Discuss pros and cons of using debt financing versus equity financing. Support your answer with real world example: find an example of financing (either debt, equity or both) and describe purpose of this financing done and some terms of it. If terms are not listed - provide theoretical framework of possible reasons why a given company pursued type of financing you described above. Note, this example should be no more than 1 year old.

Also, discuss whether or not, all else equal, firms with relatively volatile sales are able to carry relatively high debt ratios.  Provide an example of a company with relatively volatile sales, briefly discuss its debt usage.