Business, 01.02.2021 20:50 BaileyElizabethRay
Colleen Fernandez, president of Rhino Enterprises, applied for a $175,000 loan from First Federal Bank. The bank requested financial statements from Rhino Enterprises as a basis for granting the loan. Colleen has told her accountant to provide the bank with a balance sheet. Colleen has decided to omit the other financial statements because there was a net loss during the past year
Discuss the following questions:
a. Is Colleen behaving in a professional manner by omitting some of the financial statements?
b. What types of information would business owners be willing to provide bankers? Why types of information would business owners not be willing to provide?
c. What types of information would bankers want before extending a loan?
d. What common interests are shared by bankers and business owners?
Answers: 1
Business, 22.06.2019 11:20
Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:
Answers: 1
Business, 22.06.2019 20:20
Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation
Answers: 3
Business, 22.06.2019 23:30
Which statement best describes entrepreneurship aitmakes people very rich b it relies on large financial investments c it is only possible in the retail industry d it requires creativity and ambition
Answers: 3
Business, 23.06.2019 15:00
Refer to walgreens. when walgreens' managers responded to the threat of pbms by creating walgreens health initiatives, its own pbm business, they were using control.
Answers: 3
Colleen Fernandez, president of Rhino Enterprises, applied for a $175,000 loan from First Federal Ba...
Chemistry, 08.11.2021 06:40
Mathematics, 08.11.2021 06:40
Social Studies, 08.11.2021 06:40
Mathematics, 08.11.2021 06:40
Computers and Technology, 08.11.2021 06:50
Mathematics, 08.11.2021 06:50
Mathematics, 08.11.2021 06:50