Question
For my Accounting project I need to answer the following questions: Based on your analysis and company research would you, as a bank-lending officer, approve
For my Accounting project I need to answer the following questions:
Based on your analysis and company research would you, as a bank-lending officer, approve a 5-year loan for this company? If so, how much would you approve the loan for and for what purpose? Would you require security or collateral? Explain your reasoning.
My company is Walgreens and all their information can be found below. I just need help answering this question.
Return on Equity | 0.13842539 | ||||
Return on Assets | 0.045 | ||||
Earnings per Share | 2.000 | ||||
Profit Margin | 3268200.417 | ||||
Current Ratio | 0.748 | ||||
Quick Ratio | 0.379 | ||||
Receivable Turnover | 26.450 | ||||
Inventory Turnover | 12.650 | ||||
Times interest earned | 9588383.838 | ||||
Debt to Equity ratio | 0.398 | ||||
Price/Earnings (P/E) ratio | 17.491 |
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