Exercise 24-4 (E24-4) (Ratio Computation and Analysis; Liquidity) As
loan analyst for Utrillo Bank, you have been presented the following
information.
AND SO ON
Each of these companies has requested a loan of $50,000 for 6 months
with no collateral offered. Inasmuch as your bank has reached its quota
for loans of this type, only one of these requests is to be granted.
Instructions
Which of the two companies, as judged by the information given above,
would you recommend as the better risk and why? Assume that the ending
account balances are representative of the entire year.
Click here for the solution: (Ratio Computation and Analysis; Liquidity) As loan analyst for Utrillo Bank, you have been presented the following information
