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The most recent financial statements for Nuesca Holidays Inc follow. Sales for 2018 are projected to grow by 25% Interest expense will remain constant; the

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The most recent financial statements for Nuesca Holidays Inc follow. Sales for 2018 are projected to grow by 25% 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. Nuesca Holidays Inc. 2017 Statement of comprehensive Income Sales $745,000 Costs 580,000 Other expenses 16, eee Earnings before interest and taxes $149,000 Interest paid 12,000 Taxable income $137,000 Taxes (40%) 54,800 Net income $ 82,200 Dividends $21,920 Addition to retained earnings 60, 280 Assets Current assets Cash Accounts receivable Inventory Total Nuesca Holidays Inc. Statement of Financial Position as of December 31, 2017 Liabilities and Owners' Equity Current liabilities $ 25,500 Accounts payable 40,989 Notes payable 87,189 Total $153,500 Long-term debt Owners equity Common stock and paid in surplus $312,480 Retained earnings Total $465,900 Total liabilities and owners equity $ 68,200 17,200 $ 85,400 $128,000 Fixed assets Net plant and equipment $142,000 110,500 $252,500 $465.900 Total assets Complete the pro forma statement of comprehensive income below. (Input all amounts as positive values. Omit S sign in your response.) Nuesca Holidays Inc Pro Forma Statement of Comprehensive Income 25 % Sales Growth Sales $ Costs Other expenses EBIT $ Interest Taxable income $ Taxes (40%) Net income $ Dividends $ Add to RE $ Complete the pro forma statement of financial position below. Assets Current assets Cash Accounts receivable Inventory Total Nuesca Holidays Inc. Pro Forma Statement of Financial Position Liabilities and Owners' Equity Current liabilities $ Accounts payable $ Notes payable $ Total $ Long-term debt Owners' equity Common stock and paid in surplus $ Retained earnings Total Total liabilities and ownerst equity $ $ $ $ Fixed assets Net plant and equipment $ $ $ $ VAATA Total assets $ Calculate the EFN for 25% growth rates 25% EFN $

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