Law is different from what it was 20 years ago mainly because of the advances in the computer and cell phone industry. The advances in these technologies than they were just 20 years ago has allowed for a tremendous speed at which things can transpire of be completed. For example‚ over twenty years ago the legal transcription industry was very different than today mainly because of the many advances in speech recognition technology. As speech recognition technology continues to improve and increase
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Is child behavior better or worse than it was years ago? My stand in this question is YES; child behavior has worsened over the years. Many devices today cause poor behavior. We see many children with violent actions in many places‚ such as restaurants‚ grocery markets‚ shopping malls‚ and many other public areas. In an opinion poll‚ it showed that about seventy percent of responders believe that child behavior has worsened over the years. Observe a public area‚ and you’ll find out. Also
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Clarkson Lumber Company Group 8 Connor Caruso Leah Chambers Eugene “Trey” Nolfi Trevor Landry (Rough Draft) Summary of facts: Clarkson Lumber Company is a top lumber supplier in the Pacific Northwest and was founded in 1981 as a partnership between Mr. Clarkson and his brotherinlaw‚ Henry Holtz. In 1994‚ Mr. Clarkson bought out Mr. Holtz’s share in the company for $200‚000. Sales for Clarkson Lumber Company has seen rapid growth‚ increasin
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QUESTION 1 WHY HAS WILSON LUMBER BORROWED INCREASING AMOUNTS DESPITE ITS CONSISTENT PROFITABILITY? Although the company seems to be profitable‚ it has faced shortage of cash. It happened due to increase in Accounts Receivable as well as Inventories. On the other hand‚ Accounts Payable does not increase that rapidly and difficulties regarding cash collection become evident. Furthermore‚ the cash collection cycle becomes larger (59 days in year 2003‚ while more than 70 in year 2006). QUESTION 2 HOW
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BUTLER LUMBER COMPANY CASE REPORT Francis Davidson Tanguay Paula Zalba Dounia Tazimezalek Carl Helou Applied Corporate Finance Larbi Hammami McGill University‚ Montreal Tuesday‚ May 14th‚ 2013 1. Problem 1.1 Why was sales growth so robust‚ but net income growth anemic at best? 1.2 Does Mr.Butler need additional funding to fuel his growth? 1.3 Why does butler lumber have a cash shortage problem to begin with? 1.4 Could the cash flows of Butler Lumber support additional debt? 1.5 Should butler lumber
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paraphrasing. For example‚ if the book you are reading from says‚ “John Adams‚ who was involved in winning independence for the United States‚ was the second President.” You cannot write those words in your paper. You cannot even write‚ “John Adams‚ a man involved in winning independence for the United States‚ was its second President.” One way that you could re-write it is to say‚ “The second American President‚ John Adams‚ was also influential in gaining freedom for the country.” However‚ in spite of
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Cartwright Lumber Company I. Company Background & Situation Cartwright lumber company was located in a suburb of a large city in the Pacific Northwest; its operations were limited to the retail distribution of lumber products in the local area. In 1994‚ Cartwright Lumber Company was established as a partnership by Mark Cartwright and his brother-in-law Henry Stark. However‚ in 2001‚ Cartwright brought out Henry’s interest for $105‚000 and incorporated the company. About 55% of the total sales of Cartwright
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Case: Clarkson Lumber Company Issues The issues that Mr. Clarkson should consider when analyzing the future of his business are: • Can the business support growing at such a high rate? • Is it a wise decision to continuing borrowing on an even higher line of credit? • Is the business making wise choices in regards to whom it sells to? Decision The business cannot support the current rate of growth much longer. Mr. Clarkson has no choice but to infuse the business with outside cash
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videos‚ games and DVDs each year. The company is ranked #410 on the Fortune 500 list‚ better its top competitors. The company is based in Dallas‚ Texas and trades on the New York stock exchange
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Q1-1. Why has Clarkson Lumber borrowed increasing amounts despite its consistent profitability? Because they have faced cash shortage trouble. Their profitability has grown for 1993 ~ 1995 period‚ as we can see from their I/S (e.g. Sales and Net Income‚ etc.). However‚ as its business size grows‚ their A/R increased‚ which means that it is getting difficult to collect cash. On the other hand‚ A/P decreased for the same period‚ which means that the company paid cash for A/P‚ resulting in critical
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