Based on the information please answer the following questions:

1. Can company pay the Yomi with cash or do they need to apply for credit?

2. Can company use the money they have left over into new finacial instruments or projects?

3. What is the gross profit margin for 2019 and 2020?

4. What is the operating profit margin percentage for Grant Dental in 2019 and 2020? What does that tell you about this business?

5. Why is it important for an entreprenuer to have basic financial intelligence?

Grant Dental Group (LLC) is a multi-specialty dental practice. Its main headquarter is based in Reno, Nevada and the company has been operating since 2017. The company provides services for residents in the Washoe county and neighboring counties. GDG is committed to giving patients a smile they can be proud of, as well as the quality dental care that makes them look and feel good. Company's friendly team of dental professionals is committed to patient's oral health. The company wants to distinguish itself by utilizing cutting edge technology for services provided for its regional patients. One of the most common procedure and revenue generation field is placing dental implants and the CEO wants to distinguish their practice with unsurpassed implant accuracy and precision by buying The Yomi robotic guidance platform (Neocis, Miami FL) to increases implant placement predictability over freehand surgery, which helps to avoid static guide drawbacks, and enhances the patient experience throughout by increasing restorative outcome confidence. The system costs $150,000 up front and Neocis charges a per implant fee. Yomi is a new alternative to traditional surgical techniques. Yomi provides dental surgeons with robotic guidance during surgery. The surgeon is in control at all times. Yomi combines the surgeon's skill with the benefits of robotic surgery. Yomi also provides assistance to the surgeon in planning and placing the implants. This helps the surgeon place the implant precisely for a natural look and feel. Yomi allows surgeon to quickly make changes to the patient's surgical plan. This helps make treatment easy for the surgeon and the patient. Analysis of cash flows statement is a big challenge to the CEO of the company because much of his understanding of the tools and techniques are confined to the analysis of the balance sheet and the income statement. He was wondering how to start the analysis of cash flow statements to make the decision for the purchasing of the new implant robot. The company uses accrual basis accounting, in which income and expenses are recorded when they are earned or incurred-not when the money actually leaves or enters the bank accounts. While income statements are excellent for showing how much money a company has spent and earned, they don't necessarily tell how much cash business has on hand for a specific period of time. So, even if the CEO sees income reported on the income statement, he may not have the cash from that income on hand. The cash flow statement adjusts the information recorded on the income statement, so he can see the net cash flow - the precise amount of cash a company has on hand for that time period. The purchase of equipment appears as a cash outflow under Cash Flow from Investing Activities. By reducing cash flow for the period by the amount of the purchase, the balance sheet remains balanced. A cash flow statement informs management of how much money enters and exits the business during a certain time period. Along with balance sheets and income statements, it's one of the three most important financial statements for managing small business accounting and making sure a company has enough cash to keep operating. The importance of the cash flow statement is that it allows us to rapidly know the company's liquidity, delivering key information that helps make the following decisions: - What is the maximum amount of input we may purchase? - Can we pay with cash or do we need to apply for credit? - Should we take payment in cash or provide credit? - Can we pay off bills as they become due, or do we need to seek refinancing? - Can we use the money we have left over into new financial instruments or projects? Along with purchasing new equipment, the CEO of Grant Dental Group has been informed that due to the rising population in Reno brought on by the attractiveness of the local market, the local government has decided to sell several buildings around town. One building is located directly next to the current GDG headquarters. If Grant Dental Group were to put in a bid and receive this space, they would have the ability to grow their practice quicker than anticipated by using the space for research and development to help bring the industry of dental care forward. They acquisition of this piece of property would help to solidify Grant Dental Group as a leader in the dental industry for years to come. Before the CEO decides to put in a bid, he, as well as the other members of Grant Dental Group want to see if the current operations are profitable. Ratios are calculated by using the information that is presented in the financial statement. The purpose of ratios is to see what the raw number can't. There are several different types of ratios that are typically calculated, profitability, leverage, liquidity and efficiency. For this scenario, Grant Dental Group is interested in seeing the company's current operations profitability and will need to calculate the gross profit margin percentage and the operating profit margin percentage. Gross Profit Margin can be calculated using the following formula: RevenueGrossProfit Operating Profit Margin \% can be calculated using the following formula: RevenueoperatingProfit