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 MicrosoftÂ® ExcelÂ® document Develop a 1,050-word analysis and include the following: â€¢ 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. â€¢ 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? â€¢ Analyze whether the investment in the truck is profitable. â€¢ Explain whether it is more beneficial for Frank to close his business. â€¢ Explain what you would do in this same situation.
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