Scenario:Brokman Guitar Company is in the business of manufacturing top-quality, steel-ring folk guitars. In recent years the company has experienced working capital problems reulting from the procurement of factory equipment, the unanticipated buildup of recievables and inventories, and the payoff of a balloon mortgage on a new manufacturing facility. The founder and president of the company, Barbara Brockman, has attempted to raise cash from various …
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