its liabilities, which is not a good sign since cash should be used for investment purposes. As we can see from Exhibit 4 (Cash flow from operations), cash balances have been depleting year by year with a total decrease of $17000 over the years 1988-1990. Butler Lumber has two options to support the company’s operations. The first presents itself in the form of a loan from the Suburban National Bank of $250000, who have asked them to secure the loan with real property, which shows that the company’s
Words: 3457 - Pages: 14
by 10%, and sales increase by 6% per year. Using the COGS/Net Sale and Total Expense/Net Sales of 1987, we can estimate that of 1990. When estimate the debt, we use the same rate as Interest/(COGS+Expense) in1987，because Debt is more closely related to the COGS and Expense. Then the income statement of 1990 is as follow: | Income Statement |1987 |1988 |1989 |1990 | |Net sales |5,000 |5,000 |5,300 |5,618 | |COGS |3,075 |2,921 |3,097 |3,282 | | Gross profit |1,925 |2,079 |2,203 |2,336 |
Words: 731 - Pages: 3
rave and breakbeat hardcore in the United Kingdom in the early years of the 1990. Since its introduction in the 1980’'s, bass culture has undergone significant transformation in terms of style and incorporating dance elements from different music genres such as dancehall, hip hop, funk, and electro music among other music genres. Some of the pioneers considered having brought the bass to the UK between the years 1980-1990 include Joey Beltram, CJ Bolland, L.A. Style, and Richie Hawtin. However, historical
Words: 1531 - Pages: 7
version which came after a review done by the UN-Secretary General who added four new targets to the previous framework of 2003. The base year however, remained 1990. PAKISTAN’S MDG PROGRESS (Planning Commision, 2013) Pakistan, being a member of UN has had the opportunity to develop under the UN programs and goals. The MDGs sets in 1990 are no exception. Pakistan has taken on the eight goals of MDGs. The progress is measured by the 16 targets; subdivided into 41 indicators. Below is a description
Words: 2152 - Pages: 9
PART I INTRODUCTION: MARKETS AND PRICES CHAPTER 1 PRELIMINARIES TEACHING NOTES The first two chapters reacquaint students with the microeconomics that they learned in their introductory course: Chapter 1 focuses on the general subject of economics, while Chapter 2 develops supply and demand analysis. The use of examples in Chapter 1 facilitates students’ complete understanding of abstract economic concepts. Examples in this chapter discuss markets for prescription drugs (Section
Words: 1824 - Pages: 8
Japan in the global economy, we can divide the period in four phases. First – War reconstruction Second – high growth Third – stable economy growth Forth – “bubble” After World War II, the Japanese economy struggled to recover until it received a boost from the so-called special demands from the Korean War. To improve the production capacity of the economy, the Japanese government adopted the priority production system, focusing on the production of steel and coal, expecting spill over effects
Words: 1208 - Pages: 5
1. 周期失业 1) Definition of 'Cyclical Unemployment': Cyclical unemployment is the fluctuating rate of unemployment resulting from swings in the business cycle. It's known as cyclical because, when the economy re-enters the expansion phase of the business cycle, the unemployed will get rehired. Cyclical unemployment is temporary -- although it could last anywhere from 18 months (the typical time frame of a recession) to ten years (during a depression). 2) Reasons: Cyclical unemployment results
Words: 1121 - Pages: 5
TABLE 1: Intuit Corp Balance Sheet 1988 1989 1,059,000 1,884,000 Accounts Receivable 0 0 Inventory 0 0 Current Asset 741,000 2,228,000 Net Fixed Assets 446,000 1,752,000 0 0 2,246,000 5,864,000 945,000 1,894,000 Long Term Debt 0 0 Pension Benefit Obligations 0 0 Common Stock Equity (Net worth) 1,301,000 3,970,000 Total Liabilities and Equity 2,246,000 5,864,000 1988 1989 Revenue 6,067,000 18,658,000 Cost of Sales (ex D&A) 2,185,000 6,853,000 General Expenses
Words: 2850 - Pages: 12
y reformsFiscal Policy Reforms since the 1990s The fiscal imbalances of the 1980s spilled over to the external sector resulting in the macroeconomic crisis of 1991. Another disquieting feature of the fiscal system was the large size of monetised deficit, which in turn exerted inflationary pressures. The reforms aimed at augmenting revenues and removing anomalies in the tax structure through restructuring, simplification and rationalisation of both direct and indirect taxes. Deterioration of the
Words: 4547 - Pages: 19
int. j. prod. res., 2004, vol. 42, no. 1, 131–163 Understanding supply chain management: critical research and a theoretical framework I. J. CHENy* and A. PAULRAJy Increasing global cooperation, vertical disintegration and a focus on core activities have led to the notion that firms are links in a networked supply chain. This strategic viewpoint has created the challenge of coordinating effectively the entire supply chain, from upstream to downstream activities. While supply chains have existed
Words: 17828 - Pages: 72
