Afirst-in, first-out (fifo) process cost system is used to account for the cost of producing a chemical compound. as part of production, material b is added when the goods are 80% complete. beginning work-in-process inventory for the current month was 20,000 units, 90% complete. during the month, 70,000 units were started in process, and 65,000 of these units were completed. there were no lost or spoiled units. if the ending inventory was 60% complete, the total equivalent units for material b for the month was

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?