...Executive Summary Problem Statement Mr. Paul Mackay, a sole proprietor, has approached the Commercial Bank of Ontario in order to obtain an additional $194,000 bank loan and a $26,000 line of credit. Paul owns and operates a general merchandising retailer in Riverdale, Ontario named Lawsons’. The bank loan is needed for Mr. Mackay to reduce his trade debt that has a sheer 13.5 per cent interest penalty. The line of credit is needed for sales seasonal downfalls so that Mr. Mackay could properly manage those tough months. Jackie Patrick, a first time loans officer, has been appointed to Mr. Mackay’s request. Although anxious to finish her first loan, Ms. Patrick knows that this particular case is a difficult one. Analysis Sub problems/Issues In order to start up his business, Mr. Mackay secured a $50,000 long-term loan from the Commercial Bank of Ontario. The bank loan was secured by all company assets and a guarantee from Lawsons’ supplier Forsyth Wholesale Ltd (FWL). Although since then, Lawson has produced positive earnings each year, but after drawings, equity has decreased each year as well. This is a good indication that the problem may be the management and its absence of understanding business operations. Another issue regarding the request is the fact that it is Ms. Patrick’s first bank loan. As it indicates that it is her first day on the job and is anxious to come to a decision. Supervision from her superiors along the way would be beneficial on...
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...Finance: Lawsons Case Study Gabriel Barcante November 6, 2013 2 Lawsons Case Study Company History • Nearly 5 years established in Riverdale • Competitive price targeted at low- to middle-income families • Varied clothes, footwear, and products for all ages • Seasonal business • $50,000 start-up loan at prime rate of 1.5% (good rate) o Pledge against all assets as guarantee Owners/Management Performance • Paul Mackay o Business Economics Degree o Entrepreneur o Quite involved in his business at the store o Financial ratios show how poorly his business has been managed ! Lacks efficiency ! Needs to focus on months that sell the most Industry (2002 numbers): Net Earnings R.O.E. Current Ratio Acid Test Age of Receivables Age of Inventory Net Worth/Total Assets 2.10% 31.60% 1.8:1 1.1:1 19.1 days 25.7 days 61.50% 3 Industry has relatively good numbers. Age of Receivables and Inventory are very good at under 30days and net worth/total assets are over 50%. Current ratio is close to ideal 2:1 and acid test is just over 1:1. This shows the industry is relatively healthy, even though it is a seasonal business. Future assumptions and comparisons will be based on these industry ratios. Potential Problems/Past Performance • Current ratio has trended downward since their opening in 2000. It is currently at 1.02:1, already below...
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...PR company managed a celebrity’s image * Nigella Lawson- Mark Hutchinson Management has managed Nigella Lawson’s PR since the publication of her groundbreaking cookbook How To Eat in 1998. Since then he has managed publicity for all Nigella’s projects including television series and product launches in the UK and worldwide. Nigella Lawson looks very feminine due to her curves and her whole physique. She conforms to the male gaze, as she is very feminine. She is shown to be classy and very lady like; this would attract the male audience’s attention. Nigella Lawson comes across as the stereotypical women to have, as she is presented to be perfect. From the dog days of late 2013, which saw her accused of being ‘off her head’ on coke by ex-husband Charles Saatchi, and her private life dissected in court at the trial of her two former assistants after they were found not guilty of a £685,000 fraud on the accounts of her and her former husband. She chose to admit taking cocaine on seven occasions as she gave evidence against Elisabetta and Francesca Grillo, who had been accused of spending lavishly on family credit cards without the permission of her or her husband of 10 years Charles Saatchi. The jury of seven men and five women handed down the not guilty verdict after eight hours and 52 minutes of deliberation. The jury had heard claims from the Grillo sisters that the use of cocaine and cannabis was rife in the Lawson home as part of a defense aimed at showing a household...
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...Abstract The purpose of this paper is to analysis the case study “Dollar General Uses Integrated Software” The paper will seek to understand various issues concerning the implementation of the system as presented in the case study. It shall discuss the various facts concerning the implementation including the reasons for the needing the system,explaining why the old system created problems for Dollar general.The paper shall consider any alternatives to the software in order to reduce costs. It shall also make suggestion on what other software Dollar general my acquire for Lawson Software giving reasons as to why the software acquisition is necessary. Dollar General Uses Integrated Software Introduction Information systems are a must have for any organizations once int has grown past a certain size. This is not to mean that small organizations don’t need information systems.This is systems are often implemented with a promise to garner profits or reduce costs,either why it earns the organization money.Dollar General company which deals with the sale of food, apparel, home-¬ cleaning products, health and beauty aids, and more,competing fiercely with other stores.It is quite a big organization operating more than 8000 stores in 35 states and generated an excess of $9.5b in 2007. The company doubled its size between 1998 and 2000. This rapid expansion caused the store a lot of problems including taxes,increased number of employees,increased number of purchase orders causing...
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...1) What qualities are most needed to become a successful change agent? To become a successful change agent requires a critical trait – power, a transformative idea can come from below, however, change can only be made by a person with some sort of authority (expert, legitimate, reward, coercive, etc.). Change is compelled by managers who have a platform to advocate for a new direction and the ability to hire, promote, and reward those who embrace it. To become a successful change agent also requires essential transformational leadership qualities, these qualities are: The ability to have a clear vision, set clear goals and direction for yourself and those involved in the change effort. A successful change agent sees a future no one else does, and that vision would not let him rest until it is achieved. A successful change agent leads change because he believes his organization must get ahead of an approaching calamity in order to survive and win. He has the ability to set difficult but attainable goals for himself and his co-workers but used his optimism, enthusiasm and self-confidence to build positive expectations in others. He let people know how changes or innovations would help them succeed and incorporated this into their visions for future success. The ability to be persistent and courageous to bet his careers. A successful change agents is willing to take bold action—and accept the consequences. This requires commitment and he knows that leading change can...
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...In Mary Lawson’s novel Crow Lake the ponds become an important part of the plot. The pond symbolizes Kate’s childhood, the bond between Kate and Matt, and Kate’s future choice in her career. Kate’s memories of her time at the pond connect her to various events and important moments in her life. While talking about the pond, Kate mentioned “There is no image of my childhood that I carry with me more clearly than” Matt and her younger self lying on their stomachs at the edge of a pond (4). Kate stated how important their trips became to her. At the end of the novel, when Kate and Matt take Daniel to the pond, Kate had a realization. She said “The other ponds, our pond included, are just as they have always been.” (291). After many years of thinking that her brother was a failure, that Marie Pye getting pregnant ruined his chances of going to school and becoming someone with an education. Kate comes to the conclusion that she was the one who grew apart and chose to deny that everything was there just as they have always been. It is not the ponds that changed, it was Kate herself. The pond also became the bond that linked both Kate and Matt. Kate reminisced that when Matt first began to take her to the pond she was so small she had to be carried on Matt’s shoulders. Kate loved spending time with her brother; she liked that she came to known the creatures above and below the water. They spent endless hours there as...
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...She attracts lots of males * Wears Make- up * Purpose: The purpose is to sell products Nigella Lawson Spoken Language Essays and Term Papers ------------------------------------------------- Top of Form * Keyword(s): Search * Any words * All words * Exact search/except words * Exact phrase: Exclude words: * Advanced Search Bottom of Form Documents 1 - 20 of 1000 * ffgfgfg the spoken language of nigella Lawson and Gordon Ramsay Nigella Lawson and Gordon Ramsay, two very famous TV chefs, have completely different ways of presenting themselves verbally. Ramsay is well known for his fiery temper and for being extremely offensive at times by using blasphemy. Nigella Lawson... Premium 393 Words 2 Pages * Investigate the ways spoken language is used By the TV chefs Nigella Lawson and Jamie Oliver Investigate the ways spoken language is used By the TV chefs Nigella Lawson and Jamie Oliver Nigella Lawson and Jamie Oliver have the same purpose to entertain and share their love of cooking but they go about it in different ways. Lawson and Oliver differ in many ways, for starters Lawson is all about sharing... Premium 771 Words 4 Pages * Spoken Language Questionaire 4.6.13 Questionnaire for English controlled assessment – media chef 1. What chef do you prefer to watch on your TV screens; Nigella Lawson or Gordon Ramsay? --------------------------------------------------------2. Circle the answer; Does the chef...
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...MEMORANDUM TO: Cheryl Olsen, Legal Counsel for Greene’s Jewelry FROM: Kyle Hulce SUBJECT: Jennifer Lawson – Confidentiality Violation and Alleged Wrongful Termination DATE: September 26, 2018 CC: Lisa Peele, Head of Human Resources Application of the Law to the Facts: The Captain Co. v. Towne case showed us that it is an inextricable requirement to prove that the information the plaintiff seeks to protect must be unique to that particular organization and not general knowledge acquired working within an industry. As previously discussed, the Uniform Trade Secrets Act and the New Hampshire iteration of the Uniform Trade Secrets Act and its definitions confirm that Ever-Gold is a trade secret, covered by the confidentiality agreement, and was...
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...Accounting Group Presentation Outline I. Intro We are group B and our presentation is on the solvency of Lawson Software. To decide how solvent Lawson is on a scale of 1 to 10, with 10 being the highest, we chose to look at their Current Ratio, Quick Ratio, Interest Coverage, and Cash Flow Profile over the past 2 years. After looking over our data that was collected, we chose to give Lawson a rating of 6, due to their decent ratio numbers, even though some are in decline. II. Numbers A. Current Ratio (Current Assets/Current Liabilities): 2010:1.25 - (570,113,000/455,079,000) 2009:1.49 - (652,095,000/438,098,000) B. Quick Ratio: 2010:1.1 (375,917,000+117,976,000+4,664,000)/455,079,000) 2009:1.3 (414,815,000+152,666,000+4,242,000/438,098,000) C. Interest Coverage: 2010:5.20- ((40,636,000+27,612,000+16,238,000)/16,238,000) 2009:4.69- ((35,922,000+21,731,000+15,625,000)/15,625,000) III. Cash Flow Profile *I haven’t finished this part of the assignment yet* IV. Summary A. By looking at our data presented, as well as how Lawson has dropped their ratios closer and closer to that 1.0 line of being even, we stand behind them as a 6 ranking in solvency at this moment in time, with the belief that at this rate, within a couple of years that number will drop closer to...
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...FROM: Cheryl McKenzie DATE: September 17, 2017 RE: 1. Breach of Confidentiality Agreement in Greene v. Lawson 2. In Defense of Wrongful Termination in Lawson v. Greene 3. Injunctions Against Jennifer Lawson, Howell Jewelry World and Triumph Jewels Introduction Greene’s Jewelry Wholesale, LLC (Greene) seeks remedy from previous employee, Jennifer Lawson (Lawson), regarding Lawson's breach of a confidentiality agreement between Lawson and Greene to not disclose trade secrets of Greene's primary asset, Ever-Gold. Lawson, a previous employee of Greene, was terminated after Greene downsized its company. Greene also denies Lawson was wrongfully terminated as she claims in her counter suit. Upon termination, Lawson improperly shared trade secrets from Greene and used them for personal benefit by providing direct competitor, Howell Jewelry World (Howell), with the information in exchange for employment. As...
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...With these developments, it is obvious that conflicts between parties of different nationalities occur and liability to tax on income of foreigners especially among those engaging in trading venture. Whilst the laws affecting domicile and residence may be sufficiently settled, it is paramount for courts to pursue a detailed analysis to ascertain specific preliminary issues so as to avoid controversial rulings. Courts often handle numerous financial cases that involve what can be best described as foreign or international elements. In such cases, court must decide whether it has the jurisdiction under the Family Law Act 1975 to make a decision on such cases. In the event that it is determined that the court is invested with the jurisdiction to determine the case, the court has to consider whether there is a system of law in foreign country that also has the jurisdiction to handle the case. As it was addressed in the case Attorney General of New Zealand v Ortiz [1984] AC 1, these benefits and costs to either party if the case resolution is made in foreign country as compared with the apparent country should also be a subject of concern. [1] Legal systems in most countries around the world adopt community property regime, which takes effect at the inception of marriage or at the time of divorce. For instance, California and Massachusetts in the United States have adopted community property regimes that support equal division of assets upon divorce. However, this provision...
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...Adapted from Bernhardt & Kinnear (1988). Cases in marketing management, pp. 6-16. Plano, TX: Business Publications, Inc. Pay careful attention to the following points. They are often used by instructors to evaluate either a written or oral analysis. 1. Be complete. Each area of the situation analysis must be discussed, problems and opportunities identified, alternative presented and evaluated using the situation analysis and relevant financial analysis, and a decision must be made. An analysis that omits part of the situation analysis or only recognizes one alternative is not a good analysis. Second, each area must be covered in-depth and within insight. 2. Avoid rehashing case facts. Every case has a lot of factual information. A good analysis uses facts that are relevant to the situation at hand to make summary points of analysis. A poor analysis just restates or rehashes theses facts without making relevant summary comments. 3. Make reasonable assumptions. Every case is incomplete in terms of some piece of information that you would like to have. A good case analysis must make realistic assumptions to fill in the gaps of information in the case. For example, the case may not describe the purchase decision process for the product of interest. A poor analysis would either omit mentioning this or just state that no information is available. A good analysis would attempt to present this purchase decision process by classifying the product and drawing upon real life...
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...are given. It is understandable then that we should seek out more opportunities to apply our skills and make more positive impacts within our jurisdictions. It is this general attitude that led us to get involved in investigating cold cases. How We Got Started Mark had, for several years, been consulting with our Coroner’s Division as a forensic anthropologist. During this time he came to learn that there were numerous coroners’ cases in which the identity of the decedent was unknown. These cases were kept in three-ring binders on a shelf in the Sergeant’s office. Over the years, in the course of this forensic work, we would discuss these cases and the progress that was being made on them. The conversation usually ran along the lines of us asking “any luck with that 1980 homicide victim?” and the sergeant answering “well, we’ve gotten so many new cases that I haven’t been able to even look at it yet.” This went on for a few years and through two different sergeants. One day we, as a crime analysis unit, were brainstorming about how we could broaden our “client base”, as it were. We had been successful in integrating ourselves into our Investigations Bureau and had been involved in numerous major cases. And, of course, we had always been active in producing tactical and strategic analyses for our patrol personnel. But we knew that we could be doing more, particularly given the size and responsibilities of our agency. It was during...
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...BUSINESS CASE Presented to the Accountancy Department De La Salle University In partial fulfillment Of the course requirements In ACCTBA2 (C33) March 2, 2015 A stakeholder is typically concerned with an organization delivering intended results and meeting its financial objectives. In general, a stakeholder can be one of two types: internal (from within an organization) or external (outside of an organization). The stakeholders in this situation are Lanie Marquez and Tim Rodriguez who are also partners in the retail distribution business and their capital contributions are as follows P500,000 and P300,000 respectively they are an internal stakeholder since they are also the owners. The total Capital of both stakeholders is P800,000 and with a monthly salary for both partners at P15,000 on the assumption that both of them will contribute to manage the business equally. Assuming that both managed the business equally the total salary for the year for Lanie and Tim are P180,000 each. They share profit and loss equally and no interest will be given on capital contributed. The problem for this situation is that Lanie is starting to get concerned with the behavior of her other partner Tim. He only manages the business 50% of the time, which will mean that his salary of P15,000 will need to decrease by also 50% since he does not manage the business equally with his partner. The business has seen a downturn in the profit outcome and for the current financial...
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...Ralph’s Grocery and United Food and Commercial Workers Union The case that I chose for the week 6 critical thinking assignment concerns Ralph’s Grocery Company, located in California. It applies to this week’s material due to the fact that the case involves unlawful suspension and discharge of an employee, as reviewed by the National Labor Relations Board. Background In May 2011, Vittorio Razi was an employee at Ralph’s Grocery and was suspended and terminated after he refused to take a drug test without first consulting with his UFCW Local 324 representative. The company (Respondent) says that on the day in question, Razi’s behavior was in question, acting nervous, anxious, agitated, and slurred speech. After a couple managers discussed the...
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