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Accounting Paper the Brick

In: Business and Management

Submitted By kokomos
Words 5490
Pages 22
Running head: THE BRICK GROUP INCOME FUND ANALYSIS

The Brick Group Income Fund Analysis

IPP Paper
BUS311

Table of Contents Executive Summary………………………………………………………………….3 Financial Statement Overview……………………………………………………….4 Purpose of Study……………………………………………………………………..6 Limitations of Study………………………………………………………………….6 Definition of Term/Formulas…………………………………………………………6 Management Discussion and Analysis………………………….…………………….6 Notes to Consolidated Financial Statements…….…………..……………………….11 Exploration of Balance Sheet…………….……….………………………………….15 Exploration of Income Statement………….………..……………….……………….20 Summary and Conclusions…………………..……………………………………….21 References……………………………………………………………………….…...22

Executive Summary

The Brick Group Income Fund is an unincorporated, open-ended, limited purpose trust established under the laws of the Province of Alberta. The Brick Group Income Fund was created to invest in the retail furniture, mattress, appliance, and electronics industry initially through the indirect acquisition of the limited partnership units of The Brick Warehouse LP. The Brick LP owns among other things, 100% of the outstanding limited partnership units of United Furniture Warehouse LP and First Oceans Trading Corporation. United Furniture owns Trans Global Warranty Corp. and its subsidiaries Trans Global Insurance Company and Trans Global Life Insurance Company. The Brick Group Income Fund and all of its subsidiaries and partnerships will collectively be referred to as the “Brick Group” in this paper. The Brick Group is one of Canada's largest volume retailers of household furniture, mattresses, appliances and home electronics. The Brick Group’s strategy is centered on strengthening its competitive...

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