Step 1: FINANCING
The younger accounting team has assembled a Financing Report that (a) offers three discretions for securing the additional funds required to as the new ordain; and (b) details the criteria Shaun, the possessor of SunsTruck, would affect you to opine when choosing one of the three discretions. Based on this report:
· Identify which financing discretion you imagine is the best discretion for SunsTruck to continue given Shaun’s constraints. Underline your selection:
· Option 1: Equity
· Option 2: Debt
· Option 3: Obligation + Self-Financing
Explain the rationale for your determination.
Step 2: ACCOUNTING CYCLE
A younger accountant is launched to get anything in ordain for the new financing and has conclude to you delay a doubt encircling what do direct in the accounting cycle Read the email the younger accountant sent you and fulfill the best direct march to catch in the accounting cycle. Explain your reasoning
Step 3: FINANCIAL STATEMENTS
A undeveloped endueor has been signed, but antecedently it is inclined to perpetrate, it has requested notice encircling SunsTruck’s general obligation from the younger accountants.
· Identify the punish financial assertion for your younger accountants that conquer get the endueor delay the notice it has requested. Underline your selection:
· Inconclude Statement
· Balance Sheet
· Cash Flow Statement
Explain to your younger accountants why you are giving them this financial assertion and where the obligation notice is located.
Step 4: FINANCIAL ANALYSIS
If you were the expression of financier separated in March 1, would you endue in SunsTruck? Explain the rationale for your determination?