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Hot Shoppes, Inc., 1956 Annual Report
Image 7
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Marriott Hot Shoppes. Hot Shoppes, Inc., 1956 Annual Report - Image 7. 1956. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. May 28, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/787/show/777.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Marriott Hot Shoppes. (1956). Hot Shoppes, Inc., 1956 Annual Report - Image 7. Annual Reports from the Hospitality Industry Archives. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. Retrieved from https://digital.lib.uh.edu/collection/hiltonar/item/787/show/777

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Marriott Hot Shoppes, Hot Shoppes, Inc., 1956 Annual Report - Image 7, 1956, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed May 28, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/787/show/777.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

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Compound Item Description
Title Hot Shoppes, Inc., 1956 Annual Report
Creator (LCNAF)
  • Marriott Hot Shoppes
Publisher Marriott Hot Shoppes
Date 1956
Description Hot Shoppes, Inc. Annual Report for the fiscal year ending on July 29, 1956.
Subject.Topical (LCSH)
  • Hospitality industry
  • Hotel management
  • Corporation reports
Subject.Name (LCNAF)
  • Marriott Hot Shoppes
Genre (AAT)
  • annual reports
  • business records
Language English
Type (DCMI)
  • Text
  • Image
Original Item Location Marriott Hotels Collection
Digital Collection Annual Reports from the Hospitality Industry Archives
Digital Collection URL http://digital.lib.uh.edu/collection/hiltonar
Repository Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston
Repository URL http://www.uh.edu/hilton-college/About/hospitality-industry-archives
Use and Reproduction No Copyright - United States
File Name index.cpd
Item Description
Title Image 7
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_028_007.jpg
Transcript HOT SHOPPES, INC. and subsidiaries Statement of Consolidated Income and Retained Earnings For the years ended July 29,1956 and July 31,1955 We have audited the records of account of Hot Shoppes, Inc. and its subsidiaries for the fiscal period August 1, 1955 to July 29, 1956, in accordance with generally accepted auditing standards applicable to the circumstances, and, in connection therewith, we did not omit any procedures deemed necessary or applicable. Our examination included a general review of income and expense accounts, a test-check of inventory quantities, and analyses and verification of other accounts to the extent we deemed appropriate. We hereby certify that, in our opinion, the accompanying balance sheet and related statements of income and surplus fairly present, in accordance with generally accepted principles of accounting, the true financial condition of Hot Shoppes, Inc. and its subsidiaries as at July 29, 1956, and the results of its operations for the period ended on that date. Respectfully submitted, WAYNE KENDRICK S COMPANY /Jz**«p++c, 7v^~tKgSB5§ ^t-t By Wayne Kondrick Certified Public Accountant November 5; 1956 GROSS INCOME From operations Other DEDUCTIONS Cost of sales and operating expenses. Administrative, miscellaneous, and interest expenses INCOME BEFORE PROVISION FOR INCOME TAXES PROVISION FOR FEDERAL AND STATE INCOME TAXES NET INCOME ..' ' RETAINED EARNINGS — At Aug. 1, 1955, and Aug. 1, 1954 DEDUCT Dividends on Common Stock _ Miscellaneous deductions RETAINED EARNINGS — At July 29, 1956, and July 31, 1955 (Note D) The accompanying notes (page 7) are an integral part of this statement. 1956 1955 $29,170,667 101,282 $23,551,621 69,167 $29,271,949 $23,620,788 $25,063,581 2,362,538 $19,753,721 2,037,819 $27,426,119 $21,791,540 $ 1,845,830 997,843 $ 1,829,248 993,945 $ 847,987 5,036,475 $ 835,303 4,542,785 $ 5,884,462 $ 5,378,088 $ 299,413 (23,137) $ 313,296 28,317 $ 276,276 $ 341,613 $ 5,608,186 $ 5,036,475