Add Papers Marked0
Paper checked off!

Marked works

Viewed0

Viewed works

Shopping Cart0
Paper added to shopping cart!

Shopping Cart

Register Now

eKönyvtár library
FAQ
 

Great deal: today with a discount!

Regular price:
1 022 Ft
You save:
172 Ft
Discounted price*:
850 Ft
Purchase
Add to Wish List
ID number:402634
Evaluation:
Published: 05.08.2005.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

BMP Lumber Company has been in operation for ten years. During the past several years BMP has experienced significant growth, which its owner, Mr. Paul Grant, believes is likely to continue into the future. This belief has lead Mr. Grant to conclude that BMP requires a bank loan of $80,000 to sustain the business. As financial advisor to Mr. Grant, it is our position that: (a) a loan is required to cover the short-term operating capital needs of the company, (b) Mr. Grant needs to gain control of his current asset accounts, in particular, inventory and accounts receivable, (c) BMP Lumber does not have sufficient fixed assets to secure a loan of the magnitude requested. As a result, we recommend that Mr. Grant either use his accounts receivable and inventory or provide a personal guarantee to secure a loan from the Victoria National Bank ("VNB"). The analysis that leads us to these conclusions is as follows.…

Load more similar papers

Send to email

Your name:

Enter an email address where the link will be sent:

Hi!
{Your name} suggests you to check out this eKönyvtár paper on „BMP Lumber Co”.

Link to paper:
https://eng.ekonyvtar.eu/w/402634

Send

Email has been sent

Choose Authorization Method

Email & Password

Email & Password

Wrong e-mail adress or password!
Log In

Forgot your password?

Facebook

Not registered yet?

Register and redeem free papers!

To receive free papers from eKönyvtár.com it is necessary to register. It's quick and will only take a few seconds.

If you have already registered, simply to access the free content.

Cancel Register