M&A Bootcamp booklet - Flipbook - Page 14
Balance sheet of hypothetical target company (“T”)
Assets
Factory - cost basis
(fmv = $100 mill.)
Liabilities & Stockholders’ Equity
$80 mill.
Mortgage debt
$70 mill.
Stockholders’ equity - cost basis $10 mill.
(fmv = $30 mill.)
Total assets
$80 mill.
Total liabilities &
stockholders’ equity
$80 mill.