Synopsis Inner-City Paint Corporation started in Chicago in a run-down warehouse by Stanley Walsh. They supply the paint to the immediate inner area. The main product of the corporation is the flat white wall paint; and they create colors only by demand. The company distributes mainly to the small/medium size decorating companies within the city. The company has shown gradual good market group within years. Inner-City Paint has grown from earning $60,000 yearly to now having sales of over $1,800
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from such sales or exchanges. 8. Net Capital Loss Carry Over * It is the net capital loss in a taxable year which cannot be deducted from ordinary income but which could be carried over to the next taxable year by a taxpayer other than a corporation as a deduction against net capital gain up to an amount not in excess of the taxable income. 9. Short-term capital gain or loss * It is the gain or loss arising from
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Improving the Reputation of Inner-City Paint Corporation Statement of the Problem What strategic step can Stanley Walsh make to improve the situation and reputation of Inner-City Paint Corporation? Objectives To analyze Inner-City Paint Corporation's current situation. To determine the company's strengths, weaknesses, opportunities and threats. To make an industry analysis on Inner-City Paint Corporation. To make a financial analysis of the Corporation. To recommend alternatives that
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C A S E 28 Inner-City Paint Inner-City Paint Corporation is a small company; it is located on the fringe of Chicago. Inner-City’s contain chief product is flat white wall paint sold in 5-gallon plastic cans. It also produces colors on request in 55-gallon containers. Sales have grown from approximately $60,000 to $1,784,080 with a profit of $17,610. Inner-City Paint Corporation employs 35 workers, of whom 25 are part-time employees. Inner city paints experience many strong deep issues include
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Case 24 Inner-City Paint Corporation (Revised) I. Synopsis Inner-City Paint Corporation started in Chicago in a run-down warehouse by Stanley Walsh. They supply the paint to the immediate inner area. The main product of the corporation is the flat white wall paint; and they create colors only by demand. The company distributes mainly to the small/medium size decorating companies within the city. The company has shown gradual good market group within years. Inner-City Paint has grown from earning
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Summary: Inner-City Paint Corporation is a small company that had steady growth. However, the slow down of the housing market in addition to an overall slow down in the economy caused financial difficulties for the company. Although the company has a few strengths and has a reputation for fast delivery, Mr. Walsh is overlooking a lot of opportunities that could solve his financial problems. He is also very reluctant to change his policies, procedures, management and financial structure which
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iv. S.W.O.T Analysis of Inner City Corporation Strengths - Competitive prices of its products. - Steady growth in its market. - The company's reputation had been built on its fast service; it frequently supplied paint to contractors within 24 hours. Weaknesses - Customers view Inner City as a company that negotiates on price and payment out of desperation. - His plant manager's only experience has been that of a painter. - Operating without management controls or financial controls
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Case Abstract 1) Identification a) Facilities: Inner-City Paint Corporation is controlled under one building. An issue arises with the condition, location and size of the building. The building is 45 years old and in disrepair. If this one building collapses for any reason all products, equipment and customer files are destroyed. The building is located on the south side of Chicago. Crimes happen all the time in this area, anything or anyone could easily destroy or steel this company’s property
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------------------------------------------------- ------------------------------------------------- Inner-City Paint Corporation (Revised) ------------------------------------------------- by Donald F. Kuratko and Norman J. Gierlasinski Δευτέρα 19 Μαρτίου 2013 Παρουσίαση της επιχειρηματικής μονάδας Inner-City Paint Corporation Υπάρχουσα κατάσταση με μια ματιά Η εταιρεία “Inner-City Paint Corporation” εδρεύει σε μια παλιά μικρή αποθήκη στη νότια πλευρά του Σικάγου από την ημέρα της ίδρυσης της
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In the late 19th century, Mark Twain and Charles Dudley Warner, penned a novel about the momentous expansion of the American economy and the unjust corruption of politics and corporations. The publication was entitled The Gilded Age. The reference to the word “gilded” means an object is covered in a thin layer of gold paint or gold leaf. The object Twain and Warner are referring to that was gilded was the state of the economy and the corporate corruption. This period was an era of greed, oppression
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