analysis of specific financial data of Bob Smith Inc., management homework help
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Order Paper NowAssignment Instructions (ALL WORK MUST BE
ORIGINAL NOT PLAGIARISM)
The Assignment requires an analysis of specific
financial data of Bob Smith Inc.
Bob is an existing bank customer. When the loan to Bob
was originally made in 2013
The bank required Bob to increase the YE 2014 cash
balance to at least $70,000. The
Cash Flow Statement and Balance Sheet show an actual
YE 2014 cash balance of less
Than $34,000.The Assignment requires participation in
a team effort to complete the (partially
Prepared) 2014 Cash Flow Statement. In Seminar 1 you
discussed how to complete
And use the 2014 Cash Flow Statement outcomes to
explain how specific accounts
Influenced Bob’s low cash balances…in other
words…some reasons why Bob has no
Cash! This information allows you to substantiate the
2015 loan denial. You are aware this
Action will create dire financial circumstances for
Bob’s company. As the loan officer you must pass along the news in a business
letter that is most professional and written in an
Objective manner. Please use values in the letter
whenever possible.
