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03

KC Zephryhills Baseball Team

   
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Title: KC Zephryhills Baseball Team
 
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Subject: Miscellaneous
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Date: March 15, 1999
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Length: 4 / 1106
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Most of the revenues and cash result directly from a cash inflow or outflow. Meeting with the Players and Bill- Paul Hanrahan the player's lawyer gave Bill only the income statement for 1983-1984. Paul has a few disputes with the owners' statements in a few areas in which the owners were hiding the profits for the team...
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Paul has a few disputes with the owners' statements in a few areas in which the owners were hiding the profits for the team. 1. Roster depreciation 2. Overstated player salary expense 3. Related-party transactions Paul explained that roster depreciation is not real due to the player's increase their skills with experience and the deprecation should show up when a team is sold...
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