1. How much is the Bet Performer worth based on comparable transactions? What ship is the best reference transaction? (the closest comparable)? Comparable transaction is a conventional method of evaluating the value of something that is ready for sale. To value a ship‚ one had to identify a set of “comparable” ships where comparability was based on four main factors: ship type‚ size (DWT)‚ age‚ and condition. The Bet Performer was a 11 year old ship‚ built in 1997‚ 172‚000 DWT capsize bulk
Premium Regression analysis Ship Linear regression
liquidity liabilities) Cash (=$31K) / Short-term liability (=$404K) Don’t have enough funds available to meet the expected sales target 2. Do you agree with his estimate of the company’s loan requirements? How much will he need to borrow to finance his expected expansion in sales (assume a 1991 sales volume of $3.6 million ($360‚000))? We don’t agree with his estimate. It’s not enough to balance the BS in 1991. How much? $250.2K (= $247K + $3.2K (=current borrowing + EFN)) [Income
Premium Balance sheet Generally Accepted Accounting Principles Asset
------------------------------------------------- PRECIS The text under analysis “The Lumber-room” written by Hector Munro is the problem psychological story which revolves around a little orphan Nicholas and his tyrannical and dull-witted aunt‚ who because of the cruel methods of education couldn’t not only find approach to children‚ but also understand their soul. The conflict between the aunt and the nephew as if the conflict between prose and poetry. But softness‚ purity and tenderness of soul
Premium A Little Bit Longer Psychology Character
CASE SUMMARY Date: 1/29/12 Case Title: Clarkson Lumber Company (CLC) (1) Background: CLC was founded in 1981 by Mr. Clarkson and brother-in-law Henry Holtz in the Pacific Northwest. The company has experienced rapid growth over the recent years and it is anticipated to continue. Mr. Clarkson bought out Mr. Holtz for $200‚000 to become the sole owner. This resulted in the need of more cash inflow from the bank. Even with consistent profits‚ the company has suffered a shortage of cash
Premium Formula One Debt Financial ratio
Clarkson Lumber Co. 1. Why does Mr. Clarkson have to borrow to support this profitable business? A. This company now faced the cash shortage trouble which we can see from its liquidity‚ such as current ratios‚ quick ratios and return on sales for these three years‚ following a decreasing trend. From accounts receivable statistics‚ we learn the cash inflows is decreasing since it takes longer time to collect the money from customers. And they still need to pay for purchases‚ so borrowing from
Premium Finance Balance sheet Asset
Term- I Course Title : Managerial Economics Course Credits : 3 Course Faculty : Prof. Animesh Singh Learning Objectives At the end of this course‚ the student should be able to: • develop a basic understanding of economics as an important tool for taking effective managerial decisions; • develop the concept of managerial economics and its applications; and • to apprise how managers need to understand
Premium Economics Supply and demand
Assumptions • LiverDerm‚ LLC‚ LLC meets the definition of a group practice as described by the Stark Law See 42 C.F.R. § 411.352 for more information (attached) • LiverDerm‚ LLC is a designated health services (DHS) provider • Healthy Human Hospital (HHH) is an academic medical center Introduction: Stark Law and Anti-Kick back (define) Doctors Liverman and Doctor Derm‚ Thank you for providing more information about your intentions with LiverDerm‚ LLC. I have researched your concerns‚ especially
Premium Medicare Medicine Health care
company need funds? First‚ Butler Lumber Company in the spring of 1991 anticipated a further substantial increase in sales. It means there are more working capital associated with the company’s increasing sales volume. Second‚ although they have good profits‚ the company had experienced a shortage of cash. The company’s current borrowing from Suburan National Bank almost reaches the maximum loan that SN Bank would make. Meanwhile‚ the SN Bank now asks Butler Lumber to secure the loan with its real
Premium Financial ratio Loan Finance
Case Study 2 What “Wood” You Do? Background/Summary: Lorman Lumber is a publicly traded company with widely held shares. Its Yamica location in rural Oregon is one of the company’s largest. The purpose of the plant is to process and treat wood‚ which it does through a number of facilities. The Sawmill began producing lumber products in 1947‚ which it does by peeling‚ milling‚ and chipping raw wood. Lorman has a known record of producing good profits‚ and will often pay out generous performance-based
Premium Net present value Investment Finance
Flow Statement 11 Table 9: EVA Analysis 12 Table 10: Income Statement under new Terms 13 Table 11: Balance Sheet under New Terms 14 Table 12: Cash Flow Statement under New Terms 14 Table 13: EVA under New Terms 15 1. Introduction Wilson Lumber Company is a small company engaged in timber business. The company has one owner Mr Wilson‚ an entrepreneur‚ who is considered to be reliable partner and talented business man by his suppliers and customers. Mr Wilson originally established the firm
Premium Inventory Balance sheet Generally Accepted Accounting Principles