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Essay heading: Butler lumber
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Issue: Business
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Date added: April 25, 2002
No of pages / words: 5 / 1362
Was viewed: 0 times
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Butler has been successful in keeping current on its debts, and based on projections should have the means to start paying these debts down. From the bank’s perspective, there’s little risk involved. With the industry expected to grow so much in the next year, Butler will be in a strong position, and potentially interested in borrowing more at the end of 1991...
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With the industry expected to grow so much in the next year, Butler will be in a strong position, and potentially interested in borrowing more at the end of 1991. Butler Lumber Co. should take the short term loan and if necessary roll the $157,000 trade credit into it. Nature of the problem Butler’s short-term loan options are completely maxed out, so the company has no cash flexibility...
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