1. John M. Case Summary
... five years has been 7%. Its expected growth is 5-6% per year. In 1984 standard desk calendar pads had contributed 80% of net sales and 90% of earnings before taxes. The company has high fixed costs since production is highly automated. John M. Case Co. holds 60-65% of calendar market. However, cutting production costs is imperative in order maintain the company's dominant market share. Since customers can ... was 60 days. The company operates with all-equity capitalization but maintains a $2 million line of credit at a major Eastern bank. Over the past three years the dividends averaged ...
- Word Count: 384
- Approx Pages: 2
- Grade Level: High School