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General Motors

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farooque Surhio
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29 views1 page

General Motors

Uploaded by

farooque Surhio
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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BNL Stores.

Case Analysis.
As of January 31,

Introduction: BNL was an established Midwestern retailer that had been in business for over 40
years. In recent times, management had undertaken a series of new business strategies, one of
which was to expand the number of BNL’s new supercenter stores, while phasing out the
traditional discount stores. The supercenter stores carried a greater selection of durable goods,
such as appliances and furniture. In order to entice customers to purchase these more
expensive items, BNL had started offering store credit to its customers. Each individual store
manager was responsible for authorizing the opening of store credit accounts and ultimately
had the final say as to whether credit would be granted to a customer.
In the spring of 2010, Paul Cruz was a business student who just started an accounting course.
As an introductory assignment, his professor had given the each student of analyzing the
financial statements of a company of their choosing.

Questions:

Q1: Calculate the 10 ratios done in Exhibit 4 for each year from 2008 to 2010. Did you notice
any trends? What insights do these trends provide into the operations of BNL?
Ans: The ratios are calculated on the excel sheet

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