Question: I NEED ASSISTANCE WITH WRITING A THESIS STATEMENT FOR THE ABOVE SCENARIO! You will demonstrate the ability to solve complex problems by establishing a team



I NEED ASSISTANCE WITH WRITING A THESIS STATEMENT FOR THE ABOVE SCENARIO!
You will demonstrate the ability to solve complex problems by establishing a team setting and ensuring all team members properly complete the agreed-upon and assigned tasks. Each team member is required to fully support the team goals and objectives through fulfilling their own contributions as well as consistently assisting and/or supporting others in their contributions. The team assignment is due in Unit 4. Your team was assigned by your instructor, and you should have been communicating with your team throughout the first three units. Your team has a proprietary Team Discussion Board area under Unit 10 labeled Team X Discussion. Scroll down, and when you see "Filter by: all groups," select All groups. Then you will see the option to choose Group [i.e., Team] 1, 2, 3, etc. Your team also has a team-specific email group list and a private synchronous discussion area. Please post your meeting minutes in your Team Discussion Board area. Setting up a specific time each week to check in may be helpful. Scenario: The team assignment requires an analysis of specific financial data of Bob Smith, Inc. Bob is an existing bank customer. When the loan to Bob was originally made in 2016, the bank required Bob to increase the YE 2016 cash balance to at least $70,000 to qualify for the interest rate that the bank used for the original loan. This cash balance was required for the bank to make its target yield on the loan created. The Cash Flow Statement and Balance Sheet show an actual YE 2017 cash balance of less than $34,000. The team assignment requires participation in a team effort to complete the 2017 Cash Flow Statement. In addition, your team will also prepare "Common Sized Financial Statements for the 2 years shown. In the Unit 1 Seminar, you discussed how to complete and use the 2017 Cash Flow Statement outcomes to explain how specific accounts influenced Bob's low cash balances; in other words, some reasons why Bob has no cash! This information allows you to substantiate the 2018 loan denial or renewal request. Your team is the loan committee of the bank, and you will address an internal memo to the loan officer in charge of this loan facility giving the committee's decision on whether to approve the loan as is, renew the loan with modifications, or deny the loan request. Be sure you move away from definitions to analysis. You do not need to give definitions of balance sheet accounts. XYZ Bank told Bob to increase cash to $70,000 from 2016 to 2017. But cash increased from $16,566 in 2016 to just $33,411 in 2017, well short of $70,000. In this assignment, you will review six select changes in the Balance Sheet accounts, highlighted in yellow, to better understand how these individual account changes impact overall cash flows. 2017 and 2016 Comparative ASSETS 2017 2016 Needed to foot the Cash Flow Statement all the way back to 2017 cash position. Net Income $3,155,848 Depreciation 212,366 Dividends Paid 2,966,412 Tax 225,700 Items 1 to 6. Note the $ value effect on Cash. Did the change in balances from one year to the next create (+) or 'use' (-) cash? Note the accounting or finance issue related to each of the six accounts reviewed. Cash $ $ 33,411 $ $ 16,566 Accounts Receivable $ 260,205 S 318,768 Inventory S 423,819 S 352,740 71,079 $ Other current assets Total Current Assets $ S 41.251 758.686 29.912 s 717.986 $ (11.339) (40.700 Plant Property and Equipment 1.512.675 $ 1.403,220 109,455 Goodwill and other assets Total Assets $ S 382.145 2,653,506 $ S 412.565 S 2.533.771 30.420 (119.735) LIABILITIES AND EQUITY Accounts Payable S 378,236 S 332,004 46,232 Wages Payable Accrued income taxes Total Current Liabilities s 14.487 S 21.125 S$ 413.848 $ 7.862 S 16.815 S $ $ 356,681 S 6,625 4,310 57.167 Long-Term Debt: Bank Notes S s 679.981 $ 793,575 (113,534) S S Total Liabilities Total Common Equity Total Liabilities and Equity S S 1,093.829 1.559.677 2,653,506 $ $ S $ 1,150,196 1,383,575 2.533.771 (56,367) 176.102 119.735 You will demonstrate the ability to solve complex problems by establishing a team setting and ensuring all team members properly complete the agreed-upon and assigned tasks. Each team member is required to fully support the team goals and objectives through fulfilling their own contributions as well as consistently assisting and/or supporting others in their contributions. The team assignment is due in Unit 4. Your team was assigned by your instructor, and you should have been communicating with your team throughout the first three units. Your team has a proprietary Team Discussion Board area under Unit 10 labeled Team X Discussion. Scroll down, and when you see "Filter by: all groups," select All groups. Then you will see the option to choose Group [i.e., Team] 1, 2, 3, etc. Your team also has a team-specific email group list and a private synchronous discussion area. Please post your meeting minutes in your Team Discussion Board area. Setting up a specific time each week to check in may be helpful. Scenario: The team assignment requires an analysis of specific financial data of Bob Smith, Inc. Bob is an existing bank customer. When the loan to Bob was originally made in 2016, the bank required Bob to increase the YE 2016 cash balance to at least $70,000 to qualify for the interest rate that the bank used for the original loan. This cash balance was required for the bank to make its target yield on the loan created. The Cash Flow Statement and Balance Sheet show an actual YE 2017 cash balance of less than $34,000. The team assignment requires participation in a team effort to complete the 2017 Cash Flow Statement. In addition, your team will also prepare "Common Sized Financial Statements for the 2 years shown. In the Unit 1 Seminar, you discussed how to complete and use the 2017 Cash Flow Statement outcomes to explain how specific accounts influenced Bob's low cash balances; in other words, some reasons why Bob has no cash! This information allows you to substantiate the 2018 loan denial or renewal request. Your team is the loan committee of the bank, and you will address an internal memo to the loan officer in charge of this loan facility giving the committee's decision on whether to approve the loan as is, renew the loan with modifications, or deny the loan request. Be sure you move away from definitions to analysis. You do not need to give definitions of balance sheet accounts. XYZ Bank told Bob to increase cash to $70,000 from 2016 to 2017. But cash increased from $16,566 in 2016 to just $33,411 in 2017, well short of $70,000. In this assignment, you will review six select changes in the Balance Sheet accounts, highlighted in yellow, to better understand how these individual account changes impact overall cash flows. 2017 and 2016 Comparative ASSETS 2017 2016 Needed to foot the Cash Flow Statement all the way back to 2017 cash position. Net Income $3,155,848 Depreciation 212,366 Dividends Paid 2,966,412 Tax 225,700 Items 1 to 6. Note the $ value effect on Cash. Did the change in balances from one year to the next create (+) or 'use' (-) cash? Note the accounting or finance issue related to each of the six accounts reviewed. Cash $ $ 33,411 $ $ 16,566 Accounts Receivable $ 260,205 S 318,768 Inventory S 423,819 S 352,740 71,079 $ Other current assets Total Current Assets $ S 41.251 758.686 29.912 s 717.986 $ (11.339) (40.700 Plant Property and Equipment 1.512.675 $ 1.403,220 109,455 Goodwill and other assets Total Assets $ S 382.145 2,653,506 $ S 412.565 S 2.533.771 30.420 (119.735) LIABILITIES AND EQUITY Accounts Payable S 378,236 S 332,004 46,232 Wages Payable Accrued income taxes Total Current Liabilities s 14.487 S 21.125 S$ 413.848 $ 7.862 S 16.815 S $ $ 356,681 S 6,625 4,310 57.167 Long-Term Debt: Bank Notes S s 679.981 $ 793,575 (113,534) S S Total Liabilities Total Common Equity Total Liabilities and Equity S S 1,093.829 1.559.677 2,653,506 $ $ S $ 1,150,196 1,383,575 2.533.771 (56,367) 176.102 119.735
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