... with having enough cash on hand to cover daily operating needs. Students are asked to calculate a time series of quarterly liquidity and leverage ratios to illustrate the declining financial condition of the company. They are further challenged to weigh the benefits and drawbacks of raising equity versus...

... in a spreadsheet, or transmitted in any form or by any means-electronic, mechanical, photocopying, recording, or otherwise-without the permission of the Darden School Foundation. mortgage crisis financial crisis simulation risk analysis regression spreadsheet real estate risk shifting leverage...

...Robert F. Bruner; Casey S. Opitz Acting as management, students determine the effects of different degrees of leverage and review this company's current leverage in light of inherent industry risks and company goals. As shown in Exhibit 5 , the U.S. economy had just experienced its fourth...