Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

i newd help please and thank you Corporate France Institute. All rights reserved [Company Name] Balance Sheet USD 5 millions 2014 2015 2016 2017 2018

i newd help please and thank you
image text in transcribed
image text in transcribed
Corporate France Institute. All rights reserved [Company Name] Balance Sheet USD 5 millions 2014 2015 2016 2017 2018 Assets Current assets: Cash Accounts Receivable Prepaid expenses Inventory Total current assets 167.971 5,100 4,806 7,805 185,682 181.210 5.904 5,513 9.601 202.228 183,715 6.567 5.170 9.825 205.277 211,069 7.117 5.998 10.531 234.715 239.550 7,539 5.682 11,342 254.112 Property & Equipment Goodwill Total Assets 45.500 3,580 234,762 42.350 3.460 248,038 40,145 3.910 249.332 38.602 3.870 277.187 37.521 3.850 305,483 Liabilities Current liabilities: Accounts Payable Accrued expenses Unearned revenue Total current liabilities 3.902 1.320 1.540 6762 4.800 1.541 1.560 7.901 4912 1,662 1,853 8.427 5.265 1.865 1.952 9,082 5.671 1.899 1.724 9.294 Long-term debt Other long term liabilities Total Liabilities 50.000 5.526 50.000 5,872 63.773 30,000 5,565 43,992 30.000 6.051 45,133 30.000 5.909 45,203 62.288 170.000 Shareholder's Equity Equity Capital Retained Earnings Shareholder's Equity Total Liabilities & Shareholder's Equity 2.474 170.000 14.20 184,265 24.038 170.000 140 140 32 170.000 62.053 232,053 277.187 170.000 90.290 200.280 305,433 172.474 234.762 0.000 0.000 0.000 Check 0.000 0.000 Fantasy Confections Inc. is looking to obtain credit from your financial institution for a large contract the company's CFO has presented you with the last 5 years of financial results for their company for you to consider the credit extension to be granted. Fantasy confections wishes a term loan of 200 MM to be repaid within 25 years at an interest rate of 9.5 % per annum. Credit score of the company is IG *industry grade 85 risk deemed to be consider acceptable. The company is growing and they are looking to expand as the additional funds will serve them to expand operations in Europe. Company has always repaid debt as agreed and is looking to obtain a fixed rate for this borrowing request. For this project you will utilize ratios calculations, you will propose a payment according to what you determine from the balance sheet. You will base your analysis according to the 5 c's or credit. I posted on the stream the 5 c's of credit analysis which you will utilize to develop a Hull analysis of this company and provide an appropriate approval or rejection. In teams of 5-7 people dig through the financial statements and determine if they have the capacity to repay the loan back and if you will apply conditions for this company as part of the approval (subject to review of financial results etc).. Any additional information that you deem pertinent you can ask your professor ation to complete this Best of luck guys !!! I expect a word document and a small ppt pr assignment

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

State the uses of job description.

Answered: 1 week ago

Question

Explain in detail the different methods of performance appraisal .

Answered: 1 week ago