Question: 1) (6 points) Borrowing Base Certificate Example. Complete the missing information in the table below, including the excess or shortfall as of the date of

1) (6 points) Borrowing Base Certificate Example. Complete the missing information in the table below, including the excess or shortfall as of the date of the report. Eligible Collateral Advance Rate 80% 60% 50% Asset Balance Accounts Receivable $3,600,000 Inventory $4,400,000 Equipment $1,250,000 Total Borrowing Base Line of Credit Maximum Max Borrowing Today Line of Credit Balance (current outstanding) Available / (excess) $7,000,000 $6,200,000 1) (6 points) Borrowing Base Certificate Example. Complete the missing information in the table below, including the excess or shortfall as of the date of the report. Eligible Collateral Advance Rate 80% 60% 50% Asset Balance Accounts Receivable $3,600,000 Inventory $4,400,000 Equipment $1,250,000 Total Borrowing Base Line of Credit Maximum Max Borrowing Today Line of Credit Balance (current outstanding) Available / (excess) $7,000,000 $6,200,000
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