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The company plans to efficiently maintain the assets in the long run. The average total assets of the firm are $45,000. The firm also plans

The company plans to efficiently maintain the assets in the long run. The average total assets of the firm are $45,000. The firm also plans to cover the solvency ratios in a reasonable manner to seek additional refinancing from the capital providers. The company has 50,000 shares outstanding. The company plans to raise more capital by issuing shares. The company's ROE has been determined to be 10% which is likely to go up in the next year. The company is concerned about the profitability ratios of the company and it is seeking your advice to improve them. The sales of the recent quarter of 2019 have gone down to $5,800 whereas the net earnings are $ 3,200. The company is planning to expand in the future. It is planning to open one more branch in Greater Vancouver region. The shareholders, Board of Directors (BOD) and the managers may have disagreement on its decision though.
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