SureCut Shears, Inc

Essay specific features

 

Issue:

Business

 

Written by:

Rhonda S

 

Date added:

September 27, 2014

 

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Grade:

A

 

No of pages / words:

2 / 436

 

Was viewed:

9840 times

 

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Essay content:

SureCut Shears now faced a credit problem because they no longer expected to be able to pay off the seasonal loan. INTERPRETATION OF EXHIBITS Due in part to a slackening of sales, inventory at the end of March 1996, the amount of additional money tied up in inventory over the 9-month period of interest is almost double the forecast...
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But by October 1995, it was apparent that sales were not keeping up with what was forecasted. Over the 9-month period, the Profit Margin is only 10%, far below the acceptable range of 15 – 30%. So one wonders why the planned orders with the manufacturer were not reduced to compensate. Instead, inventory was allowed to build...
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