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Essay

Continental Carriers

Essay specific features

 

Issue:

Business

 

Written by:

Edith C

 

Date added:

June 16, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

14 / 3806

 

Was viewed:

7695 times

 

Rating of current essay:

 
Essay content:

Furthermore with the appointment of Mr. Evans as president, the company became more profitable and experienced internal growth through intensive marketing and computerisation of operations. In order for the company to continue expanding its revenues the president Mr. Evans advocated the acquisition of Midland Freight...
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Evans advocated the acquisition of Midland Freight. External financing of $50 million would be required to accomplish this goal. However, the directors have a difficult challenge with regard to the appropriate method of financing. Through extensive discussion and evaluation the directors identified three distinct options, namely, selling $50 million in bonds at a 10% interest rate to a California Insurance Company or issuing 3 million in common stocks at $17...
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