Question

Below are three years of balance sheets, income statements, and statements of retained earnings for Auberndale Ltd.

Required:
a. Replace the missing information in the shaded areas with the appropriate amount.
Begin your analysis with 2015 and work forward.
b. If you were a banker, would you lend Auberndale Ltd. $5,000,000? Explain your answer. What additional information would you require to make your decision whether to lend?Explain.


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  • CreatedFebruary 26, 2015
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