What is enterprise value? What are some of the things you would look at when assessing capital structure? If you are a CFO, which business units would you cut? What happens in Y0 and Y1 to all financial statements when on Y0 you issue 100 debt with 10% interest and 40% tax rate. In which cases is EV greater than market value? If your client had a wildfire, would you expect revenues to increase or decrease? How would you project that change in revenue?