...Clarkson Lumber Company Case : Assignment, Due October 4 1. In your group, assign a Team Administrator, a Notekeeper, and a Number Cruncher(s). These do not need to be independent roles (the Team Spokesperson may be the Number Cruncher, etc.). The other members of the group will contribute their thoughts and ensure that their spokesperson has all the relevant facts to speak for their group. a. The Team Administrator keeps the group on track to ensure that the discussion is on topic without venturing out of scope for this case. The key here is to develop an attractive solution in a relatively short period of time. b. The Notekeeper is capturing the group’s thoughts on paper to be used to develop a cohesive solution. This is very important so that no essential components of dialogue are lost during brainstorming. c. The Number Cruncher(s) will work through financials based on the proposed short-term financing. The financial results produced by this individual(s) will play a predominant role in determining the group’s proposal. You should use your best judgment for projections. 2. The case should be approached in a stand-alone fashion. There is no need to go looking for supporting data. You may make assumptions as appropriate. 3. You will need to: Be prepared to present any portion of the case orally (no need for slides) For the written report, follow this guideline but be sure to organize the report in story...
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...Clarkson Lumber Company Case Assignment : Due Oct 3 1. In your group, assign a Team Administrator, a Notekeeper, and a Number Cruncher(s). These do not need to be independent roles (the Team Spokesperson may be the Number Cruncher, etc.). The other members of the group will contribute their thoughts and ensure that their spokesperson has all the relevant facts to speak for their group. a. The Team Administrator keeps the group on track to ensure that the discussion is on topic without venturing out of scope for this case. The key here is to develop an attractive solution in a relatively short period of time. b. The Notekeeper is capturing the group’s thoughts on paper to be used to develop a cohesive solution. This is very important so that no essential components of dialogue are lost during brainstorming. c. The Number Cruncher(s) will work through financials based on the proposed short-term financing. The financial results produced by this individual(s) will play a predominant role in determining the group’s proposal. You should use your best judgment for projections. 2. The case should be approached in a stand-alone fashion. There is no need to go looking for supporting data. You may make assumptions as appropriate. 3. You will need to: Be prepared to present any portion of the case orally (no need for slides) For the written report, follow this guideline but be sure to organize the report in story format...
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...maintain relations with strategic business partners, and may provide more flexible and creative resolutions to disputes (Clarkson, Cross, Jentz, & Miller, 2004). Negotiation, mediation, and arbitration are the most popular types of ADR (Bagley & Savage, 2010). For the benefit of business managers, this paper will review what is involved in the each ADR process, recommend steps to prepare for each type of action, look at some advantages and/or disadvantages of each, and discuss how legally binding the decided outcome of each ADR may be for the parties involved. One of the most simple and least formal types of Alternative Dispute Resolution (ADR) is negotiation. During a negotiation the disputants meet informally, with or without council, to attempt to settle their differences (Bagley & Savage, 2010). In some cases the court may require that the parties attempt to negotiate before a trail to attempt to reach a resolution and will only hear the case if cannot reach an agreement on their own accord (Clarkson, Cross, Jentz, & Miller, 2004). The disputing parties may also resolve their differences in a less confrontational manner through conciliation, where a third party conciliator schedules negotiation meetings and acts as a go-between delivering messages and offers to each party; the conciliator does not normally recommend a solution (Clarkson et al, 2004). Along with reviewing the relevant information, negotiation specialist Raphael Lapin (2007) claims there...
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...The Clarkson Lumber case is about Mr. Clarkson seeking a loan that does not require a personal guarantee. The Northrup National Bank is in the process of investigating the Clarkson Lumber Company to whether or not to extend a line of credit of $750,000. However, Mr. Clarkson was only seeking for fewer amounts; thus, he assumed the line of credit would be an advantage to generate more profits into his company. In addition, The Clarkson Lumber Company is waiting on its approval based on its financial statements. Therefore, I believe Northrup National Bank should not extend the line of credit to Mr. Clarkson and his company due to the company’s highly leveraged. In 1993, a financial ratio of debt/equity of 0.82 shows a good sign of the company that they were not using its debt quite often to produce a larger profit. Although, as the years progressed, the Clarkson Lumber Company’s debt equity ratio began to increase each year until it reached a debt/equity of 2.58 in 1996. Therefore, the company has two dollars of debt for every dollar of equity. If Mr. Clarkson generates more profit through his company, it may result into volatile earnings since the company holds more risk because of too much borrowing. Since the company was short in cash, Mr. Clarkson assumed that by borrowing more and more will resolve the issue. Nevertheless, by having the Clarkson Lumber Company used too much of its debt definitely misled Mr. Clarkson’s vision since he did not realize how much of his company’s...
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...Oakdale Administrator Case Facts Oakdale is in need of revitalization of its city, to improve its economic growth and public satisfaction. Oakdale is a “small municipal government with a weak economic base in the inner suburbs of a large city” (Cropf & Loutzenhiser, 2012, p. 79). With small budgets and limited funds, parts of the city have deteriorated so badly that some citizens find Oakdale to be an eyesore badly enough that they claim to live in a nearby city, which they use as their mailing address, that also causes problems as the mail is then mislabeled and is delivered incorrectly. Back in 2008, Oakdale’s annual budget was $3.5 million, and because of the economic conditions in Oakdale they are behind other similar sized cities in “both revenues and expenditures” (Cropf & Loutzenhiser, 2012, p. 81).It would be almost impossible to make the necessary changes without raising taxes or eliminating jobs, with the economic structure the way it currently is, that is not part of the solution but more a part of the problem....
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...Case Write-up #1 Clarkson Lumber Company Background Clarkson Lumber Company (CLC) is a successful finished wood products company with a promising future, yet needs to apply sound managerial financing policies to continue to be competitive in this market. The sole owner, Keith Clarkson, is dedicated to his profession and has a good reputation among his suppliers and customers. CLC's sales have been consistently growing over the past several years, rising 19% from 1993 to 1994, 30% from 1994 to 1995, and are expected to rise 21.7% in the current year, 1996. The company's products are in demand in the growing Pacific Northwest metropolitan area where they are located and are somewhat protected from the effects of economic downturns in construction because the company's core competencies are associated with the repair business. The NAICS code for CLC is 3219110-wood window and door manufacturing. This industry is comprised of over 1000 firms with a combined revenue of over $8 billion. In order to remain profitable in this industry, a successful firm must rely on efficient manufacturing processes and distribution networks. The company's existing strategy relies heavily on trade credit and short term debt to finance organic growth. CLC’s current lender, Suburban National Bank, will not lend more than $400,000 and the company will not be able to meet expected sales demand without additional financing beyond this amount. Additional funds needed (AFN) is calculated...
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...the head with an ax while he slept (Trifles 216). Trifles, written in the early 1900’s by Susan Glaspell. Glaspell wrote this play during a time of controversial feminist issues. Glaspell wrote "Trifles" to demonstrate the male assumption that women were insignificant members in a male dominated society. Because the men underestimate them, the women are able to prove they are not insignificant. The play opens at the Wright farmhouse where Mr. Wright has been murdered in his sleep. They entered in the house: county attorney, the sheriff, Mrs. Hale, and Mrs. Peters. The men and women have come to investigate the case against Minnie Foster, the wife of Mr. Wright. Most of the stuffs which the male characters supposed to be insignificant objects like the broken bird cage door, the quilt, the dead canary, and the entire kitchen consequentially lead to the solution (Trifles 219). The improper assumptions by men toward women can have dire consequences, as demonstrated in Glaspell's world. Combating these narcissistic assumptions displayed by men can result in a unity among women that can overcome any male caused disrespect and oppression. The title of this drama "Trifles" demonstrates how men had the assumption that woman and their respective actions are seemingly unimportant. The women in this story overcome the men by uniting together against male oppression. Through the story "Trifles" Glaspell is able to bring awareness to the unfortunate conditions women faced, and the...
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...The Loud Speaker Campaign Tactics BUS405 The Labor Relations Process July 30, 2011 Abstract This paper is focus on the Loud Speaker Tactics. Acoustical Enterprises makes commercial audio soundproofing material at a company in Echo, South Dakota. The Union filed an appeal with the NLRB requesting authorization as the private bargaining representative of Acoustical manufacture and maintenance workers On December 20. As the election came near, the key issue became the salaries and benefits obtained by the non-union workers at the Echo organization set against those received by unionized personnel at a Bronx, New York, business owned by the Acoustical Enterprise. The Board has petition a cross-application for implementation of its charge. Learning that the Board abused its freedom of choice in confirm the Union as the private bargaining spokesperson of Acoustic personnel’s. The Employer acknowledges refusing to bargain but argued that the Union had been incorrectly certified, and therefore no legal duty to bargain could be imposed (Holley, 2010). Explain the captive audience, 24-hour rule. Captive-audience policy applies to a legal rule prohibiting an individual from making intrusive language. This is identified as the captive-audience law. The rule is recognized under constitutional law and labor law. With the labor law, it veto’s a party to a union vote from speaking on company time to a form assembly of workers inside 24 hours of an election. A status quo in...
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...Introduction Jim Fogle has worked in the technical sector for more than 30 years. He has held various positions within the same company throughout his career. During this time, he has witnessed the introduction of new technologies while countless others have gone obsolete. Although Fogle possesses several years of proven industry experience, his career path does not reflect his performance or skills. In fact, Fogle’s career has tended to move on a downward slope. Originally a member of the Engineering department, Fogle has found himself serving within progressively “lesser” roles. Twenty years ago, Fogle served as an area support manager and coordinated technical service and support over the Southeast region. Fifteen years ago, Fogle served as a trainer for contractors seeking product certification. Now in his mid-fifties, he provides over-the-phone support for a network of certified technicians. Each of Fogle’s positions has provided further insight into various aspects of the information technology industry. Fogle is also in a unique position as he is able to leverage knowledge of previous technologies in addition to that of current product lines. His situation; however, is an interesting paradox, as his career path has progressively moved him into positions with fewer opportunities for advancement rather those with upward mobility. Rarely, has Fogle been granted the opportunity to interview for a promotion. He has even been approached on occasion...
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...com/2011/10/accounting-principles-weygandt-9th.html Accounting Principles Weygandt Kieso Kimmel 9th Edition Solutions Manual -------------------------------------------------------------------------- Name: Accounting Principles Author: Weygandt Kieso Kimmel Edition: 9th ISBN-10: 047031754X Type: Solutions Manual - The file contains solutions and questions to all chapters and all questions. All the files are carefully checked and accuracy is ensured. - The file is either in .doc, .pdf, excel, or zipped in the package and can easily be read on PCs and Macs. - Delivery is INSTANT. You can download the files IMMEDIATELY once payment is done. If you have any questions, please feel free to contact us. Our response is the fastest. All questions will always be answered in 6 hours. This is the quality of service we are providing and we hope to be your helper. Delivery is in the next moment. Solution Manual is accurate. Buy now below and the DOWNLOAD LINK WILL APPEAR IMMEDIATELY once payment is done! Prepare to receive your Accounting Principles Solution Manual in the next moment. -------------------------------------- Accounting Principles Solution Manual Here’s a sample list of all other solutions manuals we have, if you need any one of them please contact us at solutionsmanualzone@gmail.com -A Transition to Advanced Mathematics by Douglas Smith, Maurice Eggen 5 Solution Manual -Accounting by Carl S. Warren, James M. Reeve 24 Instructor's Manual -Accounting by Carl...
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...Land Use Control in Hydraulic Fracturing Prepared for Katherine Wears, Phd. Professor and Assistant Dean at Clarkson University Prepared by Martin Sable Student, Masters in Engineering Management at Clarkson University August 10, 2014 Executive Summary This paper will review the process of hydraulic fracturing, its effects on the environment, and the opposition against the practice. A chronological discussion of lobbying activities and regulatory actions will be discussed, with a particular focus on land use control. A discussion of some of the past and potential future litigation on land rights related to the subject will be covered. The paper will end with the author’s opinion on the subject and of the potential future of the industry. Background Hydraulic Fracturing is a method of simulating well production in both natural gas and oil wells. It was first introduced in 1947, and was adopted for commercial applications as early as 1949.15 The process involves drilling wells deep into ground rock formations, then injecting fluids at high pressure into the ground. The high pressure causes fracturing of the rocks that release gas or oil into the wells that may then be extracted. In 1968 high-volume hydraulic fracturing (HVHF) was introduced, in an effort to tap into the large shale basins containing deposits of natural gas. The main difference between this and conventional hydraulic fracturing is tremendous volume of fracturing fluids that are pumped...
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...Perspective Ibrahim El-Husseini Jake Leslie Melville Sean Wheeler Satyajeet Thakur Anchoring Success Effective Management of Energy Companies’ Shipping Interests Contact Information Beirut Georges Chehade Partner +961-1-985-655 georges.chehade@booz.com Ibrahim El-Husseini Partner +961-1-985-655 ibrahim.elhusseini@booz.com Fadi Majdalani Partner +961-1-985-655 fadi.majdalani@booz.com Dallas Andrew Clyde Partner +1-214-746-6566 andrew.clyde@booz.com Dubai Dr. Ulrich Kögler Partner +971-4-390-0260 ulrich.koegler@booz.com Eric Dahl Senior Executive Advisor +971-4-390-0260 eric.dahl@booz.com Sean Wheeler Principal +971-4-390-0260 sean.wheeler@booz.com Satyajeet Thakur Senior Associate +971-4-390-0260 satyajeet.thakur@booz.com Kuala Lumpur Edward Clayton Principal +603-2095-2088 edward.clayton@booz.com London Viren Doshi Senior Partner +44-20-7393-3572 viren.doshi@booz.com Jake Leslie Melville Partner +44-20-7393-3425 jake.melville@booz.com São Paulo Arthur Ramos Partner +55-11-5501-6229 arthur.ramos@booz.com Vivek Joshi, Kenneth Kanara, Tamer Obied, Sophie Outram, Anil Pandey, Abdul Rahman Saleh, and Sonal Singh also contributed to this Perspective. Booz & Company EXECUTIVE SUMMARY For decades, major energy companies have been at the forefront of the global shipping of hydrocarbons. Producers have played an instrumental role in the development of all aspects of the business, including the design of the ships and the establishment of standards that ensure high-quality...
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...Case Studies Solutions Case Studies Solutions,Article Writing,Assignments,Research Work,Home Work MenuSkip to content Home How We Work ? Refund Policy How to Order ? Disclaimer Contact Us Finance Cases List POSTED ON MARCH 8, 2013 Hello, If u want us to solve any case study from below list, do contact us anytime, We are here to provide the experience, expertise, and professionalism that you are looking for , Our tutors are available 24/7 to assist you what you need, Click Here to submit your Order. ======================================================================================= Acquisition of Consolidated Rail Corp. by Benjamin C. Esty Airbus A3XX: Developing the World’s Largest Commercial Jet by Benjamin C. Esty American Chemical Corp.by William E. Fruhan, John P. Goldsberry American Home Products Corp.by David W. Mullins AQR’s Momentum Funds by Daniel B. Bergstresser, Lauren H. Cohen, Randolph B. Cohen, Christopher Malloy Arundel Partners: The Sequel Project by Timothy A. Luehrman AXA MONY by Andre F. Perold, Lucy White Beta Management Co. by Michael E. Edleson Butler Lumber Co. by Thomas R. Piper Cartwright Lumber Co.by Thomas R. Piper Citigroup 2007: Financial Reporting and Regulatory Capital by Edward J. Riedl, Suraj Srinivasan Clarkson Lumber Co. by Thomas R. Piper Cooper Industries, Inc. by Thomas R. Piper Cost of Capital at Ameritrade by Erik Stafford, Mark L. Mitchell Debt Policy at UST, Inc. by Mark L. Mitchell Dell’s Working Capital...
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...FIN 4414 Financial Management Course Syllabus Spring 2010 Term INSTRUCTOR: Dr. T. Craig Tapley Graham-Buffett Master Lecturer of Finance Section: Section: Room: 2109 – Monday and Wednesday, Periods 3-4 (9:35 a.m. – 11:30 a.m.) 7111 – Monday and Wednesday, Periods 5-6 (11:45 a.m. – 1:40 p.m.) 112 Matherly Hall Office Hours: Wednesday (2:00 p.m. - 3:00 p.m.) Thursday (1:00 p.m. - 2:30 p.m.) CONTACT INFORMATION: Office: Phone: Fax: E-Mail: 329 David Stuzin Hall (352) 392-6654 (352) 392-5237 ctapley@ufl.edu http://vista.courses.ufl.edu/ Class Webpage: COURSE MATERIALS: TEXTBOOK 1. Financial Management: Theory and Practice (12th Edition), Eugene F. Brigham and Michael C. Ehrhardt, Thompson/South-Western, 2008, ISBN: 0-324-42269-5. The official textbook for the class will be an excellent reference book as you start your career, as you may easily find that there will be times, on the job, when you need to reference prior material, or formulas, covered in your corporate finance classes at UF. However, books have become somewhat expensive, so you may, instead, purchase the 11th or 10th Edition of the book, typically at a cheaper price, through various online booksellers. However, there are minor differences between the 10th, 11th, and 12th editions; mainly in the order of the chapter. These differences should not impact your ability to perform well in this class, but you may need to map the chapters in the 10th or 11th Edition to those assigned in the 12th Edition. This is...
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...Q1) ONE OF THE MORE PRESTIGIOUS JOBS IN THE FINANCE INDUSTRY IS BEING AN ACCOUNTANT. THE QUALIFYING PROCESS TAKES A LONG TIME BUT STUDENTS ARE NOT DETERRED. Accountants are employed by private accountancy firms, commercial businesses and industrial organisations or within the public sector. Their work entails: preparing accounts and tax returns; auditing financial information; giving financial advice; dealing with insolvency cases; meeting and interviewing clients; compiling, analysing and presenting information; and writing reports. Qualification Process In Malaysia, the word 'accountant' is protected. The Accountants Act 1967 established the Malaysian Institute of Accountants (MIA) as the national regulatory body for accountants. All persons practising as accountants or auditors in Malaysia are registered with Malaysian Institute of Accountants (MIA). Subsequent to the amendments to the Accountants Act 1967, which took effect on 28 June 2001, MIA members are now made up of 3 different groups of accountants. They are: Chartered accountants (previously public accountants and registered accountants) Licensed accountants (people who qualified via their vast work experience and were in practice prior to 1967, or members of the Malaysian Society of Accountants who passed any of the final examinations of that body last held in December 1992 and have gained 3 years' worth of related working experience) Associate Members (generally, academics who are currently teaching at universities...
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