Isbn: 9780331601381 - statement of the present condition of the philadelphia reading railroad co: with plan for their financial re-organization (classic reprint) (3 resultados)

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condición: New. Print on Demand. This book is an involved accounting document from a 19th century American railroad company, the Philadelphia & Reading Railroad. It contains presentations by the managers of the company, outlining their plans for restructuring debt and improving the company's financial position. The book is primarily concerned with securing funding for paying off the company's large outstanding debt, as well as reducing ongoing fixed charges in order to increase profit margins and return to solvency. The author, Frederick B. Gowen, expounds on the vast coal reserves owned by the company and argues that they represent a highly valuable asset. Nevertheless, Gowen also discusses weaknesses in the company's management and weaknesses in its financial strategy, and presents various plans to rectify these issues. The book provides insight into the challenges faced by American railroad companies in the late 19th century, as well as the financial strategies and accounting practices of the era. Furthermore, its discussion of the company's coal reserves offers a glimpse into the importance of natural resources in the development of the American economy. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…