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Analyze carefully Sally Dizon owns and operates a very successful bookstore in the university belt are. She wants to expand her store with an investment
Analyze carefully
Sally Dizon owns and operates a very successful bookstore in the university belt are. She wants to expand her store with an investment of Php 100,000 and plans to borrow the money from a bank. a) What information will the bank need before making a decision? b) What financial statement should Sally submit together with the loan applications? c) Are there any other factors that the bank will consider in determining whether to approve or disapprove the loanStep by Step Solution
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