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Clarkson Lumber Company
Essay specific features
Written by:
Edwardo H
Date added:
December 29, 2016
Level:
University
Grade:
A
No of pages / words:
1 / 279
Was viewed:
2567 times
Rating of current essay:
Essay content:
The quick ratio is 0.61 is less than the industry is 0.90. Both these ratios serve to point out the lack of cash in this company. The cash flow has been decreasing because, it takes longer to get the money from customers, but the company still needs to pay for its purchases. Also, the company couldn’t go over the $400,000 loan limit, so they were forced to stretch their cash...
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The cash flow has been decreasing because, it takes longer to get the money from customers, but the company still needs to pay for its purchases. Also, the company couldn’t go over the $400,000 loan limit, so they were forced to stretch their cash.
Return on sales is decreasing and is below the industry average, but the goods news is that sales and profits have been increasing each year...
displayed 300 characters
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