positive or negative. There is a mythical hero and lumberjack named Paul Bunyan. One drag of Paul’s axe created the Grand Canyon. He had a blue ox named Babe‚ Babe was the size of 42 axe handles. Babe was as playful as a tornado and he created Minnesota’s 10‚000 lakes. Paul Bunyan was a national legend and symbolized many positive things. This caused him to be told in many stories. Paul Bunyan was a gigantic lumberjack at lumber camps across the Northwest. “He was a lumberman in Pennsylvania‚ Wisconsin
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hult international business school | Clarkson Lumber Company | | | Adeeb Valiulla | 1/3/2011 | | Summary Experiencing rapid growth in business and generating fairly good profits‚ Mr. Keith Clarkson the sole owner and president of The Clarkson Lumber Company still faced a shortage of cash and found it necessary to increase his borrowings‚ he was therefore on a look-out to start off a new banking relationship where he could not only borrow a larger loan amount but also one that
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Jessica Phan Prof. M. Leath English 1301.115 March 22‚ 2014 Essay 2 Limited Liability Company (LLC) and Partnership “To succeed in business‚ to reach the top‚ an individual must know all it is possible to know about that business” (Getty). The first time starting a business is exciting and also a challenge. A person should learn everything about their customers‚ the market and their competitors. Besides‚ the most important thing for a businessman to succeed is understand about what business
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MEMO RE CLARKSON LUMBER TO: John Doe President‚ Northrup National Bank FROM: George Dodge Loans Officer‚ Northrup National Bank Clarkson Lumber Company is owned and operated by the hardworking‚ 49-year-old Mr. Clarkson. It has low operating expenses‚ a small staff‚ and strong management. The overall impression is one of a conservative‚ efficient operation. Clarkson himself leads a frugal lifestyle with little personal debt. Clarkson Lumber is a company experiencing
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The Lumber Room The text under analysis is written by an outstanding British novelist and short story writer Hector Munro. Hector Hugh Munro was a British writer‚ whose witty stories satirized Edwardian society and culture. The author’s style of writing is satirical in a humorous way. He uses a witty tone to mimic characters in order to subtly criticize them. The criticism is done in a subtle way that is humorous. The excerpt is homogeneous. The story is narrated in the 3rd person
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The Lumber Room The text under analysis is entitled “The Lumber Room” and it is written by an outstanding British novelist and short story writer Hector Munro. Hector Hugh Munro‚ better known by the pen name Saki‚ was a British writer. In her Biography of Saki Munro’s sister writes: “One of Munro’s aunts‚ Augusta‚ was a woman of ungovernable temper‚ of fierce likes and dislikes‚ imperious‚ a moral coward‚ possessing no brains worth speaking of‚ and a primitive disposition.” Naturally the last
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1. Why has Butler Lumber borrowed increasing amounts despite its consistent profitability? How has Mr. Butler met the financing needs of the company during the period 1988 through 1990? (It would be helpful to develop a cash flow analysis (use vs. source) and the cash flow statement based upon the income statement and the balance sheet provided in the case for the period of 1988 to 1990.) Through the period of 1988 to 1990 Mark Butler has met the needs of financing through decreasing the amount of
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Crayola LLC 1100 Church Lane Easton‚ PA 18044-0431 Phone: (610) 253-6271 Fax: (610) 250-5768 www.crayola.com Parent Company Crayola became a wholly-owned subsidiary of Hallmark Cards‚ Inc. in 1984. Subsidiaries Crayola’s subsidiaries include Portfolio Series and Silly Putty. Binney and Smith acquired the rights to Silly Putty in 1977. Mission Statement Crayola does not have a formal mission statement. This is probably due to the fact that they are a subsidiary of Hallmark Cards‚ Inc
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Butler Lumber After thorough review and analysis of Butler Lumber’s financial reports‚ I believe that it is in the best interest of Northrup National Bank to not only approve the requested $465‚000 loan‚ but look to increase the loan amount. A review of the 5 C’s will show in more detail the decision to approve this loan: 1. Capacity/Cash Flow: Butler runs a lean operation that has allowed them to have success due to competitive pricing. They have met their financing needs by increasing
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To Form an LLC or Not A limited liability company (LLC) is one of many ways to formally structure a business. The best way to describe an LLC would be as a cross between a sole proprietorship/general partnership and a corporation. “The "LLC" has only been in existence for roughly 26 years and there are some definite pros and cons” (Chapo‚ 2007). Advantages of LLCs There are many benefits to forming an LLC. They are easier and less expensive to start than other forms of business‚ but not every
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