In preparing financial projections, newly promoted Chief Financial Officer for small and profitable, but financial difficulties, ready-mix concrete company must choose between revising debt, deferring capital improvements long, which will prevent more costly repairs of the future, or reduce the payment of dividends to the parent company that does recently acquired firm. A potential decline in business due to a slowing economy and pressure from the new parent company to add additional layers of complexity.
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by Marc Lipson Source: University of Virginia Darden School Foundation 7 pages. Publication Date: 02 May 2007. Prod. #: UV0739-PDF-ENG