decided to take the following actions: Restructuring Item | Relevant Facts Through December 31, 2010 | Terminate its operating lease for one of its facilities | Issued press release re: lease terminationOral discussion with lessor resulting in $1.3M lease termination feeLease agreement requires written notification for terminationPharma to sign written lease termination agreement on January 31, 2011, the date it will vacate the facility | Terminate certain employees | Plan to terminate 120
Words: 682 - Pages: 3
ATC Profile. American Tower Corporation is a holding company. The Company conducts its operations through its directly and indirectly owned subsidiaries and joint ventures. It is a wireless and broadcast communications infrastructure company that owns, operates and develops communications sites. Its primary business includes leasing antenna space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies
Words: 1149 - Pages: 5
Sources of Finance Finance is essential for a business’s operation, development and Expansion. Finance is the core limiting factor for most businesses and Therefore it is crucial for businesses to manage their financial resources Properly. Finance is available to a business from a variety of sources both Internal and external. It is also crucial for businesses to choose the most Appropriate source of finance for its several needs as different sources Have its own benefits and costs. Internal
Words: 894 - Pages: 4
the soldier and the spouse seek financial counseling. I would also want to know why the soldier is disputing the raise in rent. and does he have any legal backing that could help in this situation. I may also recommend the soldier take a copy of his lease to JAG to see if they can find something that may help the soldier out. I would also ensure the company commander and 1SG are aware of the situation as they also may have additional ideas that could help in this situation. Student Comments :
Words: 313 - Pages: 2
the current offer, it is my recommendation NOT to accept the offer of $22,500,000 for Uptown Plaza because there is an approximate 80% probability that the present value of Uptown Plaza will be greater than the current offer if you wait until the lease renewals for the tenants in question are in place (see Appendix A). The below assessment summarizes the downside, but more importantly in this case, upside risk of waiting to sell rather than accepting the current offer. There are 3 key factors
Words: 620 - Pages: 3
Residential Lease Agreement THIS LEASE AGREEMENT is made and entered into this ______ day of ____________, 20 ____, by and between ______________________________ hereinafter referred to as "Landlord" and _____________________________, hereinafter referred to as "Tenant". 1. Landlord leases to Tenant and Tenant leases from Landlord, upon the terms and conditions contained herein, the dwelling located at _____________________________________________ for the period commencing on the _____ day of
Words: 3060 - Pages: 13
Figure 7: Debt issuance/repayments Pg. 10…………………………………………………………………………………………….Bonds Payable Pg. 10…………………………………………………………………………………………….Effective Interest Method Pg. 11…………………………………………………………………………………………….Capital Leases Pg. 11……………………………………………………………………………………………..Figure 8: Capital Leases Pg. 13……………………………………………………………………………………………..Conclusion Pg. 14…………………………………………………………………………………………….Works Cited Introduction The Coca-Cola Company is the world’s leading owner and marketer of nonalcoholic beverage
Words: 2965 - Pages: 12
"Accounting for leases – Financial versus Operational Leases impacts on financial statements and on financial analysis." "Accounting for leases – Financial versus Operational Leases - impacts on financial statements and on financial analysis" A lease is a contractual agreement between two parties for the hire of an asset. The lessee – user of the asset – will pay a lease rent to the lessor – owner of the asset – to be able to use it during a certain period. At the end of the lease the asset is
Words: 860 - Pages: 4
Introduction ASC 840, Leases and FASB Statement No. 13, Accounting for Leases covers the standards of financial accounting and reporting for leases by lessee and lessor. A lease is a contract in which the lessor gives the lessee the right to use an asset (property, plant and equipment) for a specified period of time in exchange for periodic rental payments. The lessor is the owner of the property and the lessee is a tenant or renter. Most frequent examples of assets acquired by lease include automobiles
Words: 458 - Pages: 2
Case Briefing Shelly Sydney PA 105-1 Professor Tippens 09/21/10 Travelers Ins. Co. v. V. Zang, 341 So 2d 88 (La. Ct. App. 1977) FACTS: Mr. and Mrs. Zang lived at their residence for four years. During their time there they experienced some difficulties with the electric range. On of the difficulties is when the burners were on the “off” position they would still heat up. On many occasions Mrs. Zang informed the owner of the situation, and he sent one of his men to work on the
Words: 1633 - Pages: 7
