3. Depreciation percentage=$1‚640‚200/$15‚411‚620 = 10.64% New Fixed Assets=$15‚411‚620 + $30‚000‚000 = $45‚411‚620 $45‚411‚620*.1064 = $4‚831‚796 new depreciation Pro forma Income Statement Sales ($36‚599‚300*1.12) $40‚991‚216 Cost of Goods Sold ($26‚669‚496*1.12) 29‚869‚836 Other Expenses ($4‚641‚000*1.12) 5‚197‚920 Depreciation 4‚831‚796 EBIT 1‚091‚664 Interest 573‚200 Taxable Income 518‚464 Taxes
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A valedictory speech Ladies and gentlemen‚ dear family and friends‚ teachers. My fellow students‚ we did it! Many years passed as we watched others graduate‚ imagining ourselves to their places. And now‚ after three years‚ here we are. Three years of lack of sleep‚ agonizing over too hard homework assignments and not really knowing what we were doing. However those three years were not that terrible after all. There were moments of joy‚ laughter‚ and most importantly moments of true friendship
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Mere Christianity is a book written by C.S. Lewis‚ the book has four major sections that break down the author’s‚ take on what Christianity is and how it may best be practiced in life. The book does not pick sides between the different denominations within Christianity‚ the intent of the book is to express the common views inherent in all the various denominations of Christianity‚ that are often forgotten in the debates about where these different sects disagree; this paper will take you through
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As Aristotle stated‚ “What then is choice‚ or what sort of thing is it‚ since it is none of the things mentioned? It is obviously something willing‚ but not everything that is willing is something chosen” (Ethics‚ III‚ 1112a‚ 10). Leadership is something willing‚ but also something chosen. By making the choice to lead you are an embodiment of virtue. This thought does not start and end with Aristotle‚ but also with a more modern writer‚ C.S. Lewis. In his essay “The Way‚” the second essay in
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Fantasy plays a big role in the life of children because fantasy helps to create children’s creative ability. Since there is no such thing as magic in our world‚ children are left to use their imagination. There is a border between the world of fantasy‚ and the natural world. We can define these borders because one world is the world in which we live‚ and the other is one in which we have to imagine. When we are young‚ our parents read us fairy tales which show us the value of fantasy. In the book
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Morality is the human attempt to define what is right and wrong pertaining to our actions and thoughts. Conferring to C.S. Lewis‚ he describes the behavior on three levels: First is to certify fair play and agreement between persons; second is to help make us better people in order to have a decent civilization; and the third is to keep us in a good connection with the control that created us. We can become moral by ourselves by expanding those things that can help us pursue our dreams and by believing
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Rick Cohen‚ president and CEO of C&S Wholesale Grocers‚ is faced with the dilemma of deciding whether and how to implement the self-managed team concept in his unionized warehouse. With the holiday season approaching‚ the busiest time for C&S‚ he needs to come up with a solution or the reputation of C&S will be jeopardized. Cohen‚ grew up in the family business and completed his undergraduate studies at the Wharton School at the University of Pennsylvania. One of his greatest strengths that he
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Unit 201 Principles of communication in adult social care settings: 1.1- People communicate to pass on information to other staff members. 1.2- Effective communication effects all aspects of working in adult social care because without effective communication people could repeat mistakes which have previously been made or they may do something bad which could be prevented by communication. 1.3- It is important to observe individuals reactions t communication because it may
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| Case Study Four | S&S Air International? | | | 5/7/2011 | The business world is highly competitive‚ changes quickly and is filled with risks and rewards. The international business world is no different! Things can change on the international stage in the time it takes to get a cup of tea! S&S Air has been in discussions with a dealer in Europe to sell the company’s model known as “The Eagle”. The dealer‚ Amalie Diefenbaker‚ has told S&S Air that she will pay the
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RUNNING HEAD: THE 1950’s AND 1960’s 1 The 1950’s and 1960’s Tracy Ladner Mississippi University for Women History 110 RUNNING HEAD: THE 1950’s AND 1960’s 2 The 1950’s and ‘60’s was a time of great growth and change for America. Some called it “The Golden Age” (Brinkley‚ 2012‚ p.779). For the most part there was prosperity and advances
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