Question: QUESTION 4(a) [ 14 marks] QUESTION 4 (a) (continued) Before Neo Hian Distributors approaches the bank for a loan, the company has asked their internal
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QUESTION 4(a) [ 14 marks] QUESTION 4 (a) (continued) Before Neo Hian Distributors approaches the bank for a loan, the company has asked their internal credit department to see if the firm can generate any internal funds. Hints: - Calculate the omitted values in the table below. - For calculations use 365 days in a year. What conclusions can you draw from your analysis? What supplementary quantitative information is necessary to increase your confidence in your analysis? Note: You are not expected to conduct horizontal and vertical analysis nor derive cash flow statements when answering this question. QUESTION 4(a) [ 14 marks] QUESTION 4 (a) (continued) Before Neo Hian Distributors approaches the bank for a loan, the company has asked their internal credit department to see if the firm can generate any internal funds. Hints: - Calculate the omitted values in the table below. - For calculations use 365 days in a year. What conclusions can you draw from your analysis? What supplementary quantitative information is necessary to increase your confidence in your analysis? Note: You are not expected to conduct horizontal and vertical analysis nor derive cash flow statements when answering this
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