Answer & Explanation:Analyze the case study, Frank Smith Plumbing. (Attached)Analyze the Frank Smith Plumbings Financial Statement spreadsheet. (Attached)Compare the cost of the truck to the cash flow recordsCompile your calculations in a Microsoft® Excel® documentDevelop 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. (Use attached template)
