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:
is colleen behaving in a professional manner by omitting some of the financial statements?
1. what types of information about their businesses would owners be willing to provide bankers?
what types of information would owners not be willing to provide?
2. what types of information about a business would bankers want before extending a loan?
3. what common interests are shared by bankers and business owners?
Answers: 3
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James has set the goal of achieving all "a"s during this year of school.which term best describes this goal
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Business, 22.06.2019 15:00
Beagle autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, beagle's executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should beagle pursue?
Answers: 1
Business, 22.06.2019 18:50
Dominic is the founder of an innovative "impromptu catering" business that provides elegant, healthy party food and decorations on less than 24 hours' notice. the company has grown by over 150 percent in the past year. dominic credits some of the company's success to studying the strategies of prominent social entrepreneurs, such as wikipedia's jimmy wales. what can dominic do to exemplify the social entrepreneurship model?
Answers: 2
colleen fernandez, president of rhino enterprises applied for a $175,000 loan from first federal
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