Bac Monthly Return Beta (1)
Jones believes in maintaining very healthy relations with the stakeholders in the company. He is a businessman of very high integrity and sharp acumen. He has a hands-on approach to any situation. He is a great expense manager and has been running the company very well. As we can see from the case, The company has stiff competition from national distributors, home centers and other suppliers. Additional capital will help Jones to focus more on improving his pricing strategy, improving quality of product and also employing higher direct sales personal.
Cash Flow From Financial Activities
Net Cash Flow
Question7: What are the implications for Jones’s lifestyle of accepting the new, larger line of credit?
Jones’s lifestyle was pretty simple as he had not made any substantial investment in other options. Jones held jointly with his wife an equity in their home. The house had a cost of $199,000 and was mortgaged for $117,000. He also held a $ 250,000 life insurance policy payable to his wife. Thus he must pay a premium for availing the life insurance policy. Jones would have to repay the bank borrowing on a floating rate basis at 1.5% points above the prime rate. It would initially be around 7.5%.
Jones believes in maintaining very healthy relations with the stakeholders in the company. He is a businessman of very high integrity and sharp acumen. He has a hands-on approach to any situation. He is a great expense manager and has been running the company very well. As we can see from