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Use Microsoft Word or another word processor to compose your answer. Copy and paste the text here. Attachments will not be accepted. In order to recelve the top score $(100$ points$),$ initial discussion answers must completely address all of the elements within this prompt and demonstrate careful thought. Emphasis will also be placed on correct grammar, punctuation, and sentence structure. In addition, you must provide at least $2$ robust follow$-$up postings to the students of your choice.

Colleen Fernandez, president of Rhino Enterprises, applied for a $$175,000$ loan from First Federal Bank. The bank requested financial statements from Rhino Enterprises as a basis for granting the loan. Callien has tald her accountant to provide the bank with a balance sheet. Colleen has decided to amit the other financial statements because there was a net loss during the past year.

is Colleen behaving in a professional manner by omitting some of the financial statements? What $2$ types of information about their businesses would owners be willing to provide bankers? What $2$ opes of information would owners not be willing to provide? What $2$ types of informotion about a business would bankers want before extending a loan?

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