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.