Specific LBO questions - urgent

Hi,

I've been hoping to get answers to some specific LBO questions I have - I have an imterview in a day and have been trouble finding answers to these. If someone can help answer them, I would be very grateful (and hopefully the ans would be helpful for others too):

  1. If we assume it is Sept09 but the closing of the deal is at YE09, would you take the income statement items in the latest 10Q and annualize? Aren't there a lot of issues with getting precise numbers? Would you just use Balance sheet numbers from 10Q?

  2. Does the capex in calculating cash flow for debt service in an LBO only include maintenance capex or also growth capex?

  3. If D&A is embedded within the income statement in COGs, SG&A, how would you flow projections that you make into the income statement in an LBO?

  4. Do you always use effective tax rate in an LBO, or just somethingl ike 40%?

  5. Is cash-on-cash multiple the same thing as Multiple on invested capital?

  6. In an LBO, would you just assume no cash flows from asset sales, etc. in the investing cash flows (for simplicity's sake?) even though prior years had asset sales, etc?

  7. Do you only have additions to intangibles in selling assets?

I would appreciate any help on any of these qusetions - thank you.

 
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