S&S Air‚ Inc. 2009 Income Statement Sales COGS Other Expenses Depreciation EBIT Interest Taxable Income Taxes (40%) Net Income $20‚077‚000 $14‚985‚000.00 $2‚399‚000.00 $655‚000.00 $2‚038‚000.00 $362‚000.00 $1‚676‚000.00 $670‚400.00 $1‚005‚600.00 Dividends Add. To RE $205‚000.00 $800‚600.00 2009 Balance Sheet Current Assets Cash AR Inventory Total CA Fixed Assets Net P&E Total Assets 1. Ratios Current Ratio Quick Ratio Current Liabilities $365‚040 $1‚534‚680 $1‚238‚500 $3‚138‚220 AP Notes Payable
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S & S Air: Case Study: S & S Air’s Mortgage 3001-3 FNCE Financial Management Week 4 William Jones October 9th‚ 2012 Case Study: S & S Air’s Mortgage Background: S&S Air manufactures light aircraft. The owners of S & S Air‚ Mark Sexton and Todd Story‚ were impressed by the work Chris had done on financial planning. By using Chris’s analysis and looking at the demand for light aircraft‚ they decided that their existing fabrication equipment was sufficient‚ but that it was
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experience and it insisted on the freedom and the autonomy of the individual” (Wolf). The philosophy of existentialism‚ and one of its greatest philosophers Jean Paul Sartre‚ were the motivation and inspiration to the arts and humanities during the 1940’s and 1950’s. First allow me to elaborate on the definition of existentialism and France at the start of 1940. Existentialism is a philosophical movement oriented toward two major themes‚ the analysis of human existence and the centrality of human choice
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Business Law What is Business Law? Businesses interact in many and varied ways. To name just a few types of business transactions‚ there are contracts‚ mergers and acquisitions‚ leasing‚ etc. How these transactions are carried out is overseen by Business Law. Additionally‚ how businesses are formed is a large part of Business law. This area of law is very wide-ranging‚ although it deals primarily with defining the rights and responsibilities of businesses‚ rather than enforcing these laws. Because
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HOGESCHOOL UTRECHT Law Chapter 4 Tort Tort Contents 1) 2) Introduction .......................................................................................................................................... 2 1.1) Tort and Crime .............................................................................................................................. 2 1.2) Tort and Contract ............................................................................................................
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Eternal Law and Human Law As humans live in this world‚ laws and regulations are strictly enforced for the justice‚ safety‚ and rights of the humans. Whether those laws are eternal or temporal‚ all laws require standards. Saint Augustine’s On the Free Choice of the Will discusses these standards and defines what each laws mean. Most importantly‚ Augustine argues that eternal law is necessary for temporal law to exist and for the nation to function properly. I agree with Augustine’s argument on
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between the role of criminal law and civil law in relation to the legal system and analyse the purpose of the law. Criminal law is the body of law that relates to crime. It might be defined as the body of rules that defines conduct that is prohibited by the state because it is held to threaten‚ harm or otherwise endanger the safety and welfare of the public‚ and that sets out the punishment to be imposed on those who breach these laws. [1] The criminal law serves several purposes and benefits
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were not so happy. There were those who wanted to stop funding the Germans with the proceeds from their beer. There were those wanted the opportunity to tell differing views on creation in their classrooms. Also‚ most notably‚ there were women who were tired of being forced to be housewives and demanded to be treated as equals among the men. The crisis in values that occurred during the 1920’s‚ as insignificant as it might seem today‚ forced Americans to reshape their way of thinking and make changes
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Nuremberg Laws The Nuremberg Race Laws were announced as two new laws on September 15‚ 1935‚ which included the Reich Citizenship Law and the Law for Protection of German Blood and German Honor law. These laws became known as the Nuremberg Laws because they were first announced at a Nazi Party Rally held in Germany. The Nazis made these laws because they believed that the world is divided into distinct races that are not equally strong and as valuable as others. The Nazis also considered Germans
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Sports have always been an important part of people’s lives and a way for them to relax. The 90’s was a decade of unbelievably talented athletes and major icons. Michael Jordan started his fame in basketball and is now known as one of the greatest basketball players of all time. In 1995‚ at age fourteen Serena Williams became a top competitor and became a pro in the game of tennis. Tiger Woods became the first golfer in history to win the U.S. Amateur title for three consecutive years. The 1992 Dream
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