We have accounting and non-accounting students in 3380. Therefore, the 'case' mid-term has qualitative and quantitative options.
Question:
We have accounting and non-accounting students in 3380. Therefore, the 'case' mid-term has qualitative and quantitative options. Typically, accounting students opt for quantitative while others prefer qualitative. However, you are free to choose which route to go for regardless of your major.
Qualitative Option
Suggested analytical models (pick anyone you feel comfortable to work with):
SWOT: Strengths/Weaknesses/Opportunities/Threats
4-P: Price, Promotion, Product, and Place
5-C: Capital (whether the entrepreneur himself/herself has sufficient capital) / Capacity (whether the business has earning capacity to repay the loan) / Collateral (whether the lender can provide adequate collateral) / Condition (general market, industry, social, and economy condition) / Character (general trustworthiness of the borrower)
The end result of your analysis should clearly indicate the possibilities of getting the loan and why.
l
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Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson