Midland Chemical Assignment Midland Chemical Co. is negotiating a loan from Manhattan Bank and Trust. The small chemical company needs to borrow $500‚000. The bank offers a rate of 8 ¼ percent with a 20 percent compensating balance requirement‚ or as an alternative‚ 9 ¾ percent with additional fees of $5‚500 to cover services the bank is providing. In either case the rate on the loan is floating (changes as the prime interest rate changes). The loan would be for one year. a. Which loan carries
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Arun Chhikara PGDM-IB-208 BATCH 2011-13 BIMTECH Arun Chhikara PGDM-IB-208 BATCH 2011-13 BIMTECH Woodson Chemical Company Woodson Chemical Company Executive Summary Excellent customer service is a way to set the organization apart from its competitors. Differentiation can be achieved through fast and correct execution of product ordering. To improve on the order process it is important to have the correct information provided in a timely fashion to all divisions. For integration to be
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Whirland Chemical Company There are a number of factors with Whirland Chemical Company that raise concern and increase the audit risk of this company. We will go over the major concerns one by one‚ and then determine the level of audit risk we are willing to accept on this engagement. * a) b) * First of all‚ we are auditing Whirland for the first time. Because this is the first time we are auditing Whirland‚ a lot of research has to be done on the operations of the company. We need
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Introduction: Ovania Chemical Corporation is a specialty chemicals producer. Its core product is polyethylene terephthalate (PET) thermoplastic resins‚ which are used mainly to make containers and packages for bottled water‚ soft drinks‚ foods‚ and pharmaceuticals. Their main plant is located in Steubenville‚ Ohio. Though smaller than other chemical producers that produces globally‚ it has competed successfully in its niche of the US specialty chemical business. Recently advances in technology have
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WGP CHEMICAL COMPANY CASE STUDY 1. What is the total distribution cost for W-G-P Chemical Company? What is the cost per pound‚ cubic foot‚ case‚ line‚ and order? How can these measures contribute to the distribution review process? In order to calculate the total distribution cost‚ carrying cost must be calculated. Inventory carrying cost rate was given as 18%. The formula is Annual carrying cost=average inventory level * carrying cost rate Average inventory was given in table 4 as $90 million
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The Grayson Chemical Company I. Problems A. Macro 1. Grayson has become stagnant‚ failed to change‚ and is no longer competitive. 2. The current people at Grayson are not acceptable to change. 3. There is a culture of doing things by the book. B. Micro 1. Incompetent managers promoted. 2. Board does not have a consensus of opinion. II. Causes 1. Grayson has not been proactive with its environment. 2. Corporate culture is very resistant to change. 3. Board does not speak with one
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Chemical Bank : Implementing the Balanced Scorecard Submitted By : Group 12 KUSHAL KISLAY FT151093 MEHUL JAIN FT152088 SIDDHARTHA PAUL FT154003 VIVEK KHATTAR FT154063 JAYANTH SATHEESH FT152025 Background • Chemical Banking Corporation was performing a radical organizational transformation into a marketfocused and customer-focused organization after the 1991 merger with the Manufacturers Hanover Corporation. • Shift its image from a narrow provider of traditional financial services to a broader
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Dow Chemical Accounting Homework Dow Chemical Company is a manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services. Its product lines include chemicals‚ advanced materials‚ agro-sciences and plastics businesses. Attached are the excerpts from Dow Chemical’s Annual report for 2012. Based on the information in the financial statements and footnotes‚ please‚ answer the questions below. Assume a tax rate of 35%. 1. Which cost flow assumptions
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SWOT analysis details Strengths Strong market position in the Philippines banking market Metrobank is one of the three largest banks in the Philippines. Metrobank currently spans a consolidated network of over 1‚400 ATMs nationwide; over 760 domestic branches; and 38 foreign branches‚ subsidiaries‚ and representative offices. The bank’s customer base covers a cross section of the top Philippine corporate market‚ but has always been particularly strong in the middle market corporate sector of the
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COOLIDGE BANK AND TRUST COMPANY The Coolidge Bank and Trust Company received its charter from the Commonwealth of Massachusetts in July 1960‚ was founded by a group of merchants and businessmen who were dissatisfied with the quality of service provided by the local bank in Watertown. The leader of the group‚ Mr. Milton Adess having no banking background focused on retail and introduced some new innovations as no-service-charge during 1964. They went ahead with dropping their $100 minimum balance
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