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please answer 2 and 3 question. ASAP MINI CASE 107 Ed Cowan was recently hired by Tudo Air Inc. to assist the organization with its

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please answer 2 and 3 question. ASAP
MINI CASE 107 Ed Cowan was recently hired by Tudo Air Inc. to assist the organization with its financial planning and to evaluate the organization's performance. Ed graduated from university six years ago with a finance degree. He has been employed in the finance department of a TSX100 company since then Tuxedo Ar was founded 12 years ago by friends Mark Taylor and Jack Rodwell. The organization manufactured and sold light airplanes over this period, and its products have received high reviews for salty and reliability. The organization has a niche market in that it sols primarily to individuals who own and by their own airplanes The company has two modols; the Sparrow, which poin for $63,000. and the Vulture, which nolls for $78.000 Although the comparty manufacturos aircraft, Its operations are ditforent from commercial aircraft companies Tuxedo Ar buikdo alrcraft to order. By using profabricated parts, the organization can complete the manufacture of an airplane in only five weeks. The organization also receives a deposit on each order, as well as another partial payment before the order is complete. In contrast, commercial airplane may take one and one-half to two years to manufacture once the order is placed Mark and Jack have provided the following financial statements. Ed has gathered the industry ratios for the light airplane manufacturing Industry Other expenses Turede All Inc. 2015 Statement et comprehensive Income Sales $36,54,300 Cod of goods sold 26,44% 4611,000 Depreco 10020 FIT 5 264,604 Totest 52200 Table Income $ 3076 404 Towes 4400 123019 Nel cor 5184243 Dividendi 5 560.000 Add to retained earnings 1.24.2002 Click here for a description of Tobile Mini Oase Tunedo Ar in 2015 Statement of Comprehensive Income And Current Cash Accoutro Tiado Aline 2015 Statement of Finance Polo nts Cuentos 5 340 Account pote 637560 poble Totat cu 5344550 1.00 277200 Istor 51961 Longo 55050.000 Forma R DI o 2015 Statement of Sole Cordofgode herpe Depreciation 972.200 $2.07.204 101 SLR 5 560,000 Ne come Dividende Ao todo TT MINI CASE 107 Ed Cowan was recently hired by Tudo Air Inc. to assist the organization with its financial planning and to evaluate the organization's performance. Ed graduated from university six years ago with a finance degree. He has been employed in the finance department of a TSX100 company since then Tuxedo Ar was founded 12 years ago by friends Mark Taylor and Jack Rodwell. The organization manufactured and sold light airplanes over this period, and its products have received high reviews for salty and reliability. The organization has a niche market in that it sols primarily to individuals who own and by their own airplanes The company has two modols; the Sparrow, which poin for $63,000. and the Vulture, which nolls for $78.000 Although the comparty manufacturos aircraft, Its operations are ditforent from commercial aircraft companies Tuxedo Ar buikdo alrcraft to order. By using profabricated parts, the organization can complete the manufacture of an airplane in only five weeks. The organization also receives a deposit on each order, as well as another partial payment before the order is complete. In contrast, commercial airplane may take one and one-half to two years to manufacture once the order is placed Mark and Jack have provided the following financial statements. Ed has gathered the industry ratios for the light airplane manufacturing Industry Other expenses Turede All Inc. 2015 Statement et comprehensive Income Sales $36,54,300 Cod of goods sold 26,44% 4611,000 Depreco 10020 FIT 5 264,604 Totest 52200 Table Income $ 3076 404 Towes 4400 123019 Nel cor 5184243 Dividendi 5 560.000 Add to retained earnings 1.24.2002 Click here for a description of Tobile Mini Oase Tunedo Ar in 2015 Statement of Comprehensive Income And Current Cash Accoutro Tiado Aline 2015 Statement of Finance Polo nts Cuentos 5 340 Account pote 637560 poble Totat cu 5344550 1.00 277200 Istor 51961 Longo 55050.000 Forma R DI o 2015 Statement of Sole Cordofgode herpe Depreciation 972.200 $2.07.204 101 SLR 5 560,000 Ne come Dividende Ao todo TT

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