Question
1. Explain why the cash budget is more important to a bank than the accounting net income when determining a credit decision. 2. Explain why
1. Explain why the cash budget is more important to a bank than the accounting net income when determining a credit decision.
2. Explain why decreases in sales is examined in a sensitivity analysis for a credit decision.
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IT And European Bank Performance
Authors: E. Beccalli
1st Edition
0230006949, 9780230006942
