Scenario: You are a loan officer for White Sands Bank of Taos. Paul Jason, president of P. Jason Corporation, has just left your office. He is interested in an 8-year loan to expand the company’s operations. The borrowed funds would be used to purchase new equipment. As evidence of the company’s debt-worthiness, Jason provided you with facts (available in the attached Scenario Worksheet). Jason is a very insistent (some would say pushy) man. When you told him you would need additional information before making your decision, he acted offended and said, “What more could you possibly want to know?” You responded you would, at minimum, need complete, audited financial statements.
Develop a minimum 700-word examination of the financial statements and include the following:
Explain why you would want the financial statements to be audited.
Discuss the implications of the ratios provided for the lending decision you are to make. That is, does the information paint a favorable picture? Are these ratios relevant to the decision? State why or why not.
Evaluate trends in the performance of P. Jason Corporation. Identify each performance measure as favorable or unfavorable and explain the significance of each.
List three other ratios you would want to calculate for P. Jason Corporation, and in your own words explain in detail why you would use each.
As the loan officer, what else would you do to gain a better understanding of Paul Jason’s, and the Corporation’s financial picture and why?
Based on your analysis of P. Jason Corporation, will you recommend approval for the requested loan? Provide specific details to support your decision.
Format the assignment according to APA guidelines.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
We offer you a money-back guarantee because we are 100% sure of the service we provide. We care about both the money you pay for our service and the quality of the service.Read more
Each paper is composed from scratch, as per your instructions. It is then checked by our plagiarism-detection software. We ensure there is little chance for you to receive a plagiarized paper.Read more
If you feel that something should have been done differently, feel free to use our free revision feature. We will revise your paper until you are completely happy with the result.Read more
We store your personal information safely and never share it with third parties. We also do not store our payment details on our system and only use reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more