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Essay Details:
Essay text:
During 1995-96, sales began to fall from projected levels due to a retailing downturn. However, the company may have been slow to react resulting in an accumulation of excess inventory and related inability to repay its bank loan prior to the next seasonal increase in demand. We were given both forecasted and actual financial data.
A diagnosis of why the company cannot repay its bank loan should be made to decide whether to renew the outstanding loan.
The following is the course of loan requests from SureCut during 1995-96:
1. June 1995 - $3.5 million ? Until December 1995
2. Another $1.2 million by June 1996 (For Plant modernization - finish est...
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Common topics in this essay:
- Consumer Behaviour
- Consumer Behaviour
- Consumer Behaviour
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