Select the most suitable types of collateral available should ANZ bank become the banker of Mr Angelo from the options listed below.

Required: To answer this question, please refer to the financial statement of Mark Angelo

Please note: More than one of the listed options may be correct.

a. Cession of loan account in Mark Equipment Pty Ltd

b. Persian carpets and works of art c. Fixed deposit

d. Residential property

e. Vineyard farm

You are a business development officer of ABC bank. An existing client of yours told you about Mr Mark Angelo who is presently banking with MMM bank. You were told that Mr Angelo is a very rich and influential client who could be approached to move his business to your bank should you be able to offer him favourable rates. During your initial contact with Mr Angelo he indicated that he is not looking for another banker but that you should provide him with a proposal which he can consider MARK ANGELO STATEMENT OF FINANCIAL POSITION AS AT 1 SEPTEMBER 20xX ASSETS Residential property-Mill Point Rd, South Perth Holiday home-Dunsborough Vineyard farm-Margaret River $15 000 000 $5160 000 $7 500 000 Mark Equipment Pty Ltd-50% shareholding Mark Equipment Pty Ltd loan account Fixed deposit 1527 600 $5 325800 $ 750 000 Vehicles: 20XX Range Rover 20XX Mercedes 600 SL 20xX Porsche 80000 $190 000 $190 000 $1000 000 $36 723 400 Household goods, Persian carpets and work of art LIABILITIES Bond on Mill Point Rd, South Perth property Bond on Dunsborough property Bond on farm Instalment sale agreements on vehicles Overdraft $11 500 000 $2 500 000 $4 500 000 $1000 000 $50 000 $19 550 000 17 173 400 Net asset value