The most recent financial statements for Nuesca Holidays Inc. follow. Sales for 2018 are projected...

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The most recent financial statements for Nuesca Holidays 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. Misc Holidays Inc 2017 Statement of Comprehensive Incom Sales Costs Other expenses Earnings before interest and taxes Interest paid Taxable income Taxes (30%) Net income Dividends $28,140 Addition to retained earnings 65,660 $759,000 594,000 15,000 $150,000 16.000 $134,000 40,200 $ 93,800 Assets Current assets Cash Accounts receivable Inventory Total Huesca Holidays Inc. Statement of Financial Position as of December 31, 2017 Liabilities and Omers' Equity Current liabilities $ 26,900 Accounts payable 42,300 Notes payable 88,500 Total $157,700 Long-term debt Owners equity Connon stock and paid in surplus Retained earnings Total $520,700 Total liabilities and owners' equity $ 69,600 18,600 $ 88,200 $142,000 Fixed assets Net plant and equipment $128,000 162,500 $290, 500 5520,700 Total assets Complete the pro forma statement of comprehensive income below. (Input all amounts as positive values. Omit S sign in your response.) Hurrays the Sales $ Costs Other expenses LIIT Taxable income Taxes (sex) $ $ Dividends Add to Complete the proforma statement of financial position below. Current sets Cash Accounts receivable Inventory Total $ $ Huesca Holidays The Pre Forma Statement of Financial Position abilities and OunersEquity Current liabilities 5 Accounts payable $ Notes payable $ Total 5 Lone tere debt Owners equity Common stock and paid in surplus Retained earnings Total Total liabilities and owners wouity $ $ Fixed assets Net plant and equit $ $ 5 Total assets 5 Calculate the EFN for 20% growth rates. 20% $ EEN

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