FIN 620 – Winfield Refuse Management, Inc. Case – Raising debt versus equity In choosing the “best” financing option for Winfield Refuse Management, Inc., consider the following:  Pros and cons of issuing debt versus equity – specific to Winfield Refu

FIN 620 – Winfield Refuse Management, Inc.  Case – Raising debt versus equity

In choosing the “best” financing option for Winfield Refuse Management, Inc.,
consider the following:
 Pros and cons of issuing debt versus equity – specific to Winfield Refuse
 Interpreting EBIT chart and how used in your decision making
 Annual cash outlays for each financing decision, especially annual cash
outlay in 2013 and 2030
 Risk and Return tradeoffs for bondholders versus stockholders – specific to
Winfield Refuse
 Impact of each financing decision on relevant financial ratios, impact to
control, corporate flexibility, increased risk
 Why your chosen financing option is the “best” for this company – how do
you address each director’s concerns