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4 5 Diana Thompson has operated her own small business for several years. Her business is doing w loan officer, she was asked the amount
4 5 Diana Thompson has operated her own small business for several years. Her business is doing w loan officer, she was asked the amount of her "owners' equity" in the business. Diana doesn't kno "owners' equity" issue raised by the bank, what evidence should Diana prepare? O Total assets plus liabilities Total assets minus liabilities Revenues minus expenses Cash minus bank loan balance O Revenues plus cash minus expenses O Cash plus bank loan balance Tangela Company has now missed three loan payments in a row. As you can imagine, Tangela's bank the cash to repay the loan, so an immediate repayment demand would force Tangela into bankruptcy Tangela and the bank are now in negotiations. The bank wants some type of guarantee that it will be the bank will acquire legal title to all of Tangela's current assets in case of bankruptcy. The bank want Tangela Company's financial records include these accounts at the end of the year. Land
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