Silver Cloud Computing is a company that provides cloud
computing services. The company commenced operations on March 1,
2016. It acquired financing from the issuance of common stock for
$40,000,000 and issuance of 4% bonds that mature in 2026 for
$30,000,000. The income statements and balance sheets for the first
two years are provided in a separate Excel spreadsheet. All amounts
are in thousands.
Required:
The Chief Executive Officer (CEO) is interested in increasing
sales and decreasing expenses. You...