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Case 1 – Wilson Lumber Company - Management Control Systems...

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Management Control SystemsCase 1 – Wilson Lumber CompanyIn this case, we see how the Wilson Lumber Company asks for a loan to the Northrup NationalBank. However, as we can see in the case, there a relevant points to be considered:-The Wilson Lumber Company has already a loan with another bank (the SuburbanNational Bank) with a value of 175.000$ - of which the Company has used 173.000$.From this we can see that, despite its needs and availability to get the money, theCompany has not asked for that quantity.-There are some suppliers of the Wilson Lumber Company who testify in favor of thecompany, regarding its paying methods and liability. The Barker Company managerexplains Wilson Lumber Company as a very attracting one for suppliers, as they arefocused on the sales and not in unnecessary expenses such as installations andbuildings. The company only uses what it needs.-On the other hand, we have also to consider the fact of down streaming economicsituation which may affect the company results, as they are also producing and selling

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Term
Winter
Professor
N/A
Tags
Balance Sheet, Generally Accepted Accounting Principles, Wilson Lumber Company

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