If you were the banker, what information would you want from a company to evaluate their riskiness and their ability to repay a loan? What specific information would you need to begin a cash receipts forecast? Identify three items that would be helpful.
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- If you were the banker, what information would you want from a company to evaluate their riskiness and their ability to repay a loan?
- What specific information would you need to begin a cash receipts
forecast ? Identify three items that would be helpful.
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- Do the balance sheet, income statement, and statement of cash flows contain all the information you might want as a potential lender or investor? What other information would you like to examine?Do the balance sheet, income statement, and statement of cash flows provide all of the information that a prospective lender or investor could require? What more facts do you want to look into?If you are a bank assessing the long-term credit of a company, you are usually most interested in evaluating which one of the following? a. liquidity and profitability. b. solvency and marketability. c. liquidity and solvency. d. profitability and solvency.
- How can I calculate using a financial indicator, which of the companies has the greatest possibility of obtaining more money borrowed from a bank?Do the balance sheet, income statement, and statement of cash flows contain all the information you might want as a potential lender or investor? What other information would you like to examine? Please explain in detail you believe your answer is correctWhat specific information would you need to begin a cash receipts forecast?
- What is the importance of assessing the earnings quality of a bank? In doing the assessment, what are the major things you would be looking for?Which of the following is/are primary sources of data? i. Data collected by a bank through telephone calls from the credit card customers to gain an insight on their satisfaction level. ii. Previous records of Commission received to be used to prepare forecasts for next year. iii. Data collected from Global Business review about recent market trendsWho benefits from cash discounts, and how can an auditor verify that they are being given in line with business policy?
- What is the main purpose of accounts receivable in factoring? a. To meet immediate cash needs of the business b. To create an additional guarantee of collection c. To invest accounts receivable in another business d. To establish a legal proof for future useUsing the categories of liquidity, profitability and operations management describe which ratios would be used and why to determine whether or not a loans officer at the bank would loan a business money.What is the main purpose of factoring in accounts receivables? a. To meet immediate cash needs of the business b. To create an additional guarantee of collection c. To invest accounts receivable in another business d. To establish a legal proof for future use