The most recent financial statements for Hopington Tours Inc follow. Sales for 2018 are projected...

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The most recent financial statements for Hopington Tours Inc follow. Sales for 2018 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. WOWINGTON TOUR IN 2017 statement of comprehensive Incom 5747,000 502,000 13.000 Earning before interest and ta $147.000 antenat paid 15.000 Tato in $132.900 Taxes (301) Not in Dividends Addition to retained earnings ales Coats the expanse 39.600 $ 92.400 $18.480 73, 920 HOPINGTON TOURS INC. Statement of Pinancial Position as of December 31, 2017 Ante Liabilities and Owners' Equity Current asseta Current liabilities Canh $ 25,700 Accounts payable Accounts receivable 41,100 Notes payable Inventory 87,300 Total Total $154,100 Long-term debt Owners' equity Fixed assets Common stock and paid-in surplus Net plant and equipment $410,000 Retained earnings Total Total sente $564.100 Total liabilities and owners' equity $ 68, 400 17.400 $ 85, 800 $130,000 $144,000 204,300 $348,300 5564,100 Complete the pro forma statement of comprehensive income below. (Input all amounts as positive values. Omit S sign in your response.) BOPANOTON TOURS INC. Pro roma Statement of comprehensive Income 20 Sales Growth Bales $ ta Other spate $ Internet Taxable income stat income $ 3 Mad. E Complete the pro forma statement of financial position below. Aste Current . Accounts receivable Invey total HOPINGTON TOURING Pro roma statuunt of Financial Position abilities and were quity Current Labasties Accounts payable Nate payable $ Total Long term debe On quity Coonon stock and paid in murplus Betained oaming Tota 5 Det blant and equipment Total Tantities and owner squity 3 Calculate the EFN for 20% growth rates.

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