As loan analyst for Utrillo Bank, you have been presented the following information. Each of these companies

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As loan analyst for Utrillo Bank, you have been presented the following information.

As loan analyst for Utrillo Bank, you have been presented

Each of these companies has requested a loan of $50,000 for 6 months with no collateral offered.
Because 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 entireyear.

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Related Book For  book-img-for-question

Intermediate Accounting

ISBN: 978-1118147290

15th edition

Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield

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