Sr-Rm-012 Bsa 310 Team Paper

Just need the account and financing of the paper which needs to be 2-3 pages the into/conclusion and other parts are done by other people this is everything on the account and financing portion, not sure what all was needed so I copied and pasted everything

Description of Request:

A summary of all the business systems that Riordan Manufacturing needs for effective management.

Background of Request:

There is not a comprehensive view of the existing and needed business systems.

The Finance and Accounting page is well organized with each financial form getting its own page. The Balance Sheet, Income Statement, and their various Budgets are easily accessible and understandable. When examining the content you have some things that quickly stand out to you. The first of which is that $100k has been used for

NOTE: This situation is transparent to customers and suppliers as each operating entity has maintained invoicing, payments, etc., as was prior to acquisition.

Riordan Manufacturing, Inc.

Consolidated Balance Sheet

Fiscal Year Ending

September 30th

2005 2004

Assets

Current Assets

Cash $305,563 $357,216

Accounts Receivable $6,062,838 $5,657,216

Current Portion of Notes Receivable $70,825 $117,888

Inventories $7,850,970 $7,854,112

Deferred Income Taxes - net $328,832

Prepaid Expenses and Other Items $264,896 $328,192

Total Current Assets $14,555,092 $14,643,456

Notes Receivable, less current portion $256,583 $177,408

Investment in Joint Venture $283,504 $133,504

Property, Plant and Equipment - net $19,114,830 $18,511,360

Intangible Assets - net $329,405 $336,128

Other Assets $52,768 $54,400

Total Assets $34,592,182 $33,856,256

Liabilities and Stockholders' Equity

Current Liabilities

Current Portion of Long-Term Debt $1,219,258 $1,106,304

Accounts Payable $3,650,073 $3,573,248

Accrued Liabilities $1,350,144 $1,350,144...