Find an example of a successful public-private-nonprofit partnership. What has made this partnership successful? What did the different parties do to structure the partnership to help it be successful? What could future partnerships learn from the one you selected? (Discussion Question 1) 150 words 1 referenceHow can you determine when a partnership is necessary? Give an example of a public-private-nonprofit partnership that is necessary and one that is not necessary. Explain why one is necessary, while the other is not. (Discussion Question 2) 150 words 1 reference

This Professional Assignment (CLA2) requires a minimum of six (6) pages (excluding tables, graphs, appendices, title, and reference pages) APA formatted Word Document in response to the following questions. Your answers should be clear, well-organized, and specific. Provide a concise, cogent argument and include details to support your response. 1. What is a systematic liquidation of a venture? What are some of the advantages and disadvantages of a systematic liquidation?2. ACE Corp was formed five (5) years ago by the original founders and some venture capitalists (VC) with five million shares, three million held by the VCs priced at $2.50 per share and 2 million held by the founders priced at $0.50 per share. ACE estimates its free cash flows that will be available to the enterprise next year at $5,200,000. Since the venture is now in its maturity stage, ACE’s free cash flows are expected to continue to grow at a 6% annual compound growth rate in the future. A weighted average cost of capital (WACC) for the venture is estimated at 15%. Interest-bearing debt owed by ACE is $17.5 million. In addition, the venture also has surplus cash of $4 million. a. Based on the above information, estimate the current total value of ACE Corp. b. What would be the value of the ACE’s equity?c. How much of the value of ACE would belong to the VCs and how much to the founders? d. How much would be the per share value of ACE’s equity?e. What would be the percentage gain on VC’s investment f. What would be the percentage gain on founders’ investment ?g. What is the internal rate of return on the founders’ investment? h. What is the internal rate of return on the VC’s investment? 3. The GAMA firm is proposing to acquire the ACE Products venture described in item 2 above. GAMA estimates that ACE’s free cash flow for next year could be improved to $5.5 million because of synergistic benefits in the form of operating or distribution economies. The potential acquirer also believes that ACE’s perpetuity growth rate could be increased to 7 % annually. However, the riskiness of the cash flows would be increased causing the appropriate WACC to increase to 16 %. Interest-bearing debt owed by ACE is $17.5 million. In addition, the venture also has surplus cash of $4 million. ACE Products has five million shares of common stock outstanding.a. Determine ACE’s total value from the perspective of GAMA. What is ACE’s equity worth to GAMA in dollar amount and on a per share basis?b. Use the per share value of ACE from the previous problem (problem 2) above and determine the GAMA’s expected per share synergetic benefits from this merger.c. If one-half of the synergy derived benefits were allocated to ACE’s VCs and founders, what price per share would the merger take place.d. GAMA has thirty million shares of stock outstanding with a market capitalization value of $600 million. ● What is GAMA’s intrinsic value per share?

Would like for this reply to be 100% plagiarism free and utilize the academic voice. Choose one publicly traded company from the S&P 500, for this example we will use Alphabet, Inc. This may not be the same company you used for your Effective Income Tax Rates discussion. Review the financial statements for this company for its last three fiscal years. In your Deferred Tax Items paper, List the deferred tax assets that have been recorded on the company’s financial statements in each of the last three fiscal years. Explain how the company might recover the benefit of these deferred tax assets in the future. Identify the company’s valuation allowance on its deferred tax assets, including any changes to this allowance in the past three fiscal years. Identify the deferred tax liabilities that have been recorded on the company’s financial statements in each of the last three fiscal years. Explain under what circumstances this deferred tax liability may become payable and the potential timing of this payment. Identify any changes in accounting assumptions that impacted the deferred tax assets or deferred tax liabilities (e.g., changes to depreciation methods, changes in inventory methods, etc.). Calculate the company’s debt-to-equity ratio under the following conditions: Classify the deferred tax liabilities as debt or equity (or neither) for purposes of analyzing the company. Compare the company’s provision for income taxes to the company’s cash tax payments in each of the three fiscal years. The Deferred Tax Items paper Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper. Must be three to four double-spaced pages in length (not including title and references pages) and formatted according to APA style. Within these three to four pages, provide data tables and calculations. These tables and calculations should be approximately 10% to 20% of the total work product. Must use at least two scholarly, peer-reviewed, or credible sources in addition to the course text. Must include a separate references page that is formatted according to APA style