In this task, you will prepare a summary report that analyzes the proposed expansion.
A. Prepare a summary report in which you do the following:
1. Recommend a capital structure approach that maximizes shareholder return.
a. Justify your recommendation.
2. Discuss capital budget areas that raise concern.
3. Discuss how working capital can be properly obtained and managed for the expansion operation.
4. Discuss whether Competition Bikes, Inc. should merge with or acquire the Canadian Biking Inc. facility.