CORPORATE FINANCE

 Part 1: El Cap Climbing Company 

El Cap Climbing Company (ECCC) is a small startup that manufactures and sells high-quality climbing gear in Fresno, California. The founder of the company, Leah, has been incredibly successful, but hasn’t kept the company’s financial records as well as she might have. The initial investment for El Cap was provided by her friends and family, and was small. However, current operations can’t meet the demand for the product, and Leah has plans to increase both production and the number of storefronts. These plans require a large investment from both equity and debt financing. The new investors and creditors require detailed financial statements. Leah has hired you, a financial analyst, to prepare these statements and give insight into the financial position of the firm. Leah has provided information from her bank statements, bills, and receipts in an Excel spreadsheet, which is found in your downloaded project files. 

Don't use plagiarized sources. Get Your Custom Essay on
CORPORATE FINANCE
Just from $13/Page
Order Essay

She explained to you that taxes are paid at a rate of 30 percent, and dividends are paid at a rate of 40 percent. 

Prepare the following: 

 An income statement for 2015 and a income statement for 2016 
A balance sheet for 2015 and a balance sheet for 2016 
Operating cash flows for the two years 
Cash flows from assets in 2016 
Cash flows to creditors for 2016 
Cash flows to stockholders for 2016 

THE ATTACHED FILE IS THE FILE YOU NEED TO USE TO CREATE #1-6

B. Answer the following: 
1. How would you describe the financial position of the firm in 2016? Write a brief overview. 
2. What do you think about Leah’s plans to expand? 

Order your essay today and save 25% with the discount code: COCONUT

Order a unique copy of this paper

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
Top Academic Writers Ready to Help
with Your Research Proposal
Live Chat+1(978) 822-0999EmailWhatsApp

Order your essay today and save 25% with the discount code COCONUT