FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W1511614873> ?p ?o ?g. }

• W1511614873 startingPage "83" @default.
• W1511614873 abstract "CASE DESCRIPTION The primary subject matter of this case concerns the issues surrounding a firm's weighted average cost of capital (WACC). Case provides a review of cost of capital issues. The case requires students to have knowledge of accounting and finance, thus the case has a difficulty level of three (junior level) or higher. The case is designed to be taught in one class session of approximately 1.25 hours and is expected to require 2-3 hours of preparation time from the students. CASE SYNOPSIS The case tells the story of Don Williams, President and primary owner of St. Louis Chemical. By most measures, the performance of St. Louis Chemical has been very good over the last three years, with sales and income increasing each year Business growth has been steady but a recent increase in demand has placed a strain on existing operations. To keep pace with demand, the capacity of the current warehouse and packaging operations need to be increased. The cost of the facility expansion has been estimated to be $900,000 by St. Louis Chemical's operation manager. Since beginning operations, Williams has been reluctant to borrow funds. He has been content with limited growth, financed with internally generated equity. Recently hired Edison Hesselbach, the company's first finance professional, has recommended borrowing the required funds. Williams indicated he may be willing to consider a change in his long-standing policy against debt, but wants more information regarding using debt in the firm's capital structure. BACKGROUND St. Louis Chemical is a relatively new regional distributor of liquid and dry chemicals, headquartered in St. Louis, Missouri. The company, founded by Don Williams, has been serving primarily eastern Missouri and western Illinois for four years and has developed a reputation as a reliable supplier of industrial chemicals. Williams' previous business experience provided him with a solid understanding of the chemical industry and the distribution process. As a general manager for a chemical manufacturer, he had profit and loss (P&L) responsibility, but until beginning St. Louis Chemical, he had limited exposure to company accounting and finance decisions. The company reported small losses during its early years of operation, but performance in recent years has been very good. Sales have grown, new product lines have been added and reported profits have been steadily increasing. The growth has required the acquisition of additional land, equipment, expansion of storage capacity and an increase in work force. Williams has proven to be an expert marketer, and St. Louis Chemical has developed a reputation with its customers of providing quality products and superior service at competitive prices. Despite its business success, St. Louis Chemical is still a small business with Williams making all important decisions. He recognized the need to develop a professional managerial staff, particularly in the area of finance. Recently, he hired Edison Hesselbach as the company's first finance professional and placed him in charge of the company's accounting and finance activities. St. Louis Chemical's board of directors is composed of Williams, his father and the company's attorney. The board's existence satisfies state regulatory requirements for corporations but provides little, if any, input to business operations. CHEMICAL DISTRIBUTION A chemical distributor is a wholesaler. Operations may vary but a typical distributor purchases chemicals in large quantities (bulk - barge, rail or truckloads) from a number of manufacturers. They store bulk chemicals in tank farms, a number of tanks located in areas surrounded by dikes. The tanks can receive and ship materials from all modes of transportation. Packaged chemicals are stored in a warehouse. Other distributor activities include blending, repackaging, and shipping in smaller quantities (less than truckload, tote tanks, 5 5 -gallon drums, and other smaller package sizes) to meet the needs of a variety of industrial users. …" @default.
• W1511614873 created "2016-06-24" @default.
• W1511614873 creator A5002658868 @default.
• W1511614873 creator A5056661199 @default.
• W1511614873 date "2011-01-01" @default.
• W1511614873 modified "2023-09-23" @default.
• W1511614873 title "St. Louis Chemical: Cost of Capital" @default.
• W1511614873 hasPublicationYear "2011" @default.
• W1511614873 type Work @default.
• W1511614873 sameAs 1511614873 @default.
• W1511614873 citedByCount "0" @default.
• W1511614873 crossrefType "journal-article" @default.
• W1511614873 hasAuthorship W1511614873A5002658868 @default.
• W1511614873 hasAuthorship W1511614873A5056661199 @default.
• W1511614873 hasConcept C10138342 @default.
• W1511614873 hasConcept C120527767 @default.
• W1511614873 hasConcept C144133560 @default.
• W1511614873 hasConcept C149933338 @default.
• W1511614873 hasConcept C162324750 @default.
• W1511614873 hasConcept C172497479 @default.
• W1511614873 hasConcept C175444787 @default.
• W1511614873 hasConcept C181622380 @default.
• W1511614873 hasConcept C25188504 @default.
• W1511614873 hasConcept C44750222 @default.
• W1511614873 hasConcept C58202505 @default.
• W1511614873 hasConcept C74734477 @default.
• W1511614873 hasConceptScore W1511614873C10138342 @default.
• W1511614873 hasConceptScore W1511614873C120527767 @default.
• W1511614873 hasConceptScore W1511614873C144133560 @default.
• W1511614873 hasConceptScore W1511614873C149933338 @default.
• W1511614873 hasConceptScore W1511614873C162324750 @default.
• W1511614873 hasConceptScore W1511614873C172497479 @default.
• W1511614873 hasConceptScore W1511614873C175444787 @default.
• W1511614873 hasConceptScore W1511614873C181622380 @default.
• W1511614873 hasConceptScore W1511614873C25188504 @default.
• W1511614873 hasConceptScore W1511614873C44750222 @default.
• W1511614873 hasConceptScore W1511614873C58202505 @default.
• W1511614873 hasConceptScore W1511614873C74734477 @default.
• W1511614873 hasIssue "1" @default.
• W1511614873 hasLocation W15116148731 @default.
• W1511614873 hasOpenAccess W1511614873 @default.
• W1511614873 hasPrimaryLocation W15116148731 @default.
• W1511614873 hasRelatedWork W12210898 @default.
• W1511614873 hasRelatedWork W140329465 @default.
• W1511614873 hasRelatedWork W1508575017 @default.
• W1511614873 hasRelatedWork W1541550492 @default.
• W1511614873 hasRelatedWork W1548899501 @default.
• W1511614873 hasRelatedWork W1605276948 @default.
• W1511614873 hasRelatedWork W245473978 @default.
• W1511614873 hasRelatedWork W2596549014 @default.
• W1511614873 hasRelatedWork W2610658412 @default.
• W1511614873 hasRelatedWork W2620246329 @default.
• W1511614873 hasRelatedWork W2745808695 @default.
• W1511614873 hasRelatedWork W275592627 @default.
• W1511614873 hasRelatedWork W290546839 @default.
• W1511614873 hasRelatedWork W294044893 @default.
• W1511614873 hasRelatedWork W3187494238 @default.
• W1511614873 hasRelatedWork W329434938 @default.
• W1511614873 hasRelatedWork W34096906 @default.
• W1511614873 hasRelatedWork W755317600 @default.
• W1511614873 hasRelatedWork W756530572 @default.
• W1511614873 hasRelatedWork W2782856960 @default.
• W1511614873 hasVolume "17" @default.
• W1511614873 isParatext "false" @default.
• W1511614873 isRetracted "false" @default.
• W1511614873 magId "1511614873" @default.
• W1511614873 workType "article" @default.