anytime s/he feels like it. If they are leasing, it's illegal for the landlord to up the rent. I think I'd send them to the AER office to get a good look at what is going on. It's also not uncommon for AER to contact the landlord and ask what type of lease it was and for a copy of documentation. Also, since the Soldier is the first person to challenge the raising of the rent, I also assume he isn't deployed. If he IS deployed and the landlord is raising the rent while he's gone, it's against federal
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the data they present. By discussions held in class it allows us to analyze the following detail: stockholders’ equity, dilutive securities and earnings per share, investments, revenue recognition, income taxes, pensions and postretirement benefits, leases, changes and error analysis, and cash flows. All numbers presented throughout this discussion are in millions. With respect to the Coca Cola statement, we have determined that through the owner’s equity the corporation had three categories:
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24, December 2012 Memorandum To: Supervisor From: Sarah Dixon Re: Leases and lease structure issues It has come to my attention of our client’s concern regarding the uncertain relationship with a customer who may potentially offer the company a significant growth benefit. The following memo will address the client’s concern and recommend a solution to the problem, giving a summary of several different types of leases. One of the most important issues here lies with understanding that
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the catering business the following issues would need to be resolved: · How the $15,000 left in the investment would be split. · How to handle the lease on the rented space, which has 18 months more to run. · How to handle the lease for the van, which has 18 months more to run. · How to handle the lease on for the kitchen equipment, which as six months more to run. Chris and Pat Smith, and Martin and Miller decided it was best to have a termination contact set
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following actions for the restructuring: 1. On December 15, 2010, Pharma. Co. issued a press release announcing its intentions to terminate its operating lease. The lease agreement stipulates that written notice is required for early termination. The lease termination fee is $1.3 million. The company plans to vacate the leased plant and sign the lease termination agreement on January 31, 2011. 2. On December 27, 2010, Pharma Co. management communicated the one-time termination plan to its employees
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STANDARD LETTER FOR TENANTS From:PETER COCHRANE & ELIZABETH SCOTT PATERSON T/A MANSE PROPERTIESInsert name and address of landlord | To:MELANIE FEBRER, 46 BARGATE COURT, BARRACH STREET, NORWICH NR31TWInsert name and address of tenant | Concerning your tenancy of the following house:12 WESTFIELD PLACE, DUNDEE DD1 4JUInsert address of house | This is to inform you, as the tenant of the house described above, that Chapter 4 of Part 1 of the Housing (Scotland) Act 2006 applies in
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Burlington Northern Railroad Company: Equipment Leasing To: Rob McKenney Vice President & Treasurer BNRR From: Paul Weyandt Director of Equipment Finance BNRR Date: July 15, 1990 Subject: Lease Vs Buy Option for Auto Racks Equipment This memo is in regard to the recent proposal of leasing or buying the bi-level and tri-level Auto Rack equipment for Burlington Northern Railroad Company. As indicated before, this equipment is a great investment for our company
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Name: Exercise: "E21-3, Lessee Entries; Capital Lease with Executory Costs and Unguaranteed Residual Value" Course: Date: Assume that on January 1, 2011, Kimberly-Clark Corp. signs a 10-year noncancelable lease agreement to lease a storage building from Trevino Storage Company. The following information pertains to this lease agreement: 1. The agreement requires equal rental payments of $90,000 beginning on January
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Subject: Lease Structure & Lease Issues The company’s client, a trucking company, currently has 100 trailers. However, a new project requires the client to have 120 trailers. The relationship on the project is uncertain, which may affect the financial position of the client. The additional trailers needed for this project can be obtained through a lease option or by direct financing. In making the decision for a lease structure, the client needs to understand more about lease structure
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that the legal fees being paid by Big Bear for Goliath Co. would be excluded from the minimum lease payment. Reading further in 840-10-25-6 (e) it says “Fees that are paid by the lessee to the owners of the special-purpose entity for structuring the lease transaction. Such fees shall be included as part of minimum lease payments” so you would include these fees paid by Big Bear for the structuring the lease. In the Intermediate Accounting SIXTH EDITION p.832 under the Executory Costs “These expenditures
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