1. What Hathaway Jones’ strategy/plan to improve its business results?
2. What is the question that the company needs to decide in this case?
3. If the company decides to hire Mimi Brewster, what will be the pros and cons to this decision? Pros 1. 2. 3. Cons 1. 2. 3.
4. What decision do you recommend that the company make? Why?
5. If the company follows your advice, what are 3 action steps they must take to implement this plan and turn the decision into reality? List 3. 1. 2. 3.
6. If the company decides to hire Mimi, what are some steps that they can take to lower their risks and reduce the negatives, or make the negatives go away? List 3.

Instructions: use the following information to construct the 2000 balance sheet and income statement for carolina business machines. round all numbers to the nearest whole dollar. all numbers are in thousands of dollars. be sure to read the whole problem before you jump in and get started. at the end of 1999 the firm had $43,000 in gross fixed assets. in 2000 they purchased an additional $14,000 of fixed asset equipment. accumulated depreciation at the end of 1999 was $21,000. the depreciation expense in 2000 is $4,620. at the end of 2000 the firm had $3,000 in cash and $3,000 in accounts payable. in 2000 the firm extended a total of $9,000 in credit to a number of their customers in the form of accounts receivable. the firm generated $60,000 in sales revenue in 2000. their cost of goods sold was 60 percent of sales. they also incurred salaries and wages expense of $10,000. to date the firm has $1,000 in accrued salaries and wages. they borrowed $10,000 from their local bank to finance the $15,000 in inventory they now have on hand. the firm also has $7,120 invested in marketable securities. the firm currently has $20,000 in long-term debt outstanding and paid $2,000 in interest on their outstanding debt. over the firm's life, shareholders have put up $30,000. eighty percent of the shareholder's funds are in the form of retained earnings. the par value per share of carolina business machines stock is

What is the difference between secure bonds and naked bonds?

Atrough in the business cycle occurs when