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 be seen in Exhibit 1. First of all‚ regarding current ratio
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Alice Munro‚ a non-traditional Nobel Laureate‚ is known for the exquisite life and connection she brings to her 30 page short stories‚ all based on her own personal experiences and history. Munro’s familial and personal history is familiar to the readers and fans of her stories because she uses her relatable experiences to create her characters. Each of her short stories are a part of larger collection‚ including novels Dear Life and Runaway. Her works bring a sense of intimacy‚ allowing the
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Mauritz AB (H&M). We will analyse on it using PESTEL‚ Porter’s Five Forces and SWOT to get a clear concept of what H&M is today and where it can go. This positioning will be helpful in strategy designing. Company activities H&M was established in Västerås‚ Sweden in 1947 by Erling Persson. We now sell clothes and cosmetics in around 2.200 stores around the world. * H&M offers fashion and quality at the best price * H&M offers fashion for women‚ men‚teenagers and children. * H&M also
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1. Question 1 Evaluate the external environment in which H & M operates in. 1.1. PESTEL Analysis 1.1.1. Political As companies begin to expand globally‚ it needs to understand the laws of each country. Since each country regulations are different‚ its needs to take special consideration before entering and investing into a new market in order to prevent violating any of them. This is especially true when regulations involving imports and exports are affected. While the restrictions of goods
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Alice Munro grew up on a small farm which provided her with a firsthand view of the imagery she would come to use in her writing. One story with a small farm family is “Boys and Girls.” It is an initiation story of a young girl at conflict with the gender roles placed upon her. At a time when gender roles were being challenged‚ Munro writes about a fox farmer’s daughter. The girl wants to help her father‚ but that is a man’s work. Munro’s own father was a fox farmer turned foundry worker turned turkey
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"Comfort‚" by Alice Munro‚ is a short story based on life‚ death and dying‚ suicide and religion. With the depth of all four topics‚ controversial issues arise and compromising situations hold the main character‚ Nina‚ at a difficult crossroad. That crossroad is the wants and needs that Nina yearns for. "Comfort" illustrates a ride through what Nina experiences after the passing of her husband and her dire need to get what she wants or at least to obtain comfort. From the beginning of the story
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Harvard Business School 9-297-028 Rev. October 29‚ 1996 Clarkson Lumber Company After a rapid growth in its business during recent years‚ the Clarkson Lumber Company‚ in the spring of 1996‚ anticipated a further substantial increase in sales. Despite good profits‚ the company had experienced a shortage of cash and had found it necessary to increase its borrowing from the Suburban National Bank to $399‚000 in the spring of 1996. The maximum loan that Suburban National would make to any
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The Butler Lumber Company 1) Is Butler Lumber a profitable business? 2) Why does Mr. Butler have to borrow so much money to support their business? 3) Prepare pro forma income statement and balance sheet. Is Mr Buttler’s estimate loan requirement correct? What amount will he need to finance the expected sales increase? 4) As his financial advisor‚ would you support this expansion? As his banker‚ would you approve the loan and under what conditions? 1) The Butler Lumber Company has positive
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culture. The struggle for equality between male and female has been perpetuating for decades and yet no change has occurred because of the rigid social construction of gendered roles. In “Boys and Girls”‚ in the backdrop of a countryside in 1950s‚ Alice Munro depicts the hardships and successes of the rite of passage into adulthood through her portrayal of a young female who goes through the process of growing up. She presents the subject of the profound unfairness of sex-role stereotyping‚ and the effect
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Alice Munro’s collection of short stories in Open Secrets is one example of her focus on women‚ ordinary women‚ and the lives they experience and lead. Her stories present us with characters that think‚ feel‚ and develop in normal‚ as well as abnormal‚ situations. In the following discussion we focus on two of her short stories from Open Secrets‚ and confer the characters and their development. The stories chosen for examination are "Open Secrets" and "Vandals." Each of them will be discussed individually
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