Submitted by: Submitted by brianmoss04
Views: 746
Words: 887
Pages: 4
Category: Science and Technology
Date Submitted: 05/30/2011 08:32 PM
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...