Butler Lumber Essay

  • Case Study: Butler Lumber

    Subject: Butler Lumber Company Problem: Whether Mr. Mark Butler should go ahead with financing from Northrop National Bank or should stay with Suburban National Bank. Options: 1) Enter into a loan agreement with Northrop National Bank for USD 465,000 (Assumption: The condition to sever the relationship with Suburban National Bank applies to Short Term Loan only) 2) Continue short term lending relationship with Suburban National Bank for USD 250,000 and secure the company’s loan with real property Recommendation: Given available data, Butler Lumber company should enter into a loan agreement with Northrop National Bank for USD 465,000 Analysis: Our recommendation to Mr. Mark Butler to enter into agreement with Northrop Bank for line credit of USD 465,000 is based on the following factors: External Financing Need We assessed the company’s external financing need in 1991 based on the following scenarios: a) The current quarter net sales of 1991 attributes 26% of annual sales of company in 1991, since first quarter sales of 1990 contributed 26% of total 1990 net sales and hence the total net sales projected for 1991 is USD 2.77 Mn. Balance Sheet and Income statement have been projected at percentage of sales (Please refer to exhibit no. 1). In this scenario, we assume company…

    Words: 1425 - Pages: 6
  • Butler Lumber Company Case Study

    Noah Lackstein - 260524490 Kayley Lankinen - 260534412 Elliot Leimer - 260447577 Noah Seltzer - 260532481 Subject: Butler Lumber Company Problem: The Butler Lumber Company does not have adequate cash on hand to manage their operations, and has become reliant on trade credit and sometimes late payment of accounts payable to manage their cashflow. With sales projected to increase by 25% to 35%, the company must decide whether to accept a larger line of credit from Northrop National…

    Words: 1999 - Pages: 8
  • The Effects Of Defoorestation On The Global Environment

    contribution to climate imbalance. This problem is very evident in Amazon. The Amazon Rain forest covering over of 2 million sq. miles. The vegetation in this area is responsible for the production of over 20 percent of the world’s oxygen supply. (Butler 1) These same trees and plants function as a large storage area for carbon. The elimination of the forests in this area and around the world reduce the earth’s ability to produce oxygen and remove carbon dioxide from the atmosphere. Higher…

    Words: 1712 - Pages:
  • Johnny Appleseed Research Paper

    concentrations of carbon dioxide have never been higher. Before the Industrial Revolution, CO2 levels in the atmosphere were measured to be around 280 ppm (part per million), which has since risen to more than 400 ppm (Butler 1). With carbon dioxide production so high and on the rise, it is obvious that more trees are needed than ever before to counter global warming, and yet we continue to remove them faster than we can repair. The effects of deforestation are only just beginning to be seen,…

    Words: 1268 - Pages:
  • Mussels And Water Quality Essay

    often may apply to others. By far, there is more published information on the effects of impoundments than on all other hydrologic impacts combined, and this review is dominated by that subject. Other subjects are not covered in any detail because they are too infrequent or ancillary to North American mussel conservation. For example, log runs in Finland are known to damage mussel populations (Valovirta 1990), but this is probably not a widespread problem. Keywords: freshwater mussels, water…

    Words: 9708 - Pages: 39
  • How To Win Friends And Influence People Analysis

    to make people shun you and laugh at you behind your back and even despise you, here is the recipe: Never listen to anyone for long. Talk incessantly about yourself. If you have an idea while the other person is talking, don't wait for him or her to finish: bust right in and interrupt in the middle of a sentence. Do you know people like that? I do, unfortunately; and the astonishing part of it is that some of them are prominent. Bores, that is all they are - bores intoxicated with their…

    Words: 89910 - Pages: 360
  • How To Win Friends And Influence People Analysis

    to know how to make people shun you and laugh at you behind your back and even despise you, here is the recipe: Never listen to anyone for long. Talk incessantly about yourself. If you have an idea while the other person is talking, don’t wait for him or her to finish: bust right in and interrupt in the middle of a sentence. Do you know people like that? I do, unfortunately; and the astonishing part of it is that some of them are prominent. Bores, that is all they are - bores intoxicated with…

    Words: 79355 - Pages: 318
  • Juvenile Delinquency Case Study

    the following: 1. Russian music of the 18th and 19th centuries. 2. Music of the 30s-40s. 3. Contemporary music. 12. Do some library research and write an essay on: The development of music in the multinational countries (Russia, the USA, Canada). Unit Five TEXT From: THE LUMBER-ROOM ByH. Munro Hector Munro (pseudonym Saki, 1870-1916) is a British novelist and a short-story writer. He is best known for his short stories. Owing to the death of his mother and his father's absence…

    Words: 113881 - Pages: 456
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