Table 1 Marion Boats‚ Inc Assets Cash and Cash Equvalents Liabilities Cash Receivable Inventories and boat’s cost Property‚ Plant Building Trad-in assets Account receivable Accounts Payable Owner’s Equities Wages and Salary Bank Loan and other loans Accrued Interest Payable Other Share Holders’ equity $72000 $20000 $91200.00 Paid in Capital $800(expense) $48000.00 $40000.00 $48000(expense) $40000.00 -$32000.00 $32000
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Mississippi called Marion Boats. This summary provides an overview for the year 2005 – 2006. They start the company with a total of 2300 shares holding a cash value of $72000. The following financial statements summarize the current financial position of Marion Boats: Journal Entries Transaction Analysis Balance Sheet Income Statement Stockholder’s Equity Statement Cash Account Statement Cash Flow – Direct Statement Cash Flow – Indirect Statement Journal Entries for Marion Boats Date Transaction
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Balance sheet As of March 30th 2006 Deatail Cash from Mr Fred Cash from Bill Service fee for lawyer Loan From Bank Buyout Cost for land Demolition Charge Advance from sports boat Sale of boats Compensation to Fred Paid for building Bank loan repaid Fred Salary Total Assumption: Type Cash F F OP F I 72000 20000 (800) 40000 (72000) F OP OP I F OP 40000 166800 (680) (145000) (42000) (10000) 68320 Land Building Accounts Receivable Retained earning (800) 72000 9000 13600 180400 (680) 145000
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Executive Summary Many companies have discovered the importance of cost control as a means of survival in fiercely competitive markets in the early 2000. By implementing an organized‚ companywide process for controlling costs‚ a firm can reverse its sinking earnings trend and recover its market position. Standard costs are established and revised each period during the budgeting process. Standard costs are continually reviewed and periodically revised if significant changes occur in production
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FNCE 201 Corporate Finance Prof. Fu Fangjian Due: the class in 4th week (10-14 Sep) UST Inc. is considering a debt-for-equity recapitalization. In the deal‚ UST will issue $1 billion debt to buy back stocks. In class we argue that an important determinant of a firm’s debt policy is the tradeoff between the tax benefits of debt and the costs of financial distress and bankruptcy. Mature firms generating positive and stable operating income are more likely to take advantage of the debt tax shields
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KFC Corporation v. Marion-Kay Company‚ Inc. 620 F.Supp. 1160‚ Web 1985 U.S. Dist. Lexis 14766 The Kentucky Fried Chicken Corporation (KFC) is the franchisor of KFC restaurants. KFC’s registered trademarks and service marks include “Kentucky Fried Chicken‚” “It’s Finger Lickin’ Good‚” and the portrait of Colonel Harlan Sanders. KFC grants licenses to its franchisees to use these marks in connection with the preparations and sale of “Original Recipe Kentucky Fried Chicken.” Original Recipe Kentucky
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Francis Marion 1732-1795 Also known as: Swamp Fox Born: WINTER‚ 1732 in South Carolina‚ United States‚ Berkeley County Died: February 27‚ 1795 Occupation: General Source Database: DISCovering U.S. History Table of Contents Biographical Essay | Further Readings | Source Citation Hero of the southern campaign in the American Revolution‚ who was known for his mastery of the small-unit tactics necessary for effective guerrilla warfare. BIOGRAPHICAL ESSAY Francis Marion was born in the winter of
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Marion Jones Marion Jones had a very successful career but was always suspected for drugs‚ even back in her highs school years she was under investigation of steroid enhancements. Jones’ personal background includes as Wikipedia explains a dual citizenship to Belize due to her father that lived in Belizean and US with her mother living in Los Angeles where Marion was born. Also a divorce at a young age and also remarriage to a retired postal worker‚ Ira Toler. They‚ Wikipedia also mention
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Marion 9 The Marion nine men were Alexander H. Curtis‚ Joey Pinch‚ Thomas Speed‚ Nickolas Dale‚ James Childs‚ Thomas Lee‚ John Freeman‚ Nathan Levert and David Harris. They worked to provide an education for black children of Marion. Curtis was the most influential of the group and later led the push to reorganize Lincoln School into state institution. He was a member of Alabama Legislature for eight years and he loved the respect of his fellow legislators. With Alma Freeman he wrote an
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Marion Deuchars Slideshow Notes Slide 1 -----------Title Page--------- Slide 2 --------Read from slide-------- Slide 3 Other than illustration‚ Marion is also an accomplished draftswoman and painter‚ her work in this area tends to move between figurative and semi- abstract paintings‚ usually always incorporating iconic graphic elements. The way she approaches her work seems to continually evolve in a way that shows how she has been influenced by the things around her‚ such as the
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