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El-Con Construction Incorporated Case Solution & Answer

Vice President and General Manager of Oakville Hydro has applied for funding on behalf of wholly owned subsidiary of Oakville Hydro, El-Con Construction Inc. (El Con) of Oakville Hydro CEO (CEO). The $ 450,000-Con asked for hydrovacs trucks and $ 50,000 to cover its working capital needs. The Director General welcomed the recent evolution of El-Con, but wondered if the loan was in the best interest of Oakville Hydro. A proposal for this amount of funding would require the approval of the Board of Oakville Hydro Board and Executive Director shall determine whether to recommend the loan to the card.
by
Elizabeth M. A. Grasby,
Burkett are
Source: Ivey Publishing
10 pages.
Publication Date: February 2, 2012. Prod #: W11657-PDF-ENG
Solution-Con Construction Incorporated

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