Create a section of a memo to list each of the CC&Rs individually and explain if the company did or did not comply (the numbers that apply need to be included in this section of the memo). Discuss each of the 5Cs and how the organization performed based on each of the 5Cs. Do not just list the 5Cs - explain how each of the 5Cs were used to make the loan decision. Another section should be created to include meeting minutes and timelines identifying items to be completed by the team members.

Scenario: You are required to conduct an analysis of specific financial data of Bob Smith, Inc. Bob is an existing bank customer. When the loan to Bob was originally made in 2016, the bank required Bob to increase the YE 2016 cash balance to at least $70,000 to qualify for the interest rate that the bank used for the original loan. This cash balance was required for the bank to make its target yield on the loan created. The Cash Flow Statement and Balance Sheet show an actual YE 2017 cash balance of less than $34,000.

2017 Cash Flow Statement Operating Activities \begin{tabular}{|l|r} \hline Net Income & $3,155,848 \\ \hline Depreciation and amortization & $212,366 \\ \hline Decrease in accounts receivable & $58,563 \\ \hline Increase in accounts payable & $46,232 \\ \hline Increase in wages payable & $6,625 \\ \hline Increase in accrued income tax & $4,310 \\ \hline Increase in inventory & ($71,079) \\ \hline Increase in other current assets & ($11,339) \\ \hline Taxes & ($225,700) \\ \hline Net Cash Provided from Operating Activities & $3,175,826 \\ \hline \end{tabular} Investing Activities \begin{tabular}{l|r} \multicolumn{1}{ll}{ Decrease in goodwill and other assets } & \multicolumn{1}{r}{$30,420} \\ \hline \multicolumn{1}{l|}{ Increase in PP\&E } & ($109,455) \\ \hline Net Cash Used in Investing Activities & ($79,035) \\ \hline Financing Activities & \\ \hline Decrease in long-term debt & ($113,534) \\ \hline Dividents Paid & ($2,966,412) \\ \hline Net Cash Provided from Financing Activities & ($3,079,946) \\ \hline Cash Reconciliation & \\ \hline Net increase/decrease in cash & $16,845 \\ \hline Cash at beginning of year & $16,566 \\ \hline Cash at end of year & $33,411 \\ \hline \end{tabular} Common-Size Balance Sheet