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
Premium Generally Accepted Accounting Principles Balance sheet
The 1950’s-60’s70’s-80’s Miranda Moultrie Nixon Back Again The United States presidential election of 1968 was the 46th quadrennial presidential election‚ held on Tuesday‚ November 5‚ 1968. Moon Shot On July 21‚ 1969‚ President Nixon spoke from the Oval Office to Apollo 11 astronauts Neil Armstrong and Edwin Aldrin at the Sea of Tranquility on the Moon. Apollo 11 was the spaceflight that landed the first humans on the Moon‚ Americans Neil Armstrong and Woodstock A village in New York state
Premium Apollo 11 Richard Nixon Neil Armstrong
| 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
Premium United States dollar Currency United Kingdom
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
Premium John F. Kennedy Lyndon B. Johnson Vietnam War
Women’s Fashion in the 1920’s Fashion became a large influence on women in the 1920’s. This allowed women to become independent and free from the society. Many designers such as‚ Coco Chanel‚ Jeanne Lanvin and Salvatore Ferragamo have made an enormous impact on the evolution of women’s clothing. Styles of clothing have changed overtime‚ especially during the 1920’s era. During this time‚ hemlines became shorter‚ clothing was more revealing‚ women dressed freely and the sophistication and elegance
Premium Women's suffrage Woman Feminism
Effects on Same Sex School Does anyone think about what is same sex school? Why any students want to go there? Both single sex school and co-ed school have advantages and disadvantages. If we were parents‚ we would think that which school is better to let children go. Some of them do not care about the issue‚ but it may happen some problems to their children. In other word‚ if parents think about it carefully‚ their children will be successful. Going to same sex schools have had several positive
Premium Education Gender
The Role of the S.S. in the Holocaust All along people have said that Hitler did the Holocaust. This statement is not entirely true‚ and it was his soldiers did. They marched under the Nazi orders‚ and exterminated men‚ women‚ and children alike. The SS started out with humble beginnings. They were founded and started by Adolf Hitler himself. They were started with no intent to harm or kill‚ but to protect Hitler and his fellow party members. They had 300 members in the beginning. They
Premium
Workplace Organisation 5 S’s WHAT IS 5S? • Developed by the Japanese • Workplace Organisation and Housekeeping System • Helps Create a Better Working Environment and a Consistently High Quality Process THE 5S PRINCIPLES • SEIRI – Organisation • SEITON – Orderliness • SEISO – The Act of Cleaning • SEIKETSU – The State of Cleanliness • SHITSUKE - The Practice of Discipline WHY DO IT? QUALITY EFFICIENCY 5S SAFETY ELIMINATING BREAKDOWNS EFFICIENCY • Time is wasted looking for tools‚ equipment
Premium Cleanliness Tool Hygiene
influence on people´s personality features‚ clothing has become what. Over the 50’s and 80’s decades‚ it was suffered as many changes as the history its self has had. The main point on this essay is to compare or contrast the 80’s and 50’s fashion tendencies‚ and representative trends. First of all‚ I found remarkable to notice that during the 50’s‚ clothing could have the opproral of trousers and jeans for ladies and that elegance has been one very important thing since then. About the 80’s decade‚ we notice
Premium Clothing Fashion Trousers
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
Premium Balance sheet Financial ratios Generally Accepted Accounting Principles