Accounting Project Research Paper Example | Topics and Well Written Essays - 2500 words

Accounting Project - Research Paper ExampleThe fellowship has its headquarters in Englewood, Colorado and being the third largest broadcasting fraternity in the US it is serving to more than 13.9 million customers throughout the US. The societys President and CEO is Mr. Charles W. Ergen and the company employs more than 26,000 employees throughout its distribution mesh topology in the US.Before FY 2008 the company has two separate reporting segments namely DISH Network and EchoStar Technologies Corporation. However, after restructuring of companys assets a separate in public traded company EchoStar Corporation (EchoStar) was formed where as the company became a single reportable segment that is DISH Network with its business as provider of a DBS (direct broadcast satellite) subscription television service in the US. The company provides complete solution through receiver systems and programming to its customers which offer a large number of goggle box and radio channels. The pr oduct / service supply chain comprises of direct sales channels, independent retailers such as small satellite retailers, direct marketing groups, topical anesthetic and regional consumer electronics stores and nationwide retailers and even telecommunications companies (DataMonitor). The companys major competitors include AT&T Inc., Comcast Corporation, Cox Communication, Inc., Time Warner, Inc. and TiVO Inc. etc.The companys come up current assets were $6,460,047 and total liabilities $8,409,153 as of December 2008. In the same period the company had a negative shareholders equity of $1,949,106. During the year ending December 2008 (FY 2008) the company has recorded sales revenues of $11,617.2 million. The company was able to post an operating profit of $2,056.2 million in FY2008, while its net profit was $902.9 million in FY2008. The companys operating activities generated a cash inflow of $2,188 million whereas cash out flows from investing activities and financial activities w ere $1,597 million and $1,411 million respectively.