellan’s