CASE #0 Butler Lumber Company Analysis I. Conclusion Based on the information and corresponding financial statements provided‚ we concluded that: Bulter Lumber Company has to collect money from outside resources to compensate its funding gap of 383‚000 USD. From the perspective of banker‚ we won’t approve Mr.Butler ‘s loan request From the perspective of firm’s financial advisor‚ it is better to finance from new shareholders than to borrow from bank. II. Analysis i. Funding gap There
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MEMO RE CLARKSON LUMBER TO: John Doe President‚ Northrup National Bank FROM: George Dodge Loans Officer‚ Northrup National Bank Clarkson Lumber Company is owned and operated by the hardworking‚ 49-year-old Mr. Clarkson. It has low operating expenses‚ a small staff‚ and strong management. The overall impression is one of a conservative‚ efficient operation. Clarkson himself leads a frugal lifestyle with little personal debt. Clarkson Lumber is a company experiencing
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night. Or the feeling of always living in fear and knowing that the next day just might not come? In the novel Room by Emma Donoghue‚ a little boy named Jack and his ’Ma’ are stuck in an endless circle of constant fear and living in the unknown. Jack and Ma are trapped inside room. A place where Jack calls home‚ but where Ma calls a prison. This novel is truly inspiring. In the novel Room one of the main characters is Jack’s mother who he calls Ma. I believe that I relate and closely identify with
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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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Butler Lumber After thorough review and analysis of Butler Lumber’s financial reports‚ I believe that it is in the best interest of Northrup National Bank to not only approve the requested $465‚000 loan‚ but look to increase the loan amount. A review of the 5 C’s will show in more detail the decision to approve this loan: 1. Capacity/Cash Flow: Butler runs a lean operation that has allowed them to have success due to competitive pricing. They have met their financing needs by increasing
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A Modified Point of View of Ernest Hemingway’s "A VERY SHORT STORY" One hot evening in Padua they carried me up onto the roof and I could look out over the top of the town. There were chimney swifts in the sky. After a while it got dark and the searchlights came out. The others went down and took the bottles with them. Luz and I could hear them below on the balcony. Luz sat on the bed. She was cool and fresh in the hot night. Luz stayed on night duty for three months. They were glad to let
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1. Why has Butler Lumber borrowed increasing amounts despite its consistent profitability? How has Mr. Butler met the financing needs of the company during the period 1988 through 1990? (It would be helpful to develop a cash flow analysis (use vs. source) and the cash flow statement based upon the income statement and the balance sheet provided in the case for the period of 1988 to 1990.) Through the period of 1988 to 1990 Mark Butler has met the needs of financing through decreasing the amount of
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Bruce Munro’s Light Installations Bruce Munro is a British installation artist. Installation art is three-dimensional and is mostly site-specific. They are intended to change space perception. Bruce Munro has taken installation art to new heights. He does large-scale installations that usually encompass entire parks to create entire exhibitions. His primary medium is light. He uses light to completely transform an area. His exhibitions are very unique. Typically in an exhibition‚ one
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My Ideal Classroom Students prefer different settings in which to learn‚ and teachers may be wise to create different scenarios inside of the classroom. A separated desk shielded by bookshelves could be good hide spot for a student who likes silence for individual learning. Most of the students like to learn and work as a group‚ so a round group table may be the ideal place for them to gather. I believe that the ideal classroom needs to be learner focused. According to Kearsley & Shneiderman (1999)
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The text under analysis is written by Hector Hugh Munro‚ 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 to be a master of the short story and is often compared to O. Henry and Dorothy Parker. In this story we learn about a young man James Cushat-Prinkly. He decides to marry and his relatives approve this idea. They find marriageable girl named Joan Sebastable. However‚ he marries another
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