Due before 5pm, Assignment is on Balance sheet

Word File Edit View Insert 71% Format Tools Table Window Help Accounting Assign 6 Spring 2020 References Mailings Review View . Q- Search in Document Home Insert Design Layout Share ANG Alba ABCD ABCD Paste BIO Styles Pane Activate Activate Office to Create and Edit Start your free one month trial of Office 365 or sign in to activate an existing subscription ACCOUNTING Assignment #6 - Due Friday, June 2, 2020 Use the Sample Accounting Question in your class material as your guide. You are a commercial loans officer at a major bank. It is October 1. Halloween Costume and Supplies Shop, located in Regina, has approached you with a request for a loan. The company manager brought in a balance sheet and a listing of income statement accounts. The company's year-end is September 30. Prepare a report for your manager with the following: ro nm 1) Prepare an income statement in proper format. 2) Is this a high or low risk loan? 3) Provide a financial analysis on the balance sheet (ratios) 4) Discuss any non-financial factors you may think are important 5) Recommend whether to provide the loan and why. 200% Yo Page 1 of 215 words English (United States Rome insert Design Layout References Mailings Review View Table Design Layout ABCDE Althea Paste B Non > Activate Office to Create and Edit Start your free one month trial of Office 365 or Sign in to activate an existing subscription Halloween Costume and Supplies Shop Balance Sheet As of September 30, 2019 ASSETS Cash Accounts Receivable Inventory Total Current assets $8,228 $368,280 $142,480 $418,988 LIABILITIES AND EQUITY Accounts Payable Wages Payable Taxes Payable Total Current Liabilities $206,080 $46,480 $84,000 $336,560 Store Furnishings Accumulated dep'n $840,000 ($404,000) Long term debt Shareholders' equity $184,000 $234,428 TOTAL ASSETS $754,988 TOTAL LIABI & EQUITY $754,988 Yo Page 1 of 1 215 words English (United States) O 4 W INCOME STATEMENT ACCOUNTS Salaries expense Cost of Goods Sold Depreciation expense Sales revenues Office expenses Selling expense Income tax rate $182,616 $740,740 $69,322 $1,134,567 $63,542 $61,728 20% Word File Edit View Insert 71% Format Tools Table Window Help Accounting Assign 6 Spring 2020 References Mailings Review View . Q- Search in Document Home Insert Design Layout Share ANG Alba ABCD ABCD Paste BIO Styles Pane Activate Activate Office to Create and Edit Start your free one month trial of Office 365 or sign in to activate an existing subscription ACCOUNTING Assignment #6 - Due Friday, June 2, 2020 Use the Sample Accounting Question in your class material as your guide. You are a commercial loans officer at a major bank. It is October 1. Halloween Costume and Supplies Shop, located in Regina, has approached you with a request for a loan. The company manager brought in a balance sheet and a listing of income statement accounts. The company's year-end is September 30. Prepare a report for your manager with the following: ro nm 1) Prepare an income statement in proper format. 2) Is this a high or low risk loan? 3) Provide a financial analysis on the balance sheet (ratios) 4) Discuss any non-financial factors you may think are important 5) Recommend whether to provide the loan and why. 200% Yo Page 1 of 215 words English (United States Rome insert Design Layout References Mailings Review View Table Design Layout ABCDE Althea Paste B Non > Activate Office to Create and Edit Start your free one month trial of Office 365 or Sign in to activate an existing subscription Halloween Costume and Supplies Shop Balance Sheet As of September 30, 2019 ASSETS Cash Accounts Receivable Inventory Total Current assets $8,228 $368,280 $142,480 $418,988 LIABILITIES AND EQUITY Accounts Payable Wages Payable Taxes Payable Total Current Liabilities $206,080 $46,480 $84,000 $336,560 Store Furnishings Accumulated dep'n $840,000 ($404,000) Long term debt Shareholders' equity $184,000 $234,428 TOTAL ASSETS $754,988 TOTAL LIABI & EQUITY $754,988 Yo Page 1 of 1 215 words English (United States) O 4 W INCOME STATEMENT ACCOUNTS Salaries expense Cost of Goods Sold Depreciation expense Sales revenues Office expenses Selling expense Income tax rate $182,616 $740,740 $69,322 $1,134,567 $63,542 $61,728 20% Word File Edit View Insert 71% Format Tools Table Window Help Accounting Assign 6 Spring 2020 References Mailings Review View . Q- Search in Document Home Insert Design Layout Share ANG Alba ABCD ABCD Paste BIO Styles Pane Activate Activate Office to Create and Edit Start your free one month trial of Office 365 or sign in to activate an existing subscription ACCOUNTING Assignment #6 - Due Friday, June 2, 2020 Use the Sample Accounting Question in your class material as your guide. You are a commercial loans officer at a major bank. It is October 1. Halloween Costume and Supplies Shop, located in Regina, has approached you with a request for a loan. The company manager brought in a balance sheet and a listing of income statement accounts. The company's year-end is September 30. Prepare a report for your manager with the following: ro nm 1) Prepare an income statement in proper format. 2) Is this a high or low risk loan? 3) Provide a financial analysis on the balance sheet (ratios) 4) Discuss any non-financial factors you may think are important 5) Recommend whether to provide the loan and why. 200% Yo Page 1 of 215 words English (United States Rome insert Design Layout References Mailings Review View Table Design Layout ABCDE Althea Paste B Non > Activate Office to Create and Edit Start your free one month trial of Office 365 or Sign in to activate an existing subscription Halloween Costume and Supplies Shop Balance Sheet As of September 30, 2019 ASSETS Cash Accounts Receivable Inventory Total Current assets $8,228 $368,280 $142,480 $418,988 LIABILITIES AND EQUITY Accounts Payable Wages Payable Taxes Payable Total Current Liabilities $206,080 $46,480 $84,000 $336,560 Store Furnishings Accumulated dep'n $840,000 ($404,000) Long term debt Shareholders' equity $184,000 $234,428 TOTAL ASSETS $754,988 TOTAL LIABI & EQUITY $754,988 Yo Page 1 of 1 215 words English (United States) O 4 W INCOME STATEMENT ACCOUNTS Salaries expense Cost of Goods Sold Depreciation expense Sales revenues Office expenses Selling expense Income tax rate $182,616 $740,740 $69,322 $1,134,567 $63,542 $61,728 20% Word File Edit View Insert 71% Format Tools Table Window Help Accounting Assign 6 Spring 2020 References Mailings Review View . Q- Search in Document Home Insert Design Layout Share ANG Alba ABCD ABCD Paste BIO Styles Pane Activate Activate Office to Create and Edit Start your free one month trial of Office 365 or sign in to activate an existing subscription ACCOUNTING Assignment #6 - Due Friday, June 2, 2020 Use the Sample Accounting Question in your class material as your guide. You are a commercial loans officer at a major bank. It is October 1. Halloween Costume and Supplies Shop, located in Regina, has approached you with a request for a loan. The company manager brought in a balance sheet and a listing of income statement accounts. The company's year-end is September 30. Prepare a report for your manager with the following: ro nm 1) Prepare an income statement in proper format. 2) Is this a high or low risk loan? 3) Provide a financial analysis on the balance sheet (ratios) 4) Discuss any non-financial factors you may think are important 5) Recommend whether to provide the loan and why. 200% Yo Page 1 of 215 words English (United States Rome insert Design Layout References Mailings Review View Table Design Layout ABCDE Althea Paste B Non > Activate Office to Create and Edit Start your free one month trial of Office 365 or Sign in to activate an existing subscription Halloween Costume and Supplies Shop Balance Sheet As of September 30, 2019 ASSETS Cash Accounts Receivable Inventory Total Current assets $8,228 $368,280 $142,480 $418,988 LIABILITIES AND EQUITY Accounts Payable Wages Payable Taxes Payable Total Current Liabilities $206,080 $46,480 $84,000 $336,560 Store Furnishings Accumulated dep'n $840,000 ($404,000) Long term debt Shareholders' equity $184,000 $234,428 TOTAL ASSETS $754,988 TOTAL LIABI & EQUITY $754,988 Yo Page 1 of 1 215 words English (United States) O 4 W INCOME STATEMENT ACCOUNTS Salaries expense Cost of Goods Sold Depreciation expense Sales revenues Office expenses Selling expense Income tax rate $182,616 $740,740 $69,322 $1,134,567 $63,542 $61,728 20%