Chapter 3 Problem Solutions
Need to set up an income statement and work from the bottom up.
CASE: Debt Policy at UST, Inc. (Mark Mitchell) HBS Case number: 200-069, 2001
*All amounts are in millions
Q1: Why has UST adhered to a conservative debt policy in the past?
UST has been one of the most profitable companies i
Case Study 2
Executive Compensation at Talent Partners
Talent Partners (TP) provides services to advertisers and advertising agencies, and was the
largest paymaster for on-air commercial talent. It had been a joint venture, a closely owned
UVA-S-F-0811 version 2.0
This spreadsheet supports student analysis of the case, "An
Introduction to Debt Policy and Value" (UVA-F-0811 v. 2.0).
Note to Students: Fill up the blue boxes.
Copyright: Darden Graduate Business School Founda
Cephalon Case Analysis
Part 1 - Intro & background
Its April of 1997, and Cephalon is a relatively young biotechnology firm that was founded
approximately 10 years ago. Since its inception, Cephalon has had zero commercial sales
although they h