Capt'n Nemo's Treasures and Profits Inc.

Paper Summary:

This paper outlines the findings and recommendations that were made to Capt'n Nemo's Treasures and Profits Inc. regarding a new and more progressive working capital policy for the company. The paper explains that the objective of the new policy was to facilitate the company's venture into of E-commerce.

From the Paper:

"Inventory purchases are made via the owner and his chief numismatist attending auctions throughout the United States, Europe and Japan. Another source for inventory purchases comes through Capt'n Nemo's Appraisal Service that accomplishes these appraisal services for estate valuations and other reasons. The second most common appraisal function is for collectors prior to disposal of their collections for various reasons. Generally when an appraisal is made Capt'n Nemo's offer to purchase these collections and estates as a service to clients. In addition to purchasing for inventory they also purchase specific items for their larger customers both retail and wholesale. In addition, the company and the principle belong to several organizations that exchange trade information for special order items. The three principle organizations are the American Numismatic Association (ANA), the Professional Numismatic Guild (PNG), and the Professional Coin Certification Service (PCCS), all internationally recognized for their high standards of membership requirements."

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