Question
Data on retail shop that is larger than yours, but sells similar products: Recently sold for 419,000 (And it had this number of square feet)
Data on retail shop that is larger than yours, but sells similar products:
Recently sold for 419,000
(And it had this number of square feet) 33,400
Your Property Dimensions
Ground Floor 39 by 26
Floor 1 39 by 21
Adjustment for size and location 1.4
Your Inventory Number Cost Per Item
Lamps 22 222
Desks 25 445
Leather Couches 22 2,485
Cloth Couches 12 1,787
Your Receivables Amount Day's Past Due
Invoice # 8313 3,417 79
Invoice # 6565 1,687 38
Invoice # 6383 2,400 78
Invoice # 2413 1,214 37
Invoice # 9127 629 70
Invoice # 6386 3,404 38
Invoice # 8461 1,081 57
Invoice # 9832 1,027 74
Invoice # 7776 1,749 54
Invoice # 8413 3,063 61
Invoice # 3287 503 77
Invoice # 6601 3,187 42
Invoice # 5505 1,859 77
Invoice # 395 623 49
Invoice # 2254 1,451 69
Invoice # 1283 3,812 74
Invoice # 9356 3,237 79
Invoice # 1637 1,590 48
Invoice # 2003 627 71
Invoice # 2004 2,143 74
Your Marketable Securities
Shares Price
1,160 40.92
1,140 57.66
Your local bank's collateral lending schedule is as follows:
Your Property 50.0%
Equipment 60.0%
Inventory 10.0%
Receivables (< 60 days) 70.0%
Stocks 80.0%
How much will your bank lend your business?
A Between 50,000 and 120,000
B Between 120,000 and 145,000
C Between 145,000 and 170,000
D Between 170,000 and 200,000
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