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Yates Control System (YCS): Will the Bank Make the Loan? (available in Course-Pack). Taking the role of the decision-maker, briefly discuss the following: YCS's past
Yates Control System (YCS): Will the Bank Make the Loan? (available in Course-Pack). Taking the role of the decision-maker, briefly discuss the following: YCS's past financial performance.
What does your analysis imply for your loan decision?
Project financial statements for 2017 and 2018. Use the line of credit account to balance (plug) your balance sheets. Do not post your calculations. State and discuss your computed net incomes for 2017 and 2018.
Discuss the assumptions you used.
Will the plug be sufficient in 2017 and 2018? Complete a risk analysis using the four C's of credit (Character, Capital, Capacity & Collateral).
What are the implications of this analysis for your decision?
As McLoud, what is your recommendation?
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