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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, eee Other expenses 16, eee Earnings before interest and taxes $149, eee Interest paid 12, eee Taxable income $137,eee 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 $ 25,5ee Accounts payable 40,900 Notes payable 87,100 Total $153,500 Long-tern debt Owners' equity Common stock and paid in surplus $312,400 Retained earnings Total $465,900 Total liabilities and owners' equity $ 68,200 17,200 $ 85,400 $128, 600 Fixed assets Net plant and equipment $142,eee 110,500 $252,500 $465,900 Total assets Complete the pro forma statement of comprehensive income below (Input all amounts as positive values. Omit $ sign in your response.) Nuesca Holidays Inc Pro Forma Statement of comprehensive Income 25 % Sales Growth Sales $ Costs Other expenses EBIT $ Interest Taxable income 5 Taxes (40%) Net income $ Dividends $ Add to RE Assets Current assets Cash Accounts receivable Inventory Total Ndesca Holidays Inc. Pro Forma Statement of Financial Position Liabilities and Owners' Equity Current liabilities $ Accounts payable $ Notes payable $ Total $ Long tern debt Owners' equity Common stock and paid in surplus $ Retained earnings Total Total Habilities and owners' equity $ $ $ $ Fixed assets Net plant and equipment $ $ $ Total assets $ Calculate the EFN for 25% growth rates 25% $ EFN

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