1. The reason that smaller projects appear to be more profitable is because of the cost drivers that Linda Evans chose to use to allocate the overhead costs. It is unfair to allocate an equal amount of overhead cost to the different kinds of projects‚ when the smaller projects cost more in days of data collection than the larger reports do. This is especially important to consider because the days of data collection is directly related to the project salaries‚ which is the cost driver for the allocation
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Butler Lumber Case Study Solution Options: The Butler Lumber Company (BLC) could obtain from Suburban National Bank maximum loan of $250‚000 in which his property would be used to secure the loan. Northrop National Bank is considering BLC a line of credit (LOC) of up to $465‚000. BLC would have to sever ties with Suburban National if they were to have this LOC extended to them. | 1988 | 1989 | 1990 | 1991Q1 | EBITDA coverage (times) | 2.5 | 2.26 | 2.15 | 2.1 | Debt Equity Ratio
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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
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management strategies 5/21/2014 Executive Summary for NDDS Construction LLC In the delivery of high quality‚ effective and value represented in the core business for NDDS Construction Company‚ this paper is intended to address its focus on the alignment of continually seeking to improve our performance management. Conceptual framework for performance management strategies Executive Summary for NDDS Construction LLC Introduction The company NDDS Construction is headquartered out of
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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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Rubicon Mortgage Advisors‚ LLC is currently licensed to operate in five states‚ with the corporate office located in Edina‚ Minnesota. Rubicon Mortgage Advisors‚ LLC was formed June 26‚ 2006 in the State of Minnesota and became licensed as a money broker in the State of North Dakota on April 7‚ 2011. The Licensee has two North Dakota branch offices located in Bismarck and Grand Forks. The Bismarck‚ North Dakota office employs three Mortgage Loan Originators Wyatt Pollert‚ Jill Krueger and Nate Watson
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Creative Brief for Weber-Stephen Products LLC 2011 Jose L Rodriguez DeVry 5/14/2011 INDEX Overview …………………………………………………………………………………. 3 Objectives ………………………………………………………………………………… 3 Target Audience …………………………………………………………………………. 4 Concept …………………………………………………………………………………… 4 Ad Copy ……………………………………………………………………………………. 5 References ……………………………………………………………………………….. 5 Creative Brief Weber-Stephen Products LLC 200 E. Daniels Rd. Palatine‚ IL 60067 847-934-5700 May
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Dating back to 1832‚ Janney Montgomery Scott LLC was created as a financial firm that strives to provide comprehensive financial advice and quality services to individual‚ corporate‚ and institutional investors. Janney Montgomery Scott LLC is an independently operated subsidiary of the Penn Mutual Life Insurance Company; furthermore the firm is members of the New York Stock Exchange (NYSE)‚ the Financial Industry Regulatory Authority (FINRA)‚ and the Securities Investor Protection Corporation (SICP)
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LLC stands for a limited liability company. LLC’s operate much the same way as a corporation‚ in that it is a legal entity that can conduct business under its own name. More and more business owners’ are electing to form LLC’s every year but why exactly are so many business owners now doing this? As the name limited liability suggests the reason why so many business owners are deciding to form an LLC is to reduce their personal liability. For example if you continue to operate your business as a
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Siva v. 1138 LLC Case Brief This is an actual appeal case regarding a breach of contract‚ between leasor Ruthiran Siva v. Richard Hess leasee. Ruthiran Siva the owner of commercial property entered into a written agreement with the Hess family and Shahin. The agreement was the Hess family and Shahin would lease the commercial property for a minimum of five years at $4‚000.00 per month. However upon the agreed contract the Hess family and Shahin never indicated they were going to use the space
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