The purchase price for the Aircraft is (a) $21 million, consisting of: i. $16 million, $300,000 of which comes from the release of funds in the Escrow Account; and ii. the principal amount of the Note; plus (b) the Buyer’s assumption of the Assumed Liabilities. 2.3 Time and Place of Closing. The Closing is to take place on November 25, 20XX at the offices of Workhard & Playlittle, 1133 Avenue of the Americas, New York, New York, 10:00 A.M. Eastern Standard Time, or at such other time and date as to which the parties may agree (the time and date of the Closing, the “Closing Date”).
AIRCRAFT PURCHASE AGREEMENT AIRCRAFT PURCHASE AGREEMENT dated November 5, 2013, between Supersonic Wings Corp., a Delaware corporation (the "Seller"), and Fly-by-Night Aviation, Inc., a New York corporation (the "Buyer"). WHEREAS, the Seller desires to sell to the Buyer, and the Buyer desires to purchase from the Seller, the Aircraft (as defined in Section 1.1); This Agreement provides for the sale of the Seller’s Gulfstream Aerospace Corporation G550 jet to the Buyer. Accordingly, the parties agree as follows: Article 1. Definitions 1.1 Defined Terms. As used in this Agreement, terms defined in the preamble of this Agreement have their assigned meanings, and the following terms have the meanings set forth below: "Agreement" means this Aircraft Purchase Agreement and all Schedules and Exhibits, as each may be amended from time to time.
[ 12 ]. Ibid., Kindle Locations 1371-1372. [ 13 ]. Robert Walter Wall, “The Problem of Observed Pain: A Study of C.S. Lewis on Suffering,” Jets 26/4 (December 1983): 443-451, accessed September 30, 2014, http://www.etsjets.org/files/JETS-PDFs/26/26-4/26-4-pp443-451_JETS.pdf.
[ 3 ]. A&E Television Networks, LLC., "Bio: True Story." [ 4 ]. Patrick , Ranfranz, "Charles Lindbergh: An America n Aviator." [ 5 ].
Management Report for T&H Airlines Executive Summary T&H is a domestic airline that until now has been self-insured. Current Company CFO, Bill Albertson, is studying the best option in terms of insurance for the company, to minimize risk at the lowest possible cost. To analyze this issue a simulation model for T&H Airlines was developed using the company data and the industry information. Two quotes were presented and considered by the company CFO. Quote number one has a premium of 150% of actual losses and a minimum and maximum of $5 and $12 per 1,000 insured, while policy two has a premium of 100% of actual losses and a minimum and maximum of $6 and $9 per 1,000 insured.
2014. <http://en.wikipedia.org/wiki/Jet_%28magazine%29>. Makofsky, Nina. "The history of Jet magazine." EHow.
Mark and Jack have provided the following financial statements. Ed has gathered the industry ratios for the light airplane manufacturing industry. Questions 1. Using the financial statements provided for Tuxedo Air, calculate each of the ratios listed in the table for the light aircraft industry. 2.
Security Assessment and Recommendations for Aircraft Solutions Constance Ross Submitted to: Professor Kevin Reynolds SEC571 Principles of Information Security and Privacy Keller Graduate School of Management Submitted: January 27, 2013 Table of Contents Executive Summary 1 Company Overview 1 Security Vulnerabilities 3 A Hardware Firewall 3 A Policy 3 Recommended Solutions 4 A Hardware Example Solution 4 A Software Example Solution 5 Impact on Business Processes…………………………………………………………. 6 Budget…………………………………………………………………………………… 7 Summary………………………………………………………………………………… 8 References 9 Executive Summary Aircraft Solutions (AS) is a recognized leader in the design
Questions 1. Using the financial statements provided for S&S Air, calculate each of the ratios listed in the table for the light aircraft industry. Current ratio=current assets \current liabilities 1,561,800\2,085,000=0.74 times Quick ratio=current assets-depreciation\current liabilities 1,561,800-976,200\2,085,000=0.28 times Cash ratio= cash\current liabilities 315,000\1,561,800=0.20 times Total assets turnover=Sales\total assets 21,785,300\13,077,800=1.66 times Inventory turnover=cost of goods sold\inventory 15,874,700\740,800=21.4 times Receivable turnover=Sales\accounts receivable 21,785,300\506,000=43.05 times Total debt ratio=total assets-total equity\total assets ( 13,077,800-7,192,800)\13,077,800=0.44 times Debt-equity ratio=total debt\total equity (13,077,800-7,192,800)\7,192,800= 0.81 times Equity multiplier= Total assets\total equity 13,077,800\7,192,800=1.81 times Times interest earned=EBIT\Interest 2,171,900\341,600=6.3 times Cash coverage ratio=EBIT+Depreciation \Interest 2,171,900+976,200\341,600=9.2 times Profit margin=Net income\sales 1,098,180\21,785,300=0.05 times Return on assets=Net income \total assets 1,098,180\13,077,800=0.08 times Return on equity=Net income \total equity 1,098,180\7,192,800=0.15 times 2. Mark and Todd agree that a ratio analysis can provide a measure of the company’s performance. They have chosen Boeing as an aspirant company.
Chapter 1 Introduction Discussion Questions 1. Using Exhibit 1.3 as a model, describe the source-make-deliver-return relationships in the following systems: a. An airline Source: Aircraft manufacturer, in-flight food, repair parts, computer systems Make: Aircraft and flight crew scheduling, ground services provided at airports, aircraft maintenance and repair Deliver: Outbound and arriving passenger service, baggage handling Return: Resolve any post-service issues such as lost or damaged luggage b. An automobile manufacturer Source: Suppliers of components and raw materials Make: Manufacturing of vehicles and components or subassemblies to be sold as spare parts Deliver: Delivery to and sales from dealerships, delivery of spare parts to the wholesale system Return: Warranty and recall repairs, trade-ins c. A hospital Source: Medical supplies, cleaning services, disposal services, food services, qualified personnel Make: Inpatient rooms, outpatient clinics, emergency room, operating rooms Deliver: Scheduling patients, providing treatment, ambulance service, family counseling Return: Billing errors, follow up visits d. An insurance company Source: Supplies needed for the office, underwriters, legal authority to operate Make: Establish policy guidelines and pricing, field agent/representative and facility network, develop Internet service capabilities, establish preferred vehicle repair service network Deliver: Meet with and advise clients, write policies, process and pay claims Return: refund of overpayments 2. Define the service package of your college or university.