Humira Boards is a small company that manufactures and sells snowboards in Ottawa. Fred Redknapp, the founder of the company, is in charge of the design and sale of the snowboards, but he is not from a business background. As a result, the companys financial records are not well maintained.

The initial investment in Humira Boards was provided by Fred and his friends and family. Because the initial investment was relatively small, and the company has made snowboards only for its own store, the investors have not required detailed financial statements from Fred. But thanks to word of mouth among professional boarders, sales have picked up recently, and Fred is considering a major expansion. His plans include opening another snowboard store in Calgary, as well as supplying his sticks (boarder lingo for boards) to other sellers.

Freds expansion plans require a significant investment, which he plans to finance with a combination of additional funds from outsiders plus some money borrowed from the banks. Naturally, the new investors and creditors require more organized and detailed financial statements than Fred previously prepared. At the urging of his investors, Fred has hired financial analyst Jennifer Bradshaw to evaluate the performance of the company over the past year.

After rooting through old bank statements, sales receipts, tax returns, and other records, Jennifer gets enough information to prepare the financial statements. She delegates this task to her assistant Vera.

(1) Name 4 stakeholders of the company Humira Boards. (2 points)

(2) Is Humira Boards a Public Listed Shareholding company? Explain your answer. (2 points)

Q2. the NPV of project A is $4,430.50 and the NPV of Project B is $5,102.06. Which project will the company choose if it applies the NPV decision rule? Explain your answer