The Butler Lumber company is facing cash difficulties due to the buyout of Henry Stark’s share and because it is operating a high growth rate. Thus‚ it is imperative to analyze the various options available to Mark Butler in order to meet the cash needs of the Butler Lumber Company. In order to support the reasoning for our recommendation‚ we constructed a ratio analysis (Appendix I; Exhibit 1). Even though the firm has realized increasing sales and decreased its operating and cash cycle‚ other
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these articles many people believe that haunted houses are a part of why halloween is so popular. Over 1‚200 professional haunted houses are being operated and 300 theme parks as well. Many of these haunted houses are very popular because people just like a good scare and it’s fun‚ it has been a tradition for a long time‚ and haunted houses make a lot of money. To begin‚ many people like a good scare. The people pay good money to be scared‚ they like the thrill of the clowns and scary people jumping
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popular sport is soccer. And there are a lot of reasons for saying this‚ is not only my opinion there are a lot of real facts that support my opinion. For example‚ more people now are starting to watch and practice soccer. The increasing popularity of soccer is taking away popularity to the other sports. The big deal of publicity that soccer has is the main cause of his big popularity in Mexico. First of all‚ the 97.33% of advertising in the sport in Mexico goes to football and just 2.6% goes to other
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lab‚ we decided to investigate an important fact that normally goes unquestioned: why are cells so small? Would it be more efficient if everyone were just made up of one or two huge cells? A source of energy and molecules are required by all living organisms‚ which means that the amount of the cell that is able to receive molecules is important. The group’s hypothesis was that “cells are small because small cells have a larger surface area to volume ratio”‚ which is important because a larger surface
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BUTLER LUMBER COMPANY 關於Butler Lumber Company(以下簡稱BLC)的借貸案，我們選擇站在Northrop National Bank(以下簡稱NNB)的角度來看是否該提供借貸，共考慮三個部份：1)BLC的徵信程度，2)BLC的財務報表狀況，3)BLC的擔保品品質。以下將針對這三方面來探討： 一、BLC的徵信程度 在評估借貸案時，NNB向幾家BLC的往來廠商發函調查，以作徵信之用。回函廠商皆對經營者有信心，以及對BLC本身的營運情況有著正面的看法。 接下來NNB需要評估BLC的財務報表，以了解實際的營運情況。 二、BLC的財務報表狀況 BLC 1988 1989 1990 負債比率 54.55% 58.70% 62.70% 流動比率 180.00% 158.93% 145.05% 速動比率 88.08% 72.00% 66.92% 現金對流動負債比率 22.31% 12.80% 7.66% 存貨週轉天數 71.755 69.631 應收帳款週轉天數
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Why are Tropical Rainforests so Important? Tropical rainforests occupy only 7.5% of the worlds surface and is 1.2 billion hectares‚ yet over half of all plants and animal species live or grow here. The largest rainforest in the world is Amazon which is 600 million hectares and covers nine nations- Brazil‚ Bolivia‚ Peru‚ Guiana‚ Ecuador‚ Colombia‚ Venezuela‚ Guyana and Suriname. Tropical rainforests are home to many rare plant and animals‚ they contain 80% of all insects and 90% of all primates
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How is ‘The Crucible’ appropriately titled? The word ‘crucible’ is used by Arthur Miller in his play as a metaphor. The first definition of the word crucible is: a melting pot especially for metals. In the play this is first acknowledged during the first act‚ as we gradually piece together the information concerning the girls dancing. The ‘kettle’ viewed by Reverend Parris mirrors a crucible. We are told that the girls had made a brew which contained a
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Ancient history. He is very strong and this is one of the reasons why he is so well know. Hercules is also very famous and characters of him come out on movies. Out of all the Gods and Hero’s of the Ancient time Hercules is the most well known and most seen on movies all over the world. The reason why people like Hercules so much is because he would save lives and he would win battle’s to save the people in his town. Why is Hercules so popular? Well to start off Hercules lived a long time ago in
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Case Study: Capital Budgeting Butler Lumber Company Abstract Butler Lumber Company‚ a lumber retailer with a rapid growth rate‚ is faced with the problem of cash flow shortage. In order to support this profitable business‚ BLC needs a great amount of cash. The loan of $250‚000 from Suburban National and a line of credit of up to $465‚000 from Northrop National Bank are the two choices provided. After a brief review of the operation and financial conditions of BLC‚ we first make analysis of
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Butler Lumber Company Background: Butler Lumber Company was founded in 1981‚ in a large city in the Pacific Northwest. Typical products of the company included plywood‚ moldings‚ and sash and door products. After a rapid growth in its business during recent years‚ the company in the spring of 1991 anticipated a further substantial increase in sales. Despite good profits the company experienced a shortage in cash and found it necessary to increase its bank borrowings. Issues: • Butler Lumber
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