CORPORATE FINANCE Case 1: Flash Memory‚ Inc. Section B1 Group 1A Executive Summary As sales of Flash Memory Inc. (Flash) increases rapidly in the first few months of 2010‚ additional working capital is required to ensure smooth operations and maintain their current growth rate. However‚ Flash currently has almost reached its notes payable limit of 70% accounts receivables with its current commercial bank and thus‚ need to look for various alternative financing means to provide the required
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Funny Memory New Year is coming; many of my friends have made a plan of where to go and what to do. Some go to Taipei attending the countdown party nearby Taipei 101. Some go home to enjoy the delight wither their family‚ and so do I. It seems that everywhere is full of joyful atmosphere. However‚ I got a bad news recently that my mother told my father’s company asked him to be on a business trip to Indonesia for three weeks. I think it is pity that I cannot share the happiness of the New Year with
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CHILDHOOD MEMORY It was summer‚ in the year 2004‚ and my niece came to visit my house. We used to live in the country side‚ away from town. We were playing around as usual; as it being a bright sunny day. I was a 6 year old boy who was always looking for trouble and something to do‚ along-side me was my brain storming twin brother and together we cause all sorts of chaos and would get scolded all the time and never listened. Of course since it was summer‚ we were anxious to start our day. Our
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Talking about future‚ the modernization is always a hot issue for people all over the world. As a result‚ a lot of people have a comfortable life‚ no cares‚ no worrying‚ just be successful while others are conversely in an awful life. So what makes that differences is the past‚ the past could make people’s future better or vice versal. Then I would like to tell you a story that changed my life‚ which is unforgettable. When I was in grade fourth‚ being a class master in my school and passing the
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The mitt was brown‚ a light hazel brown. A colour which was worn down by tiredness. It stood by the shoes. There with the bat and ball‚ both exhausted. It was stained by the green ink. The ink which had once been a vibrant green‚ like the freshest morning of a spring day‚ that’s how green. It had been tattooed by this ink‚ like a trademark written in poems. Poems of hope like those of bigger things. The seams were loose‚ like they were slowly falling from the mitt‚ losing their grip‚ a feeling the
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School Memories School days were the same from day to day most times. School lunches were at the same time every day at noon. They were great because I got satisfied‚ I got to visit with friends‚ and I got to burn energy. Right before lunch everyday my teacher would have the whole class clean up the classroom. After we were done she would line us up alphabetically. Luck me I was always in the front. The she would have us walk down the hallway. I would see posters and artwork on the walls
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the firm. With immense competition‚ small product life and significant investment‚ this business offered only very low profit margins. The industry offered a prospect of very high growth rate with tremendous growth projections in sales for Flash memory. The life cycle for its products was very short‚ which meant that maximum revenue generation happened within a few years of the product launch. Normally‚ each new innovative product would become obsolete within an average of 6 years. Flash resorted
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Childhood Memory My favorite childhood memory was when I was twelve years old with my Grandpa Joe on a fishing trip. We took his boat out into the Gulf and spent the day fishing‚ telling jokes and having a nice relaxing day. It was by far the best day I ever had with my Grandpa Joe. My Grandfather taught me how to string a fishing line‚ bait the hook‚ and cast the pole into the water. It was very frustrating at first. I did not understand how to throw the fishing line into the water‚ my first
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Every society has its rules and laws. It depends on the type of rules and laws that makes a society the way it is. For a type of society that would be like a utopia the seven most important commandments are: Be at Peace‚ Be Honest‚ Give to Others Rather Than Receive‚ Accept Others as They Are‚ Respect All Things Living‚ Always Learn to Forgive‚ and Live Life to the Fullest. In order to live in the perfect society‚ these commandments are very important. Commandment I - Be at Peace: Being at peace
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Bittersweet Memories I will never forget the weekend of May 23‚ 2010‚ and how it impacted my life. It was the day my cousin Mia was in a fatal car accident. I remember hearing my mother telling me she has some bad news‚ her voice sounding like a child gasping for air. She was crying as though she had no words left to speak. Those words crushed and scarred my heart forever. The news of Mia’s accident made me feel as if I had no more breaths to take. Like in the movies‚ the hospital was not as
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