1. Please assess the current financial health and recent financial performance of Astral Records. What strengths or weaknesses would you highlight to Sarah Conner? 2. Please forecast the financial statements of Astral for 1994 and 1995. What will be the external financial requirements of the firm in those years? In your opinion, can the company repay its loan within a reasonable period? 3. What is Astral’s WACC? Explain the methods and assumptions you used to complete your estimation of the WACC. 4. What are the free cash flows of the packaging-machine investment? In your opinion, should Conner approve the investment?

On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.