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Report, April 3, 1941

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UNITED STATES RADIUM CORPORATION BALANCE SHEET AS AT DECEMBER 31, 1940 ASSETS Cash in Banks and on Hand $84,809.19 Investments (Market Value $38,063.75) at Cost 35,041.05 Notes, Accounts and other Receivables (Less Reserves) 51,486.21 Inventories : at cost or market, whichever is lower 75,222.35 Total Current Assets $246,558.80 Investments in and Advances to Weksler Thermometer Corp. 46,758.36 Prepaid Expenses 2,352.27 Investment in Idle Property and Plant (completely leased) 28,360.67 Equipment, Furniture and Fixtures, Less Depreciation 22,648.11 Good-will, Trade-marks, Patents 610.24 Deferred Charges, Leasehold Improve- ments, etc. 6,084.15 $353,372.60 LIABILITIES Accounts Payable and Accrued Expenses $ 41,703.88 Provision for Federal Income Tax 63,000.00 Total Current Liabilities $104,703.88 Preferred Stock $ 50,000.00 Less: Amount held in Treasury 6,050.00 43,950.00 Common Stock Class "A" $ 36,900.00 Less: Amount held in Treasury 225.00 36,675.00 Surplus: Capital Surplus $217,139.94 Deficit from Operations 49,096.22 168,043.72 $353,372.60

Page data

Page
2
Source index
0
Type
photo
Media ID
f9383b1b424e7700
Size
unknown

Document data

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Core
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Context sent to Scholar

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    "ocrText": "UNITED STATES RADIUM CORPORATION\nBALANCE SHEET AS AT DECEMBER 31, 1940\nASSETS\nCash in Banks and on Hand\n$84,809.19\nInvestments (Market Value $38,063.75)\nat Cost\n35,041.05\nNotes, Accounts and other Receivables\n(Less Reserves)\n51,486.21\nInventories : at cost or market, whichever\nis lower\n75,222.35\nTotal Current Assets\n$246,558.80\nInvestments in and Advances to Weksler\nThermometer Corp.\n46,758.36\nPrepaid Expenses\n2,352.27\nInvestment in Idle Property and Plant\n(completely leased)\n28,360.67\nEquipment, Furniture and Fixtures, Less\nDepreciation\n22,648.11\nGood-will, Trade-marks, Patents\n610.24\nDeferred Charges, Leasehold Improve-\nments, etc.\n6,084.15\n$353,372.60\nLIABILITIES\nAccounts Payable and Accrued Expenses\n$ 41,703.88\nProvision for Federal Income Tax\n63,000.00\nTotal Current Liabilities\n$104,703.88\nPreferred Stock\n$ 50,000.00\nLess: Amount held in Treasury\n6,050.00\n43,950.00\nCommon Stock Class \"A\"\n$ 36,900.00\nLess: Amount held in Treasury\n225.00\n36,675.00\nSurplus:\nCapital Surplus\n$217,139.94\nDeficit from Operations\n49,096.22\n168,043.72\n$353,372.60"
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