Evaluate WPCs loan request using analytical techniques learned e.g. 5Cs, financial statement analysis (including calculation of appropriately selected ratios for liquidity, efficiency, profitability and leverage), working capital needs and other associated projections and appropriate measures for bank lending. This section should include your credit opinion of WPC.

Income Statement for the Year ending 31 December AED 1000 2011 Net Sales 6,786 Cost of Goods Sold 4,886 Gross Operating Profit 1,900 SG&A Expenses 1,645 Depreciation 55 Earnings before Interest & Tax 200 Interest Expense 52 Earnings before Tax 148 Tax 24 Net Income 124 2012 8,050 5,746 2,304 1,999 61 244 80 164 28 136 2013 10,774 7,798 2,976 2,560 72 344 132 212 36 176 Note: SG&A expenses includes Abdulla's salary of AED270,000 in 2011, AED320,000 in 2012, and AED430,000 in 2013 Balance Sheet for the Year ending 31 December AED'000 2011 2012 2013 Cash 232 192 164 Accounts Receivable Inventory 684 956 888 1,304 1,268 1,672 Total Current Assets 1,872 2,384 3,104 Fixed Assets 502 558 626 Total Assets 2,374 2,942 3,730 0 584 932 Short Term Debt Current Portion of Long-Term debt Accounts Payable Accrued Expenses Note Payable - K AlDosseri Total Current Liabilities Long Term Debt 28 496 96 420 28 768 120 0 28 1,024 156 0 1,040 252 1,500 224 2,140 196 Shareholders' Equity 1,082 1218 1,394 Total Liabilities & Equity 2,374 2,942 3,730 Income Statement for the Year ending 31 December AED 1000 2011 Net Sales 6,786 Cost of Goods Sold 4,886 Gross Operating Profit 1,900 SG&A Expenses 1,645 Depreciation 55 Earnings before Interest & Tax 200 Interest Expense 52 Earnings before Tax 148 Tax 24 Net Income 124 2012 8,050 5,746 2,304 1,999 61 244 80 164 28 136 2013 10,774 7,798 2,976 2,560 72 344 132 212 36 176 Note: SG&A expenses includes Abdulla's salary of AED270,000 in 2011, AED320,000 in 2012, and AED430,000 in 2013 Balance Sheet for the Year ending 31 December AED'000 2011 2012 2013 Cash 232 192 164 Accounts Receivable Inventory 684 956 888 1,304 1,268 1,672 Total Current Assets 1,872 2,384 3,104 Fixed Assets 502 558 626 Total Assets 2,374 2,942 3,730 0 584 932 Short Term Debt Current Portion of Long-Term debt Accounts Payable Accrued Expenses Note Payable - K AlDosseri Total Current Liabilities Long Term Debt 28 496 96 420 28 768 120 0 28 1,024 156 0 1,040 252 1,500 224 2,140 196 Shareholders' Equity 1,082 1218 1,394 Total Liabilities & Equity 2,374 2,942 3,730