Pro Forma Financial Case Summary

For example in the services I manage I employ two full time and one part time Supervisor (Categorised below as Domestic Band 4). The costs for the Supervisors will not alter throughout the year as they are not covered when away from work due to annual leave or sickness.

The Business and Partnership Unit is client liaison team for of all existing and new partnerships with an ambition to deliver efficiencies and improve services. To evidence transparency of the Councils partnerships by implementing an approved monitoring regime. To provide

On the evening of January 5, 1993, Tracie Reeves and Molly Coffman, both twelve years of age and students at West Carroll Middle School, spoke on the telephone and decided to kill their homeroom teacher, Janice Geiger. They agreed that Coffman would bring rat poison to school the following days so that it could be placed in Geiger 's drink. After that , they would steal Geiger 's car and drive to the Smoky Mountains. On the morning of January 6, Coffman placed a packet of rat poison in her purse and board the school bus. Coffman told another student, Christy Hernandez, of the plan and show her the poison. Hernandez went and informed her homeroom teacher, Sherry

The plaintiff (Southern Prestige Industries, Inc.) initiated an action against the defendant (Independence Plating Corp.) in a North Carolina state court for a breach of contract. The plaintiff alleged that defects in the defendant’s anodizing process caused the plaintiff’s machine parts to be rejected by Kidde Aerospace. The defendant being a New Jersey corporation and having its only office and all of its personnel situated in the state filed a motion to dismiss citing lack of personal jurisdiction. The trial court denied the motion and the defendant appealed arguing that there were insufficient contacts to satisfy the due process of law requirements

The company’s debt position shows that there was rapid increase in Butler Lumber’s accounts and notes payable in the recent past, especially in the spring of 1991. This kind of notable increase of current liability should account for the increase mentioned above, which indicates the company’s great need of short-term funds.

First, she needs to payoff her credit cards with the money she has on her savings account. She is actually going to save money by doing this because the credit cards charge interest rates much higher than the 1.5% she is getting from her savings account.

New bank credit facility, 600 million cash on hand to take advantage of opportunities that may arise

As part of the expansion plan, Wie will acquire some used equipment by signing a zero-interest-bearing note. The note has a maturity value of $50,000 and matures in 5 years. A reliable fair value measure for the equipment is not available, given the age and specialty nature of the equipment. As a result, Wie 's accounting staff is unable to

Jacquelyn Young hired the law firm of Becker & Poliakoff to represent her in her federal employment discrimination lawsuit against her employer. The firm associate that filed the action made a mistake by attaching the wrong U.S. Equal Employment Opportunity Commission (EEOC) right-to-sue letter. The court dismissed the claims. The law firm did not try to re-file using the correct attachment, or try to dismiss the motion. Thirteen months later, the law firm informed Young that the claims had been dismissed, and that the firm was withdrawing from representing her further with the case.

1. Based on the 10 percent compensating balance requirement, how much would Pierce Control Systems have to borrow to acquire $10 million in needed funds?

2. Forecast the firm’s financial statements for 2002 and 2003. What will be the external financing requirements of the firm in those years? Can the firm repay its loan within a reasonable period? In order to forecast the financial statements of 2002 and 2003, the following assumptions need to be made. The growth of sales is 15%, same as 2001, which is estimated by managers. The rate of production costs and expenses per sales is constant to 50%. Administration and selling expenses is the average of last 4 years. The depreciation is $7.8 million per year, which is calculated by $54.6 million divided by 7 years. Tax rate is 24.5%, which is provided. The dividend is $2 million per year only when the company makes profits. Therefore, we assume that there will be no dividend in 2003. Gross PPE will be $27.3 million (54.6/2) per year. We also assume there is no more long term debt, because any funds need in the case are short term debt, it keeps at $18.2 million. According to the forecast, Star River needs external financing approximately $94 million and $107 million in 2002 and 2003, respectively. In order to analysis if the company can repay the debt, we need to know the interest coverage ratio, current ratio and D/E ratio. The interest coverage ratios through the forecast were 1.23 and 0.87 respectively, which is the danger signal to the managers, because in 2003, the profits even not

The Scoop answers the most commonly posed questions in the last 30 days to the Underwriting Scenario desk from Home Point Financial’s AEs and their clients. Every few weeks, we’ll share those responses, so we can make your job a little easier.

SFS Energy Finance Americas (“SFS EF AM”) requests the approval to commit up to $100 million to the proposed refinancing of the existing Term Loan of Calpine Steamboat Holdings, LLC (“Steamboat” or the “Borrower”). The Borrower plans to raise about $465.0 million in the new Term Loan (the “Term Loan”) to repay about $195.0 million of the remaining senior-secured term loan as well as partially reimburse Calpine Corporation (“Calpine”) (B+/Ba3/B+; SFS Equivalent 7+) for the acquisition related costs of the Morgan Energy Center (the “MEC”). The MEC is 809 MW combined cycle facility in Decatur, Alabama. The refinancing will release the Mankato Plant (375 MW contracted facility in Minnesota) from the collateral agreement and replace it with the MEC as the collateral. In addition, the new term will extend the maturity of the new Term Loan by six years with an expected balloon at the maturity of about $126.6 million (27.2% / $120.56/kW). The balloon payment under the previous financing was about $356 million or about $578/KW. The new Term Loan maturity is the earlier of 9 years from the Closing or December 31, 2025. The Borrower also owns Freeport Energy Center (the “FEC”) – a 241 power generating facility in Freeport, Texas, and the lenders will have a first priority security interest in substantially all real and personal property and assets of these projects (FEC and MEC).

Technology is currently evolving at a very rapid pace mostly due to the genius and many innovations of mankind. While probably most innovations are made with the intent to benefit society, there are always some that are made with malicious intent. I believe that FinFisher is a case of the former. FinFisher was suppposedly marketed as spyware to be used by law enforcement.¹ While it seemed that it was not Gamma International's intent for their software to be used in such terrible ways, I think that they should still be held accountable for creating the software that gave those who used them the tools to do what they did.

out a loan to grow business operations. The maximum loan offer from Suburban National Bank