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Essay

Butler lumber

Essay specific features

 

Issue:

Business

 

Written by:

David L

 

Date added:

February 12, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1362

 

Was viewed:

1767 times

 

Rating of current essay:

 
Essay content:

The interest on the new loan would be prime + 2%. The co-founder, Mark Butler, owes a major note to the other original partner, who Mark bought out. He has a mortgage on his 12-year-old house and no other significant investments. Mark’s personal references indicate that he is hard-working and watches his business very closely...
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Mark’s personal references indicate that he is hard-working and watches his business very closely. Mark’s current outstanding debts are as follows: Bank note for $247,000 Outstanding debt from trade partners $157,000 Accounts payable $343,000 Accrued expenses $51,000 Current portion of long-term debt $7,000 Long-term debt $43,000 Total liabilities $848,000 Net income is projected at $56,000 based on projected sales of $3...
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General issues of this essay:
Robert Butler Bad debts Butler Lumber Case Study Butler Lumber Company Butler Lumber Company Butler Lumber Company Butler Lumber Company Butler Lumber Butler Lumber Butler lumber Butler Butler Butler Butler Butler Yeats
 

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