Pacific Grove Spice Company Analysis

The appropriate style is that of an executive brief prepared for the chief executive officer -- clear,
concise, to the point, devoid of unnecessary background material; but nevertheless, complete, self-contained,
logically consistent and well-supported with technical appendices. Your assumptions must be listed and
justified, either in the text or in the first appendix.
Question：Based on Pacific Grove Spice Company’s forecasted financial statements, are its profitable
operations sufficient to quickly bring it into compliance with the bank’s requirements? Show your work of
calculation and explain the reason.