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Compact case
Published by: Ivey Publishing
Originally published in: 2020
Version: 2020-04-02

Abstract

In mid-2019, the owner of Ireland Renovations was contemplating the future of his renovation and construction company that operated in London and Middlesex County in Ontario, Canada. The owner's youngest son was interested in working for the business, but the owner wondered whether the company could afford to hire him. His son had previously worked for the company part-time and had shown an interest in helping his father grow the business. The owner decided to project and analyze cash budgets for fiscal years 2020 and 2021 to determine whether hiring his son would be a feasible option.

Teaching and learning

This item is suitable for undergraduate courses.
Location:
Industry:
Size:
Small
Other setting(s):
2019

About

Abstract

In mid-2019, the owner of Ireland Renovations was contemplating the future of his renovation and construction company that operated in London and Middlesex County in Ontario, Canada. The owner's youngest son was interested in working for the business, but the owner wondered whether the company could afford to hire him. His son had previously worked for the company part-time and had shown an interest in helping his father grow the business. The owner decided to project and analyze cash budgets for fiscal years 2020 and 2021 to determine whether hiring his son would be a feasible option.

Teaching and learning

This item is suitable for undergraduate courses.

Settings

Location:
Industry:
Size:
Small
Other setting(s):
2019

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