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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 545 |
Essay's paper body
This is taking into consideration no increase in Property, Net, as given in the case, "additional investments in fixed assets could be made only with the prior approval of the bank," if the loan amount is over $750,000. Thus, the Property, Net has not increased but has in fact decreased as the result of depreciation (see Exhibit 6, Property, Net)...
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Thus, the Property, Net has not increased but has in fact decreased as the result of depreciation (see Exhibit 6, Property, Net). If Clarkson Lumber does not follow the trend on their 1996 Pro Forma Balance Sheet and does not increase Property, Net, then they will need to borrow $907,000 (Exhibit 6)...
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