For the year just ended, you have gathered the following information on the Holly Corporation: A $200 dividend was paid. Accounts payable increased by $500. Fixed asset purchases were $900. Inventories increased by $625. Long-term debt decreased by $1,200. Label each item as a source or use of cash and describe its effect on the firm’s cash balance.

What is private equity investing? who participates in it and why? how is palamon positioned in the industry? how does private equity investing compare with public market investing? what are the similarities and differences between the two? why is palamon interested in teamsystem? does it fit with palamon’s investment strategy? how much is 51% of teamsystem’s common equity worth? use both a discounted cash flow and a multiple-based valuation to justify your recommendation. what complexities do cross-border deals introduce? what are the specific risks of this deal? what should louis elson recommend to his partners? is it a go or not? if it is a go, what nonprice terms are important? if it’s not a go, what counterproposal would you make?