Finance - write up a executive summary and recommendation
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Finance - write up a executive summary and recommendation

537146

  • Undergraduate
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Short excerpt:

Fangio Brothers Smash Repairs (FBSR), which was set up in 1950s is profitable and has fixed source of business flowing annually. Off late the company has been witnessing some turbulence times mainly due to the increasing dominance and control exerted by the major insurance companies as a result its affecting their profitability and cash management. The company has been incurring some non-operating expenses which are resulting in zero value addition to the business. These expenses are related to the land bought to expand business in future. The dilemma with the management of the company is what should be done with this land. They have two options first option is that they can sell off this land for an impressive amount of 235,000 and also save the increasing annual maintenance expenses @3

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