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Maha Skydiving Adventures Income Statements For the Year Ended Dec. 31, 2020 ($ in 000's) 2020 2019 Sales 1,937,500 1,550,000 Cost of Goods Sold 1,562,500
| Maha Skydiving Adventures | ||
| Income Statements | ||
| For the Year Ended Dec. 31, 2020 ($ in 000's) | ||
| 2020 | 2019 | |
| Sales | 1,937,500 | 1,550,000 |
| Cost of Goods Sold | 1,562,500 | 1,250,000 |
| Gross Profit | 300,000 | |
| Selling and G&A Expenses | 137,500 | 110,000 |
| Depreciation | ? | 15,000 |
| EBIT | 220,700 | ? |
| Interest Expense | ? | 25,000 |
| Earnings Before Taxes | 190,700 | ? |
| Taxes | ? | ? |
| Net Income | 123,955 | 97,500 |
| Notes: | ||
| Tax Rate | 35.00% | 35.00% |
| Shares Outstanding | 80,000 | 80,000 |
| Earnings per Share | ? | ? |
| Dividends per Share | ? | ? |
| Addition to RE per Share | ? | ? |
| Dividend Payout Ratio | 50% | |
| Maha Skydiving Adventures | ||
| Income Statements | ||
| For the Year Ended Dec. 31, 2020 ($ in 000's) | ||
| 2020 | 2019 | |
| Sales | 1,937,500 | 1,550,000 |
| Cost of Goods Sold | 1,562,500 | 1,250,000 |
| Gross Profit | 300,000 | |
| Selling and G&A Expenses | 137,500 | 110,000 |
| Depreciation | ? | 15,000 |
| EBIT | 220,700 | ? |
| Interest Expense | ? | 25,000 |
| Earnings Before Taxes | 190,700 | ? |
| Taxes | ? | ? |
| Net Income | 123,955 | 97,500 |
| Notes: | ||
| Tax Rate | 35.00% | 35.00% |
| Shares Outstanding | 80,000 | 80,000 |
| Earnings per Share | ? | ? |
| Dividends per Share | ? | ? |
| Addition to RE per Share | ? | ? |
| Dividend Payout Ratio | 50% | |
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Financial Trading And Investing
Authors: John Teall
3rd Edition
0323909558, 978-0323909556
