3. Depreciation percentage=$1‚640‚200/$15‚411‚620 = 10.64% New Fixed Assets=$15‚411‚620 + $30‚000‚000 = $45‚411‚620 $45‚411‚620*.1064 = $4‚831‚796 new depreciation Pro forma Income Statement Sales ($36‚599‚300*1.12) $40‚991‚216 Cost of Goods Sold ($26‚669‚496*1.12) 29‚869‚836 Other Expenses ($4‚641‚000*1.12) 5‚197‚920 Depreciation 4‚831‚796 EBIT 1‚091‚664 Interest 573‚200 Taxable Income 518‚464 Taxes
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The Lincoln Electric Company Case Analysis Introduction Lincoln Electric Company is a manufacturing company‚ which has been focusing on welding products for the recent 30 years. The company had outstanding brothers leading the company to success. John was a technical genius and he brought the best skills in production and James was good at management and he was working on the employees ’ incentives. The company gained its reputation through the world war till present as the welding equipment
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EPARTMENT OF ACCOUNTANCY MEMORANDUM TO: DATE: SUBJECT: Lincoln Savings and Loan The purpose of this memorandum is to analyze and examine the business‚ financial‚ and accounting strategies and policies of Lincoln Savings and Loan. This analysis will include LSL’s current business strategies and processes‚ its business risks and a detailed breakdown of LSL’s financial statements. Business Analysis Lincoln Savings and Loan (LSL) originally competed as a savings and loan office than was in the
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"Every blade of grass is a study; and to produce two‚ where there was but one‚ is both a profit and a pleasure." "This leads to the further reflection‚ that no other human occupation opens so wide a field for the profitable and agreeable combination of labor with cultivated thought‚ as agriculture. I know of nothing so pleasant to the mind‚ as the discovery of anything which is at once new and valuable -- nothing which so lightens and sweetens toil‚ as the hopeful pursuit of such discovery. And
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Lincoln on Leadership Lincoln was elected as the President of United States in 1860. By 1861‚ the nation had splintered into two factions‚ the Northern Union and the Southern Confederates. Being a president he concentrated on the military and political aspects of the war. Lincoln took the risky step of expanding the power of the president in his quest to rejoin the nation. Lincoln closely supervised the war especially in selecting the top generals‚ he brought leaders of both different parties into
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Rhetoric On November 19‚ 1863 Abraham Lincoln gave a reverent and humbling speech for the soldiers who had given their lives at the battle of Gettysburg for the reform and advancement of the country. He states that the brave men who here gave their last full measure of devotion” should be highly esteemed for the sacrifice they made. Lincoln establishes his ideas through the usage of rhetorical devices such as‚ an appeal to ethos‚ parallelism‚ and juxtaposition. Lincoln never uses the words “I‚” or “you
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Abraham Lincoln had many inputs into this country’s ways on how we debate on specific problems and how to deal with taking everyone’s opinion into account. For an example the debate on slavery‚ Abraham Lincoln had very mixed judgements on this debate. Half of the country wanted slaves the other half felt that it was good to take away slaves and let them live there own lifes. The Southern states were threatening dividing and leaving the country‚ if slaves were outlawed. Lincoln’s quote told to citizens
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The 1950’s-60’s70’s-80’s Miranda Moultrie Nixon Back Again The United States presidential election of 1968 was the 46th quadrennial presidential election‚ held on Tuesday‚ November 5‚ 1968. Moon Shot On July 21‚ 1969‚ President Nixon spoke from the Oval Office to Apollo 11 astronauts Neil Armstrong and Edwin Aldrin at the Sea of Tranquility on the Moon. Apollo 11 was the spaceflight that landed the first humans on the Moon‚ Americans Neil Armstrong and Woodstock A village in New York state
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Famous Abe Abraham Lincoln‚ aka honest Abe was born February 12th 1809 in Hodgenville‚ Kentucky. He married Mary Todd Lincoln‚ and together they had four children; Robert Todd Lincoln‚ Edward “Eddie” Baker Lincoln‚ William “Willie” Wallace Lincoln and Thomas “Tad“ Lincoln. Abraham Lincoln was elected the 16th president of the United States in 1861. Leading up to Lincolns election a law was passed called the Kansas-Nebraska act‚ allowing states to vote whether they wanted to be a slave state or not
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Carinna Powell November 29‚ 2012 Period 1 Hayman‚ Leroy. The Death of Lincoln. New York: Scholastic Books‚ Inc.‚ 1968. In the book‚ The Death of Lincoln‚ written by Leroy Hayman‚ it truly shows mostly every important event prior to Abraham Lincoln’s death and after the assassination as well. Like Lincoln‚ Hayman has known was true pain feels like. Not only was Hayman hit in the head by an ink bottle‚ but he survived the terrible accident and continued to live his heroic life although he became
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