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Question 2 You are a lender at a bank and you have a quota of money that you can lend during any month. There are
Question 2 You are a lender at a bank and you have a quota of money that you can lend during any month. There are two prospective borrowers that each want to borrow $500,000. You are looking at these company's cash flow statements to deter Based upon the following cash flow statements, which company should you lend to? JETER CORP WILLIAMS CORP Net cash provided by (used in) operating activities $300,000 $1200,000) Net cash provided by (used in) investing activities (50,000) 150,000 Net cash provided by (used in) financing activities _150,000) 250,000 Net increase in cash 200,000 200,000 Cash balance, beginning of year 60.000 60,000 Cash balance, end of year $260,000 $260,000 Please read the answers carefully. They may not be in the same order as shown above. Jeter Corp O Williams Corp O the credit risk appears the same - I would lend to either company
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