Question
Suppose you own and operate a company. You need to raise money to expand your operation, so you approach a bank for a loan. The
Suppose you own and operate a company. You need to raise money to expand your operation, so you approach a bank for a loan. The loan officer has asked you for your company's financial statements.
Required
Using your knowledge of all financial statements, what items on your financial statements (or perhaps not on the financial statements) that would be of the most interest to the loan officer? Also consider any ratios or other calculated amounts that might be of interest to the loans officer and what they might tell him/her.
Develop two questions that you think the loan officer would be trying to answer by looking at your financial statements.
Discussion Board posting due dates: Initial post to respond to the "required" is due by October 5 ; make a response post to another student postings by October 9. Please review the attached rubric and how to use the boards to know how your contributions will be assessed.
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