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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
8 / 2006 |
Essay's paper body
To make such a prediction, it is obvious that this has been the trend in the sale of shears for SureCut, which makes these assumptions reasonable to a large extent. It should not have been taken for granted, however, that the sales of a company, especially one that is cyclical in nature, are somewhat unpredictable...
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A cyclical business is one in which sales and profits are determined largely by the fluctuations of business conditions or the business cycle. The shears industry is not cyclical in nature but the sales of SureCut Inc. are, and this should have been taken into consideration by Mr. Fischer.
Why was SureCut Shears unable to repay its bank loan by March 31, 1996, as originally forecast?
The problem SureCut is being faced with is its inability to repay the loan that they borrowed...
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