Sally Oueis MBA 554 section 602 Like any organization or business firm‚ there can be many problems within the company and it could start with the management team. In the HGC case‚ there might be minor obstacles arising along the way but there is one major problem in this company fearing Sally Peters which is poor project portfolio management. In this case‚ there is an extreme level of organizational politics. As described in the text‚ the same 10 managers who are repeatedly assigned new
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Butler Lumber 1. Why does BL need to borrow money to support its profitable business? Draw up a Fund Flow Statement‚ i.e.‚ Funding and Uses a. Funding would include Bank Borrowing‚ Trade Credit‚ Retained Earnings‚ Cash‚ Accrued Expenses b. Uses would include Inventories‚ A/R‚ Buyout‚ Reduction in debt‚ increase in fixed assets/accounts Response: BL needs to borrow money from the bank to take benefit of the purchase discounts. During the last two years‚ BL had taken very few purchase discounts
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RECOMMENDATION I recommend that Cartwright Lumber should extend a line of credit up to maximum amount of $465‚000 by Northrop National Bank. However‚ it should be taken some additional measures. In addition‚ Cartwright should develop a sustainable business strategy. These strategies based on extended and ongoing retail distribution‚ hiring sales representatives for telephone ordering and restructuring of sales department. As a result of this will be expected an improvement in enter and the target
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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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Alice Munro: TRICKS Alice Munro is a Canadian author who has written many short-story compilations and collections. In 2013 she won the Nobel Prize in literature‚ for her work as "master of the contemporary short story". Her stories often depict the troubles of young women and their complexities. They are well known for her uncomplicated prose style‚ and she is also known for her smooth way of switching between the present and the past. In 2004 she released the book “Runaway”‚ which contained many
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Statement of the Problem At first glance‚ Clarkson Lumber appears to be a healthy company. However‚ despite rapid growth and increasing sales Clarkson Lumber finds itself searching for additional funding to compensate for a shortage in cash to fund its expanding business. Clarkson Lumber is in this situation for a number of reasons. The company’s inability to receive payments from customers in a timely manner created a severe impact in the company’s cash flows. The age of account receivables
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Clarkson Lumber Case I. Statement of Problem. The basis of Clarkson Lumber Companies problems occurs from their rapid growth in the recent years. Sales have increased by 54.7% from 1993 to 1995; assets have increased by 78.12%‚ while net income has only increased by 28.33%. In order to support these growth patterns‚ Mr. Clarkson has been required to rely on loans in order to have sufficient funds. Also‚ Mr. Clarkson decided to buy out his old partners Holtz’ interest in the company. Clarkson
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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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business: Cartwright Lumber Company Nature of the business: Retail distribution of lumber products Overview The Cartwright Lumber Company had been found in 1994 as a partnership by Mark Cartwright and his brother-in-law Henry Stark. Later in 2001‚ Mr. Cartwright bought out Stark’s shares and incorporated the business. Now‚ Mr. Cartwright is a sole owner and president of the company. The business is located in the Pacific Northwest region and does the retail distribution of lumber products in the
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Kilkenny Lumber Case Study Assignment Part I 1. Productivity of the crew would be below standard. I believe for the productivity to be below standard because they were sent to this crew because of their lack of work. Just because they have been assigned to another crew‚ does not mean that they will begin to work well right away. When compared to the Equity Theory‚ I believe there to be positive inequity for the three men assigned to the new group. For being assigned to the group due
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