ML20133P808
| ML20133P808 | |
| Person / Time | |
|---|---|
| Site: | 07000036 |
| Issue date: | 06/14/1957 |
| From: | Campbell W US ATOMIC ENERGY COMMISSION (AEC) |
| To: | Johnson L US ATOMIC ENERGY COMMISSION (AEC) |
| Shared Package | |
| ML20133G976 | List:
|
| References | |
| FOIA-96-343 NUDOCS 9701270098 | |
| Download: ML20133P808 (1) | |
Text
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- UNITED STATES Gd ERNkSY l
y 3.i 1957 Lyall E. Johnson, Chief Licensing Branch DATE:
To Division of Civil A
ication 1
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FROM t Walker S. Camp p # Ac} counting fj "-
l Assistant cont
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FINANCIAL RESPONSIBILITY - NMITMCERABT CMDECAL WORKS i
l SYMBM.: FAc:RG8 The Division of Finance has reviewed the financial data obtained j
from the applicant and other sources. It is our opinion that 4
Mallinckrodt Chemical Works is financially qualified to pay Commaission charges for the use and consug tion or loss of the material mentioned in their application. We also believe that j
the applicant is financially qualified to carry out the proposed use of the material for a reasonable period of time.
Following are some of the more important considerations on which our conclusions are based:
i i
The maxisum amount of AEC material the licensee will have in its possession at any one time is $320,000.
j At the and of 1956, current assets totaled $18.4 million compared with $2.6 million of current liabilities - a current ratio of 7:1. The long-term s
debt of $4.1 million does not nature until 1971. Of the cogany's total assets of $31.2, $24.5 million or approximately 787. is represented by stockholders' aquity.
l We are returning the copy of the licensees Annual Report for 1956 as you requested.
Attachment.
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