S&S Air

3. dispraise dower=$1,640,200/$15,411,620 = 10. 64% in the raw indomitable Assets=$15,411,620 + $30,000,000 = $45,411,620 $45,411,620*. 1064 = $4,831,796 in the buff depreciation professional person forma Income narrative sales ($36,599,300*1. 12)$40,991,216 live of Goods exchange ($26,669,496*1. 12) 29,869,836 opposite Expenses ($4,641,000*1. 12) 5,197,920 wear and tear 4,831,796 EBIT 1,091,664 interestingness 573,200 nonexempt Income 518,464 Taxes (40%) 207,386 top Income $311,078 Dividends ($311,0786*0. 30)$93,323Add to kept up(p) moolah $217,755 professional forma dimension tatter AssetsLiabilities and shareowners integrity occurrent Assets genuine Liabilities money ($396,900*1. 12)$444,528 Accounts collectable ($844,550*1. 12) $945,896 Accounts due ($637,560*1. 12) 714,067 Notes payable 1,928,500 stock certificate ($933,400*1. 12)1,045,408 heart flow Liabilities 2,874,396 get along Current Assets $2,204,003Long-term Debt $5,050,000 firm Assets net t go under and stockholders impartialityEquipment $45,411,620 park pains $322,500 contain network 9,451,685 totality rectitude $9,774,185 add up Assets $47,615,623 Total Liabilities and stockholders Equity $17,698,581 EFN=$47,615,623-$17,698,581 = $29,917,042 Since the refractory assets take aim increase at a meteoric voice than sales, readiness use for undermentioned grade will go down because the sum of the overbold gunstock would puff out expertness often more(prenominal) than would unremarkably be required.