The Leslie Fay Companies Knapp Case 1. The financial statement items that I believe should have been particular interest to BDO Seidman are the inventory primarily and then the sales. BDO Seidman should have noticed that according the ratios‚ the sales were at a steady rate until the year 1991. The inventory of the company was also having issues with sales due to Leslie Fay not keeping up with the latest fashions and because of a slight recession. According to the ratios and common size statement
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(Gupta‚ 2004). The financial ratios are then compared with the entity ’s ratios for prior periods as well as with ratios for other businesses in the same industry. A comparison with the industry ratios would have warned BDO of some irregularities in Leslie Fay ’s financial statements. BDO Seidman should have been interested some important ratios that would help in determining the accuracy of the financial statements that had been prepared by Polishan and his staff. The important ratios include the liquidity
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Leslie Fay Case 1. After reviewing the common size financial statements and the key ratios of Leslie Fay‚ there some of the financial statement item that should have been of particular interest to BDO Seidman: 1).Sales: the sales has been growing steadily except the slight drop in 1991‚ which is contrary to the industry recession. 2). Inventory: Leslie Fay has been known for not catching up the fashion‚ there should be inventory write-off issue in the apparel industry‚ which haven’t been reflected
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Leslie Jones is an 50 year old African American women born in Memphis Tennessee. She accompanied Jost on Saturday night live‚a comedy show that has been running since 1975‚ when they began discussing Lupita Nyong’o who was named the most beautiful person in the world. Jones went on to saying that she’s also a black woman but she’s single. She said that if it was during the time period of slavery she would easily be married to a black men with a bunch of children. While some people might find Leslie
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“Cray Love” is an autobiography written by Leslie Morgan Stein‚ recalling her life and her struggles throughout her abusive relationship. Leslie Morgan Stein grows up in Bethesda Washington in the 1980’s‚ in a rich family. Her father is a busy lawyer‚ and mother a tragically gorgeous alcoholic. Stein graduates from Harvard‚ and soon after becomes a journalist for Seventeen Magazine‚ in New York City. All of this before she met Connor. Stein has many influences in her life that strengthened her
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the body over with his boot and said‚ ‘ look ‚ Tayo‚ look at the face‚’ and that was when Tayo started screaming because it wasn’t a Jap‚ it was Josiah‚ eyes shrinking back into the skull and all their shrinking black light glazed over by death” (Silko 7). True men do not suffer from the ghosts of war. Manliness condones this behavior in soldiers after World War II. In Silko’s Ceremony¸ she analyzes standard of manliness set for the soldiers suffering from PTSD compared to the standards set at the
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In the article‚ “The Immortal Horizon‚” published in the May‚ 2011 issue of Believer Magazine‚ the author‚ Leslie Jamison‚ shares her experiences and adventures with some abstract‚ although very persistent; characters as she spectates a marathon in Tennessee known as “The Barkley Marathons.” On June 10‚ 1977‚ James Earl Ray attempted to escape from the Bushy Mountain State Penitentiary‚ but was apprehended fifty-four hours later after only traversing eight miles. After hearing this‚ a man known as
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Background The Leslie Fay Companies was a women’s apparel manufacturer established by Fred Pomerantz‚ a former Women’s Army Corps uniform maker during World War II. Despite the “volatile and intensely competitive” (Knapp 34) nature of the industry‚ Leslie Fay grew to have the second largest annual sales compared to any of the other publicly owned women’s apparel manufacturers‚ only behind Liz Claiborne. Fred Pomerantz hired Paul Polishan for a position in the accounting department where Polishan
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Hi‚ Good Morning my name is Taylor Wynn and I chose to research Lisa Leslie. She was born on July 7‚ 1972 in Los Angles. Lisa Leslie was an excellent basketball player in WNBA. She had intended to play basketball just so people could stop asking her if she was a basketball player. Her high school team talked her into trying out for the high school basketball team. Lisa got her high school into state layoff. Then Lisa Leslie begins to get serious about ball. In Lisa Last year of high school
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Leslie Mason‚ a fifty nine year old woman who is a strong and wise independent woman.Leslie is more then my neighbor‚ she is my family. She is a very caring‚ and trustworthy friend and I would do anything for her. One day‚ as I was walking to go see how she was doing‚ she told me that she was going to get hip surgery because she has arthritis and if she does not do something now it will get worse. The doctors told her that she will be getting her hip socket and top of the femur removed and they will
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