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Camp Bus Loan Criteria November XX, 202X To: Rhonda, Owner of Camp Dixie From: ___ your name___ You will likely be able/not be able (put
Camp Bus Loan Criteria November XX, 202X To: Rhonda, Owner of Camp Dixie From: ___ your name___ You will likely be able/not be able (put in appropriate choice here, removing red coaching) to borrow $37,000 to buy the bus under the bank's current terms. Your profits for a typical year is $xx,xxx with 20 campers and $xx,xxx with 30 campers. That forecast is based current tuition and costs of running the camp, which can change. A schedule of the cash flows and the profits by month are shown below. Notice the profit amounts differ between accrual basis and cash basis because _______explain here_______________
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