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Question: Another growth opportunity has arisen for BluJay Aviation and the company has asked for your business consulting company's advice. A company giving scenic rides

Question: Another growth opportunity has arisen for BluJay Aviation and the company has asked for your business consulting company's advice.

A company giving scenic rides over the city in a helicopter has decided to close their business. The helicopter is for sale. Financing of this purchase would be either by borrowing or by obtaining new investors.

Directions

Your final letter/report from your consulting company to BluJay is due by the end of this module. It should include your advice on financing the helicopter. What are the advantages and disadvantages of each form of financing expansion? Be sure to determine the effect on the financial statements and various ratios. Recommend whether BluJay should expand, and if so, how the helicopter should be purchased.

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