Sunset Boards is a small company that manufactures and sells surfboards in Malibu. Tad Marks, the founder

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Sunset Boards is a small company that manufactures and sells surfboards in Malibu. Tad Marks, the founder of the company, is in charge of the design and sale of the surfboards, but his background is in surfing, not business. As a result, the company's financial records are not well maintained.
1. How would you describe Sunset Boards' cash flows for 2016? Write a brief discussion.
2. In light of your discussion in the previous question, what do you think about Tad's expansion plans?
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Essentials of Corporate Finance

ISBN: 978-1259277214

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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