Clarkson Lumber Case FIN 4422-002 Spencer Ely September 22‚ 2011 Clarkson Lumber appears at first glance to be a healthy‚ successful company with increasing sales and rapid growth. Clarkson Lumber has relatively low operating cost‚ allowing them to give competitive prices‚ which results in their increasing sales. However‚ even with continual increases in sales‚ Clarkson Lumber has a constant cash flow problem that can be credited to several factors with the result of looking for additional
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Clarkson Lumber Company Situational Overview: Clarkson Lumber Company or the “Company” has encountered financial troubles in the midst of expanding revenues. In order to satisfy the demands of expansion and continue growing top line revenue‚ an increased amount of borrowing is necessary. This increased borrowing will be in the form of a revolving line of credit with an interest rate of 11%. The following paragraphs will examine what has led to the Company’s current illiquidity and what can be done
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Clarkson Lumber Company Solutions Questions: 1.What problems does Clarkson Lumber face? 2.Why does Mr. Clarkson have to borrow money to support this profitable business? 3.Is a line of credit of $ 750‚000 sufficient to meet the firm’s future financial needs? 4.As a banker‚ would you approve Mr. Clarkson’s loan request‚ and if so‚ what conditions would you put on the loan? 1. The Problem Defined: The Clarkson Lumber Company has been expanding rapidly for several years. Increases in working
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Room & Board: A Strategic Case Study Analysis Strategic Profile and Case Analysis Purpose Room & Board was wholly owned by John Gabbert‚ who had created it more than 25 years earlier. As a Minnesota-based privately owned company‚ Room & Board has been known for offering products that combined classic‚ simple design with high quality handcrafted furniture and giving exceptional service to their customers. Approximately $50 million of revenue a year was generated through Room & Board
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Cartwright 1. Why has Cartwright Lumber borrowed increasing amounts despite its consistent profitability? Cartwright lumber has had to borrow substantial amounts of money due to the fact that the firm is a growing company with sales rising quickly. In order for the company to sustain this growth rate‚ they will have to get additional external funding. Growth in sales nearly doubled from 2001 to 2003‚ with a percentage growth of 18% and 34% in 2002 & 2003 respectively. While sales are growing steadily
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A Critical Review of Lexical Collocations: a Contrastive View By Jens Bahns Introduction Lexical Collocations is a paper written by Jens Bahns‚ the subtitle of which is a contrastive view. The paper was published in ELT journal in 1993. It mainly tells us that lexical collocations are an essential part in the field of EFL teaching‚ and showed us a more effective way to teach the students---- by using contrastive analysis of lexical collocations. The paper aimed to reduce the burdens for
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there are multiple theories that attempt to explain this connection‚ the prevailing theory is the fresco art in the Room of the Mysteries depicts the initiation ceremony for a woman in a Dionysiac mystery cult who is preparing for a mystical marriage to the god himself. This reading of the fresco is compelling because in the center of the fresco‚ which would be the back wall of the room‚ there is a man reclining on the lap of a woman. He is drunk‚ carries a thyrsus‚ and wears an ivy wreath on his head
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Kiss My Ash by William Severini Kowinsky I could barely speak. I was having lunch with the young editor-publisher of the In Pittsburgh alternative weekly in the summer of ’89. As a contributing editor and a regular columnist‚ I had always written about anything I wanted‚ exactly as I wanted‚ and smoking was one of my recurring subjects‚ though by no means the dominant one. But I knew immediately I couldn’t change his mind. He was already committed. "We can’t run any more stories on smoking
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2193HSL Rooms Division Management Case Study Analysis 2012 Name: Wei Kei Pui‚ Maggie Student ID: S2866288 Date: January 2‚ 2013 Contents 1. Introduction 1.1 Background 1.2 Purpose of the report 2. Problem Analysis 2.1 Limited experience to manage a large scale luxury hotel 2.2 Failure to be a good role model 2.3 Traditional management style 2.4 Poor arrangement of staff orientation and training requirement 2.5 Failure to be a good leader
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important department. Rooms Division Task A a) A discussion of the key aspects of legislation and regulatory requirements relevant to rooms division operations. Assessment Criteria 1.3 - Discuss legal and statutory requirements that apply to rooms division operations. Room division is an important element of the tourism management. Management of room division ensures good housekeeping and deals with the management of front office and other operational services. Management of room division requires managers
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