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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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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Butler Lumber Company Case Butler Lumber Company Case Summary of facts: In 1981 by Mark Butler and his brother-in-law Henry Stark founded the Butler Lumber Company. In 1988 Mr. Butler bought Mr. Stark’s share for $105‚000 to be paid of in 1989 out of which $70‚000 was raised by a loan carrying an interest rate of 11% and repayable at the rate of $7‚000 over the next 10 years. Over the past five years‚ Butler Lumber Company has experienced rapid growth in its business. It derives its business
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interpreting his or her society is a constant job that they uphold. This is why the world has a vast variety of them. With their different minds‚ genres‚ styles‚ and themes. No single person can say writers such as William Shakespeare‚ and Octavia Butler are one in the same. A writer’s role is challenging and is constantly changing as time progress. Time is a constant and waits on no one. However‚ one author that is not bonded by time is William Shakespeare. A well renowned poet playwright‚ and
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private motorcycle club or “gang”. This along with the common association between biker gangs and deviant activities cause many assumptions to be made by the viewer. This relates to Judith Halberstam’s “James Bond” theory in her book‚ Female Masculinity. Halberstam explains how it isn’t Bond’s
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Based on Judith Halberstam’s reading‚ The Queer Art of Failure and Homosexuality and Facism‚ we live in a predominantly binary world. There are usually only two options for most things. For example‚ girl or boy‚ yes or no‚ succeed or fail…etc. For example‚ Halberstam mentions at the beginning of the reading that we have winners and losers in this world. The‚ “...losers leave no records‚ while winners cannot stop talking about it‚ and so the record of failure is ‘a hidden history of pessimism in a
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gender is disputable in the modern era (Donovan‚ 2003:4). From Butler’s perspective‚ the aim of gender equality is not only for women but also for those “who are gender different‚ who are nonconforming in their gender presentation” (Butler‚ 2011). In this sense‚ Butler brings her idea of gender as perfomativity‚ which provides a new way to look at gender identity and therefore influences profoundly on gender practices in various fields. Hence‚ this essay will begin by considering Butler’s critique
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Judith beheading Holofernes 1. Painted by the Italian artist Caravaggio‚ in 1598 around the 16th century. During the art movement of Baroque period. 2. It is a history painting 3. The media: Oil on canvas / The method: The lighting in this painting is dramatic‚ as though a single flame is illuminating the entire scene‚ causing the shadows to recede far into the background and the highlights to protrude outwards. This is most evident in the red curtain behind Holofernes. The techniques:
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ties throughout the first line “South of my days’ circle‚ part of my blood’s country‚”. Colloquial language is used to imply that the traveller is friendly “will turn up again some day in a wave of rambler roses‚”. Halfway through the first stanza‚ Judith Wright uses personification to create an image of a fragile landscape of winter through “of bony slopes wincing under the water”. Her deep connection to the land and seasons highlights her context‚ which is a connection with the Australian bush.
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St. Judith/Jutta St. Judith of Kulmsee‚ also known as St. Judith of Prussia‚ was born circa 1200 in Thuringia (central Germany). She died on May 12‚ 1260 at Kulmsee in the Monastic State of the Teutonic Order. Judith imitated the life of St. Elizabeth of Hungary‚ who was the Duchess of Thuringia during her youth. Not much is known about her youth‚ but it is known that Judith was married at the age of 15 to a nobleman and bore his children. She raised her children in a contemplative and mystical
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