Frank Smith Plumbing Data Needed for analysis: Year-1 Year-2 Year-3 Project Cost of Capital (borrowing) 12.0% 32.0% 19.2% 11.5% 11.
I need help with this ten point assignment. My life has been crazy and I haven’t had the time I need to wrap my mind around all the necessary concepts in ACC2 and my current class, FIN/370. The assignment is:
Analyze the case study, “Frank Smith Plumbing.”
Analyze the “Frank Smith Plumbing’s Financial Statement” spreadsheet.
Compare the cost of the truck to the cash flow records
Compile your calculations in a Microsoft® Excel® document
Develop a 1,050-word analysis and include the following:
- Explain why limited leverage is good for business.Show the profitability of the project so that Stephanie can convince her father to purchase the truck by borrowing money.
- Explain how Stephanie should convince her mother that it is inappropriate to call the bank manager and his wife for assistance in getting the loan approval?
- Analyze whether the investment in the truck is profitable.
- Explain whether it is more beneficial for Frank to close his business.
- Explain what you would do in this same situation.
Format your assignment consistent with APA guidelines.
- Attachment 1
- Attachment 2
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