will prepare a presentation for the chief financial officer (CFO) to present to a bank vice president. The bank vice president will decide if the bank will approve a $1,000,000 funding request for the European expansion of Custom Snowboards Inc. currently under consideration. The bank has not confirmed it is willing to consider a $1,000,000 loan. The bank will make its assessment of the risk associated with the loan after your presentation. You will prepare another presentation to present directly
Words: 497 - Pages: 2
Problem 7-9 Answer B Note receivable- June 30, 2010 1,500,000 Less: Payment on July 1, 2011 500,000 Balance- July 1, 2011 1,000,000 Accrued interest from July 1, 2011 to June 30, 2012 (1,000,000 x 8%) 80,000 Problem 7- 10 Answer C Problem 7- 11 Answer B Note receivable- January 1, 2011 6,000,000 Principal payment on December 31, 2011 Annual payment 1,975,400 Interest payment( 12% x 6,000,000) (720,000) 1,255,400 Carrying
Words: 1110 - Pages: 5
MODULE - 6A Analysis of Financial Statements Cash Flow Statement Notes 30 CASH FLOW STATEMENT In the previous lesson, you have learnt various types of analysis of financial statements and its tools such as comparative statements, common size statement and trend analysis, etc. You have also learnt various kinds of accounting ratios such as liquidity, activity, profitability, solvency, etc. You have learnt that accounts are mainly maintained on accrual basis but cash also plays significant
Words: 6659 - Pages: 27
12,584.00 | Audit and Legal Fees | | 35,000.00 | Cash in Bank | | 230,000.00 | Cash on Hand | | 120,368.00 | Delivery Expense | | 20,360.00 | Freight In | | 125,620.00 | Interest Revenue | | 12,569.00 | Land | | 2,522,400.00 | KZ Lacson, Capital | | 3,560,320.00 | KZ Lacson, Drawing | | 356,200.00 | Merchandise Inventory, December 31, 2011 | | 653,260.00 | Note Payable (Bank Loan) | | 850,000.00 | Notes Receivable | | 125,000.00 | Office Building | | 1,926,205
Words: 449 - Pages: 2
BANK PROFILE Mercantile Bank Limited (MBL) is a second generation commercial bank with 42 online branches across major cities in Bangladesh and 1115 full time employees on year end 2008. It offers full range of commercial banking products and services to the corporate, mid-market and retail segment. Under the corporate banking segments the Bank has comprehensive range of financial products including corporate deposit accounts, syndicated financing, term loan, project finance, export-import
Words: 893 - Pages: 4
Contributor Banks may want to lend you money if you present a well-prepared business plan. Whether you're starting a new business from scratch or operating a successful business already, securing financing first requires you to think about the best method to go about it. There are many factors to take into account, though some may vary according to an entrepreneur's personal situation. Poor management is the most frequent cause of small-business failure, according to the Small Business Notes website
Words: 1297 - Pages: 6
Bank of America 2010 Annual Report Maggie Ballantyne Professor Adams Accounting 100 2/26/2012 Bank of America December 31, 2010 Abstract This paper analyzes Bank of America’s 2010 annual report. It discusses the main sections, key factors influencing the financial performance, the company’s primary assets, and how the management characterizes the internal controls of the company. A company’s annual report shows its stockholders the corporation’s financial statements and a summary
Words: 706 - Pages: 3
epson stylus t10??? Assets ???? Current assets ???? Cash and cash equivalents 1001?? Cash 1002 ???? Cash in bank 1009 ?????? Other cash and cash equivalents 100901 ???? Other city Cash in bank 100902 ???? Cashier's cheque 100903 ???? Bank draft 100904 ??? Credit card 100905 ?????? L/C Guarantee deposits 100906 ????? Refundable deposits 1101 ???? Short-term investments 110101 ?? Short-term investments - stock 110102 ?? Short-term investments - corporate bonds 110103 ?? Short-term investments
Words: 1691 - Pages: 7
flexibility as well as to meet the day-to-day needs of its highly seasonal business. This paper attempts to analyze the key success factors of the firm and assess the appropriate funding levels from both the company?s perspective as well as that of the bank. 1. What are the key success factors for Be Our Guest? The core benefit Be Our Guest provides is high-end equipment outsourcing and logistical support. The company differentiates itself based on the quality of its service and a long term relationship
Words: 2216 - Pages: 9
Financial Statements 113 Notes to the Condensed Financial Statements 117 Shareholder Information Risk Factors 152 Glossary of Financial Services Industry Terms 163 Directors’ Responsibility Statement 177 1 Business Review and Forward-looking Statements Chief Executive Officer’s Review Overview Santander UK has delivered profit in the first six months of 2011 maintaining its strong track record of profitability and balance sheet strength. In line with other UK banks, a further provision
Words: 107007 - Pages: 429
