Finance Industry and Financial Reports

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DUE: 10.17.14 @11:59pm

 

If you were to enter the banking industry you may find yourself approving or not approving loans. The following is a good example of a common event you may encounter.

 

Company X is looking for a $100,000 to purchase new equipment. The finance manager for Company X recently presented financial reports. Upon further analysis of the statements you, the banker, noted some window dressing of financial statement. In this case it seems Company X will delay payments to vendors in order to make their cash position look higher.

  • Do you see this practice a matter of ethical and or legal concern?
  • Do you think most all company’s ‘window dress’ their data?

Please explain your decision to approve or disapprove Company x’s loan.

 

Document Requirements:

Use standard 12-point font size

MS Word Document

3/4-1 page(I will certainly not need anything more then one page)

1-2 references in APA citation(I willn't need anymore then 3 sources for sure)

Thorough Response is a must!!

And NO plagiarism!!

    • Posted: 6 years ago
    • Due: 
    • Budget: $10
    Answers 1
    • Finance industry and financial reports
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      Do Numbers Lie? The Other Side of Financial Statement Analysis

      If you were to enter the banking industry you may find yourself approving or not approving loans. The following is a good …

      Do Numbers Lie? The Other Side of Financial Statement Analysis

      If you were to enter the banking industry you may find yourself approving or not approving loans. The following is a good …

    • Do Numbers Lie? The Other Side of Financial Statement Analysis

      If you were to enter the banking industry you may find yourself approving or not approving loans. The following is a good example …

    • Do Numbers Lie? The Other Side of Financial Statement Analysis

      If you were to enter the banking industry you may find yourself approving or not approving loans. The following is a good example of a …

    • Simple Discussion no format needed one this its not a paper.

      Do Numbers Lie? The Other Side of Financial Statement Analysis

      If you were to enter the banking industry you may find yourself approving or …