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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The 1980s: A time of the Yuppies‚ Brat Packs‚ and Rock and Roll In the great words of Ferris Bueller‚ “Life moves pretty fast. You don’t stop and look around once in awhile‚ you could miss it” ; the infamous 80s went by fast‚ but with the invention of the internet in the 80s‚ we can reminisce and unveil the distinct fashion‚ arts and music of the decade. Fashion from the 1960s/70s evolved into the 1980s. America’s wealth prospered‚ a decade consisting of traditionalism‚ luxury‚ and consumerism
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“Prospective Immigrants Please Note” By Adrienne Rich Either you will go through this door or you will not go through. If you go through there is always the risk of remembering your name. Things look at you doubly and you must look back and let them happen. If you do not go through
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Joseph Reich‚ discusses the causes and effects of this uneven distribution of wealth in America as early as 1991 in his essay “Why the Rich are Getting Richer and the Poor‚ Poorer.” Reich’s essay was not only relevant when written over a decade ago‚ but also remains pertinent to the current economic status of America today. To portray the relationship between the rich as they continued to gain wealth and the poor as they continue to decline economically‚ Reich utilizes a metaphor of three different
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Impressionism vs. Post-impressionism WGU IWC Task 1 Impressionism was an art movement that originated in Paris in the 19th Century‚ during a time of confusion. The second Industrial revolution and the French society were being undermined by the Francco-Prussian war and the siege of Paris. (mind-edge). Art was loaded with political significance. Rulers used art as a way to portray their ideas of beauty ensuring values which in their eyes made a stable and civilized society. A group of Parisian
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People with money have a greater chance to win or get lower sentences compared to poor families. In today’s society we see all kinds of unfair cases coming in and out if the courtroom. People who have enough money to go hire a top of the line lawyer to protect them from being accounted guilty. All the while in the poor community people struggle to survive just to pay their rent‚ and when they commit a crime it’s hard for them to afford a top of the line lawyers. Every day you turn on the TV or the
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Brian Neal Professor Belen English Composition 1 November 14‚ 2010 The 1970s Compared to the 1960s The advancement of civil rights and “government for the people” in the twentieth century has been most prominent during the 60’s and 70’s. When you hear about how the women and minorities fought for their right to change the United States into a better nation from one decade to the next‚ it is amazing. During these two decades‚ Americans fought hard to break down the barriers of civil rights
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Robert B. Reich‚ Why the Rich Are Getting Richer and the Poor‚ Poorer Reich starts his exordium with a distribution of where American workers found themselves in the early 1990’s in reference to where almost all American workers were just 20 years before. Reich placed most of the workers that contributed to the economy during the Nixon administration as being in one boat‚ analogous to the famous quote by G.K. Chesterton‚ “We are all in the same boat‚ in a stormy sea‚ and we owe each other a terrible
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