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Title: SureCut Shears, Inc

Essay Details

Subject: Business
Author: William J
Date: January 8, 2016
Level: University
Grade: A
Length: 2 / 436
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

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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