The Tudor Group of Taxi corporations are owned by Adrian & Florina Tudor, who have been Chicago Fleet operators for over 12 years. They own and run their 329 medallions through their management company, Medallion Leasing & Management Inc. Our loans were serviced by servicers, TFA4 (100% participations) and Tri-Global Financial Services (97.06% participations). The loans are guaranteed by Adrian & Florina Tudor. Additionally the TFA4 loans are guaranteed by Medallion & Leasing Management Inc. In conjunction with the Master JPA between Tri-Global and COTMF, the owners of Tri-Global also provided their Guarantees the Tri-Global serviced loans. These guaranties have a springing unlimited (100%) guaranty provision in the event the loans within
This team has been assigned to perform an executive summary of Berkshire Hathaway Inc. (BHI). This company has been profitable for the last three fiscal years, and is on the U.S. Stock Exchange. This summary will contain information gathered from BHI’s most recent annual report. Using the company’s balance sheet, cash flow statement, and income statement (all three are attached following the references) 14 key areas will be addressed:
Organizations are constantly being challenged to identify ways to reduce operating cost, increase equipment capacity and utilization. There are many variables in why we see continued increases. One of the major effects is raising fuel cost. Companies are constantly battling this variable. This is not the only issue facing companies today. But it is certainly a concerning one to companies who rely on fuel for their company to thrive. These challenges are aligned with rising material costs as well. The economics of transportation affects the lives of all U.S. citizens and citizens of other nations. The
The company that we will be covering is J.B. Hunt Transport Services, Inc. JB Hunt is a transportation company, primarily trucking, that is based in Lowell, Arkansas and was founded in 1961. The company has 16,000 employees, with 12,000 trucks, and 47,000 trailers in operation; they offer their transportation services to Canada, Mexico, and the continental United States. We chose J.B. Hunt because they are leading innovators in green transportation by using environmentally friendly fuel, reducing empty miles, training drivers to drive in a fuel-efficient manner, and a myriad of other green innovations (J.B. Hunt, 2015). J.B. Hunt’s innovations have made them one of the most competitive transportation companies in the nation (J.B. Hunt, 2015). Compared to their competitors, they have the same amount of drivers, but bring in double the profit margins. Among their extensive list of awards and honorable recognitions are included the Most Innovative Third Party Service Provider from Voluntary Interindustry Commerce Solutions, one of America’s Most Admired Companies from Fortune Magazine, Top 500 Greenest Big Companies in America from Newsweek Magazine, and Top 100 Companies for Employee Training from Training Magazine. They have been leaders in developing environmentally friendly forms of product transportation and many companies have adopted their progressive methods (J.B. Hunt, 2015).
After an extensive review of all applicable datasets and information, we conclude that the taxicab medallion values for the period for January 2016 to April 2017, calculated using the discounted cash flow methodology, were $550,000 and $1,108,000, respectively.
The Trotter and Balaban Firm has done well so far for this year. Though it is only September, we are already looking to end this year in good standing. During the year there were some tough patches. A property needed to be mortgaged for $175, and a railroad (which normally costs $200) was purchased for $500. These setbacks did not put our firm back much though, the mortgage property helped save a partner from going bankrupt, and the overbuy of the railroad proved to bring in more rent revenue than what it was purchased for. There was also some trading of land for the company that hurt one partner but helped the partner profusely. Though not all the trades of lands were smart decisions, (at one point our competitor owned the entire side of the board), the Trotter and Balaban Firm was able to pull through and hold strong. As the calendar year comes to a close in a few short months, the Trotter and Balaban Firm plan hope to remain in the good standing we are in now, if not in a better and more secure one.
At Peregrine Trucking Company, we attempt to maintain a high level of efficiency and social consciousness while meeting or exceeding our profit margins. Taking a glance at our financial report, the two largest expense variables that we currently have are labor and fuel. Neither of these expenses is eliminable in our company; however, we can reduce these expenses slightly.
Palmer’s Concrete is an independent owned limited liability corporation that uses concrete to build sidewalk curves, and lay foundations for any edaphic. Palmer’s Concrete Limited Liability Company is based in the historical city of Pensacola, Florida and is located in the historical Brownsville area. The overall mission of Palmer’s Concrete is to form a foundation professionally for the moral structure of the individual, the businesses, and secure an affiliate friendship with other local business with similar administrations (Floyd Palmer, personal communication, November 15, 2015). Floyd recalls that his family has always been philanthropist, and C.E.O’s of their own businesses. Floyd started
Trinity Industries Inc. is a “diverse industrial company that has managed to tap a variety of market-leading businesses providing products and services to the energy, transportation, chemical, and construction sectors” (Trinity Industrial INC. – about us). Trinity’ 2015 10K annual report was used to derive the following information. Their main headquarters is located in Texas, their state of incorporation is Delaware, and they have been publicly traded since 1958 on the New York Stock Exchange, under the symbol “TRN”. Trinity employs over twenty thousand individuals primarily in the United States, and Mexico and maintains a distinct group of clients through their five segments. The first Rail Group, which is the heart of the company earned
The Leslie Fay Companies, which is a manufacturer of women’s apparel, was founded by Fred
Public voting decides how much a money the average American brings home. People have to come to a settlement on who they want to vote for and who would make a good president. Donald Trump, who is currently running in the presidential election of 2016, started his career in an office that was shared with his father in Brooklyn, New York. Trump has worked his way up to owning his own organization, “The Trump Organization.” Trump decided to run for the presidency of the United States, a title that he deserves. Trump has been head of his company and has experience in running large operations. He speaks for all of the American people, including the middle and lower-class. Not only that, but Trump has proven that he doesn’t use falsehood, but
Envy Rides Incorporated is owned by Mr Hessels and he is planning a renovation and an expansion to attract more customers and to keep the image of Envy’s Rides Inc. as high as possible. In order to make this plan possible, Mr Hessels asked for a loan to the Genesis Bank of Canada. He requested a $60.000 long-term loan for a partial renovation for his dealership and for the tattoo extension to his shop. The second is a capital loan of $450.000 for the day-to-day operations of his motorsport recreational dealership.
Businesses but not all corporations are categorized as conglomerates. Conglomerates and other sorts of corporations are permitted entities, meaning that the entity can purchase possessions or face charges. Corporations and conglomerates, pay state and federal taxes. Conglomerates are distinguished by the fact that they have much more complex assemblies than other sorts of corporations.
Carnival Corporation, like many other companies, has had its ups and downs throughout the years of its existence. Their "first cruise ship, the TSS Mardi Gras, ran aground on a sandbar during its inaugural voyage." (Business Insider, p.1) In 1998 one of the company’s cruise ships had a fire in the laundry room that led to the ship losing its course. However, 2012 and 2013 were especially hard for the company due to two incidents that caused the company to lose both revenue and the confidence of their shareholders and customers. In their 2012 Annual report, the company states “revenues declined $410 million primarily as a result of the direct and indirect consequences of the Costa Concordia incident”. (Carnival Corp & plc Annual Report, p. 2)
Marriott uses the Weighted Average Cost of Capital (WACC) to measure the opportunity cost for investments. WACC is calculated using the 1987 financial data provided in the Marriot Corporation: The Cost of Capital (Abridged) case study and estimators.
Tesla Motors Incorporated, an American company that designs, produces, and sells electric vehicles and their electric components, has become one of the fastest growing car companies in recent history. The company’s main goal was to start creating electric vehicles that were accessible and affordable to the public. Founded in 2003 and taking off successfully by 2009, Tesla Motors started selling the first mass-produced vehicle to use lithium-ion battery cells and hold a range of greater than 200 miles on just one charge. Along with building their own electric vehicle models, Tesla also builds electric powertrain components for vehicles from other automakers including cars such as the Toyota RAV4 electric vehicle. Tesla has begun to maximize