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Suppose you need a bank loan to purchase lawn equipment for Ralphs landscaping service. in evaluating your loan request, the banker asks about the assets
Suppose you need a bank loan to purchase lawn equipment for Ralphs landscaping service. in evaluating your loan request, the banker asks about the assets and liabilities of your business. in particular, the banker wants to know the amount of the business's owner's equity
1.is the banker considered an internal or an external user of financial information?
2.which financial statement would provide the best information to answer the banker's questions
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