Candela Corporation Case

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Candela Corporation Case
Axia College of University of Phoenix

Candela Corporation is a company that develops and commercializes advanced aesthetic laser systems that allows physicians and personal care practitioners to treat a wide variety of cosmetic and medical conditions. Over the past three years Candela Corporation has grown because of the consumers that are willing to spend the money for procedures to make their bodies look younger. Consumers want to make sure that they will be safe when they have the procedures and Candela Corporation is dedicated to developing safe and effective products.

In 2002 the net income of Candela Corporation was 2,154 thousand. In 2003 their net income increased to 6,814 thousand, and in 2004 the net income increased even more to 8,119 thousand. The net cash provided by operating activities went from negative 7,071 thousand in 2002 to positive 11,655 thousand in 2003. In 2004 the net cash provided by operating activities was 1,132 thousand. The net cash used in investing activities went from negative 1,058 thousand in 2002 to a negative 1,227 thousand in 2003. In 2004 the net cash used in investing activities was a negative 685 thousand. The net cash provided by financing activities was negative 5,141 thousand in 2002. In 2003 the net cash provided by financing activities was 176 thousand, and in 2004 the net cash provided by financing activities was 4,707 thousand.

In 2002 there was a net decrease on cash and cash equivalents of 12,380 thousand. In 2003 there was a net increase on cash and cash equivalents of 12,156 thousand, and in 2004 there was also a net increase on cash and cash equivalents of 5,326 thousand. The effect of exchange rate changes on cash and cash equivalents in 2002 was 890 thousand. In 2003 the effect of exchange rate changes on cash and cash equivalents was 1,552 thousand. In 2004 the effect of exchange rate changes on cash and cash equivalents was 172 thousand.

Out of the three past years,...
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