The September 1999 edition of Jnc. magazine contains an article by Jill Andresky Fraser entitled “Money Talk: Communicating with Your Banker Is Never Easy. But There Is a Smart Way to Do It.”

Instructions Read the article and answer these questions:

(a) List the five steps to better bank communication described in the article, and provide a brief description of each.

(b) What four criteria does the author suggest for deciding what news needs to be communicated to your banker? Briefly describe each of the criteria.

INTERPRETING FINANCIAL STATEMENTS