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 Lumber Room The text under analysis is written by an outstanding British novelist and short story writer Hector Munro. Hector Hugh Munro was a British writer‚ whose witty stories satirized Edwardian society and culture. The author’s style of writing is satirical in a humorous way. He uses a witty tone to mimic characters in order to subtly criticize them. The criticism is done in a subtle way that is humorous. The excerpt is homogeneous. The story is narrated in the 3rd person
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The Lumber Room The text under analysis is entitled “The Lumber Room” and it is written by an outstanding British novelist and short story writer Hector Munro. Hector Hugh Munro‚ better known by the pen name Saki‚ was a British writer. In her Biography of Saki Munro’s sister writes: “One of Munro’s aunts‚ Augusta‚ was a woman of ungovernable temper‚ of fierce likes and dislikes‚ imperious‚ a moral coward‚ possessing no brains worth speaking of‚ and a primitive disposition.” Naturally the last
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Butler Lumber Company Background: Butler Lumber Company had been founded in 1981 in a suburb of a large city in the Pacific Northwest. The company s operations were limited to the retail distribution of lumber products. Their typical products included plywood‚ moldings‚ and sash and door products. Despite good profits Butler Lumber Company experienced a shortage in cash and found it necessary to increase its bank loans. Issues: y y Why does a Profitable company such as Butler Lumber need external
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I. Introduction Clarkson Lumber Company has been in growth during recent years and anticipated a further increase in sales. Despite of consistent profits‚ the company has suffered shortage of cash and borrowed fund needed for its business growth. Question #1 Increasing amount of borrowing despite of its consistent profitability came from following reasons. First is the firm’s financial position. As sales have increased by 60% from 1993-1995‚ the assets that support increase of sales increased
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Butler Lumber Case Study I. Statement of Financial Problem Butler Lumber Company‚ a growing profitable business has exhausted its credit limit and the key issues facing it are: 1. Need for additional funds to continue the growth 2. Need to consolidate debt 3. Need to improve cash flexibility. In this case study I will be discussing following problem: Why has Butler Lumber been profitable in the increasing volume of sales but at the same time it is experiencing cash difficulties
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Case Analysis‚ 2005 Supply Chain Management at World Co.‚ Ltd. Japanese consumers have a reputation of being highly brand name conscious. Although this trend still remains for some categories of people‚ especially young women who are sensitive to latest fashion trends‚ nowadays Japanese consumer are also starting to choose apparel that matches their tastes and life styles. Japanese apparel manufacturers design and develop their own products‚ oversee a number of production subcontractors‚
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The analysis «The Lumber Room» The text under analysis is written by an outstanding British novelist and short story writer Hector Munro. Hector Hugh Munro (December 18‚ 1870 – November 13‚ 1916)‚ better known by the pen name Saki‚ was a British writer‚ whose witty and sometimes macabre stories satirized Edwardian society and culture. He is considered a master of the short story and is often compared to O. Henry and Dorothy Parker. His tales feature delicately drawn characters and finely judged
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The analysis of the text “The Lumber - Room” by H. Munro. The text under analysis is written by an outstanding British novelist and a short – story writer Hector Munro. He was born in 1870 and died in 1916.Also he is better known for his pseudonym Saki. Owing to the death of his mother and his father’s absence abroad he was brought up during his childhood‚ with his elder brother and sister by a grandmother and two aunts. It seems probable that their stern and unsympathetic methods account for
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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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