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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Case Study: Clarkson Lumber Company Albert M. Aguirre February 11‚ 2012 1. Mr. Clarkson needed to borrow money to address the shortage of cash coming in. Although the business was profitable the bulk of the assets of the company were in its receivables and inventory. The current loan that it gets from Suburban National Bank is not enough to supplement the cash flow that it gets versus the projected expenses that the company had to pay and was maturing. There were also notes payable to
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This gave him power over every step of the lumbering process so he could tightly control costs and profits. By 1900 more than 400 lumber companies including several belonged to Weyerhaeuser were operating in the state and Minnesota ranked third in the nation in lumber production. Towns and cities throughout the Midwest were built using Minnesota lumber. The lumber industry relied on the same basic essentials as the flour industry. Investment from business owners such as Weyerhaeuser was combined
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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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predator. (2) As a result‚ a survivor always dwells at the apex of the food chain. (3) Same here in Thailand‚ the monopoly has grown massively in recent years by the business level strategy of CP All Public Company Limited which was established in Thailand under the 7-Eleven trademark. (4) Several companies even they are real estate‚ mass media‚ or food chain have been acquired by CP as well. (5) Due to the acquisitions of CP‚ the middle-class encounters with a dilemma because whatever the businesses they
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I. Overview and Introduction The Clarkson Lumber Company is a classic case of a small‚ private company rapidly growing and not having a sufficient cash flow to sustain operations with the increase in expected future sales. First‚ there needs to be an analysis of the events and strategies that have been implemented which affect the company’s financials. The owner‚ Keith Clarkson‚ bought out his partners “interest” in the company by issuing a note of $200‚000 at 11% interest. The owner issued
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the additional financing‚ company will be able to benefit from trade discounts. In order to examine operational performance of Clarkson Lumber Company‚ we calculated financial ratios for years 1993 to 1996 first quarter. In addition‚ to make a meaningful comparison‚ we calculated financial ratio for industry. Industry averages were calculated by taking arithmetic average of high-profit and low-profit outlets‚ then we calculated ratios. Financial ratios of Clarkson Lumber and industry averages can
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The financial statement of Adams Limited is ready for a review. I spent about 2 hour making the adjusting entries and preparing the spreadsheet. The transactions of Adams Limited were very straightforward‚ so I could make the adjusting entries without much difficulties. I did not spend time researching about the adjusting entries. Instead‚ I used my accounting book as a guide for the financial statement format. Overall‚ I think I was very comfortable completing this assignment. However‚ I am sure
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Richard Dawson was born as Colin Lionel Emm in Gosport Hampshire‚ England on November 20‚ 1932. Dawson at the age of 14 left home and joined the Merchant Marines.While in the Merchant Marines he made a living as a boxer. Dawson was with the marines for 3 years until he was discharged. 2 years after his discharge Dawson was trying to be a comedic actor while trying to pursue his dream he was a waiter. When he made it as a comedic actor he used a fake name Dickie Dawson‚ but as he grew older he then
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