Butler Lumber Case Analysis Question 1 Butler Lumber, a retailer of lumber products in the Pacific Northwest area, experienced a time of growth in the spring of 1991 (Harvard College, 2002, p.1). The company looked to take out a loan to grow business operations. The maximum loan offer from Suburban National Bank was $250,000 (Harvard College, 2002, p.1). This loan also required a pledge of property from company owner, Mr. Butler, to secure it. However, Northrop Bank would offer a loan
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Case Analysis: Butler Lumber Company (2011-05-03 06:06:15) 转载▼ 标签:mbacorporatefinancecasestudybutlerlumber财经 | 分类: CorporateFinanceCaseStudy | HARVARD BUSINESS SCHOOL 9-292-013 REV: JANUARY 4, 2002 Butler Lumber Company To examine Butler’s current financial situation and to answer the question of how well Butler is doing are not an easy task. There are many things to look into. Let us start with net working capital. Net working capital= current assets- current liabilities
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Butler Lumber Company Financial Proposal Analysis & Conclusions Based on the analysis on Butler Lumber’s financial statements (Exhibit 1), we conclude that, for sole trader companies like this, it has been growing fast for the past years, as shown in an increase of Sales from 19% in 1989 to 34% in 1990. There is also a slow and steady growth in net income. Butler Lumber uses most of its cash in inventory, occupying 179,000 out of 475,000. Also, stocks’ SAF is positive for 1988-1990 and 1990-1991
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BA 5802 Financial Management Case Study 1 Emre BULUT Butler Lumber Company 2056281 | | | | | | | First Quarter | | | | | 1988 | 1989 | 1990 | 1991 | | | | | | | | | | | Current Ratio | (CA/CL) | | 1.80 | 1.59 | 1.45 | 1.35 | | Quick Ratio | ((CA-Inv)/CL) | 0.88 | 0.72 | 0.67 | 0.54 | | Inv. Turnover | (Sales/Inv) | 7.10 | 6.17 | 6.44 | 1.29 | | DSO | | (Rec*365/Sales) | 36.78 | 40.25 | 42.95 | 175.38 | | FA Turnover | (Sales/FA)
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Alabama Atlantic would like to determine the optimal shipping routes for its lumber and the amount to be shipped on each route, in order to minimize the total equivalent uniform annual cost. It is my understanding that the company has three sources of wood, with annual availabilities of 15, 20, and 15 million board feet respectively. Additionally, the company has 5 markets it sells to, which have annual demands of 11, 12, 9, 10, and 8 million board feet respectively. Because the estimated supply
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The Lumber Room (by H.Munro) 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 macabrestories 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 narratives
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Ozark Furniture Company Ashford University MAT 221 “Maple rockers. Ozark Furniture Company can obtain at most 3000 board feet of maple lumber for making its classic and modern maple rocking chairs. A classic maple rocker requires 15 board feet of maple, and a modern rocker requires 12 board feet of maple. Write an inequality that limits the possible number of maple rockers of each type that can be made, and graph the inequality in the first quadrant.” Ozark Furniture Company In this paper
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the term used for a tree that has not yet been processed into lumber. On the contrary, lumber is generally accepted as the wood that is no longer attached to the ground and is often seen as the laid down or processed wood. Secondly, timber is usually the term used for a piece of wood that still has its bark on whereas lumber is usually bark-less in nature. The latter usually undergoes a drying process and has a firm finish to it. Lumber is often prepared with accurate measurements and is almost always
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industrial treated wood products, specializing in the production of railway ties and timbers as well as wood poles supplied to electric utilities and telecommunications companies. The Company also provides treated residential lumber products and customized services to lumber retailers and wholesalers for outdoor applications. Other treated wood products include marine and foundation pilings, construction timbers, highway guardrail posts and treated wood for bridges. The company has treating and pole
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head quarters, which manages several small mills. It is been newly renovated with new operating machinery 5 years previously and has been in operating for 30 years. Its operations involve the production of high grade lumber products from raw logs received in its yard. Its finished lumber products are sold in an international market that is very price competitive. Treetop relies on a central marketing company, which also represents several of its competitive mills, to market its products. Product
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