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You have just joined a company that is one of the major liquor distributors in Singapore. An established large F&B company who operates a chain

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You have just joined a company that is one of the major liquor distributors in Singapore. An established large F\&B company who operates a chain of restaurants and bars is keen to purchase liquor from your company. They have written to your company requesting to purchase on credit instead of cash on delivery. Your boss, Margaret, the Marketing Manager has instructed you to review their request. She has asked you to review the chain's latest set of financial statements. Required: (a) Identify the key financial statements. Explain how information reported in these statements will help you decide whether to accede to F\&B company's request. (30 marks) (b) In addition, identify other information that will be helpful in your review. (10 marks) Total word count for (a) \& (b) should not exceed 700 words

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