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The most recent financial statements for Hopington Tours Inc. follow. Sales for 2020 are projected to grow by 20%. Interest expense will remain constant; the

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The most recent financial statements for Hopington Tours Inc. follow. Sales for 2020 are projected to grow by 20%. Interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, and accounts payable increase spontaneously with sales. The firm is operating at full capacity and no new debt or equity is issued. HOPINGTON TOURS INC. Statement of Financial Position as of December 31, 2019 The most recent financial statements for Hopington Tours Inc. follow. Sales for 2020 are projected to grow by 20%. Interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, and accounts payable increase spontaneously with sales. The firm is operating at full capacity and no new debt or equity is issued. HOPINGTON TOURS INC. Statement of Financial Position as of December 31, 2019

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