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Pulse Legumes, Inc. is a distributor of vegetables to regional restaurants and small specialty stores. Its assets consist mostly of inventory, which can be stored
Pulse Legumes, Inc. is a distributor of vegetables to regional restaurants and small specialty stores. Its assets consist mostly of inventory, which can be stored only for short periods. All of its warehouses and vehicles are leased. Pulse Legumes does not have many long-term delivery contracts with its customers; instead it relies on its ability to predict local demand and on its connections with a large number of customers. Its business has been performing well over the past few years. Pulse Legumes has some debt outstanding, rated Baa. Its shares are traded on the Nasdaq stock market, and they are included in the S
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