finance industry and financial reports

DUE: 10.17.14 @11:59pm

 

If you were to enter the banking industry you may find yourself approving or not approving loans. The following is a good example of a common event you may encounter.

 

Company X is looking for a $100,000 to purchase new equipment. The finance manager for Company X recently presented financial reports. Upon further analysis of the statements you, the banker, noted some window dressing of financial statement. In this case it seems Company X will delay payments to vendors in order to make their cash position look higher.

• Do you see this practice a matter of ethical and or legal concern?
• Do you think most all company’s ‘window dress’ their data?

Please explain your decision to approve or disapprove Company x’s loan.

 

Document Requirements:

Use standard 12 point font size

MS Word Document

3/4 1 page(I will certainly not need anything more then one page)

1 2 references in APA citation(I willn’t need anymore then 3 sources for sure)

Thorough Response is a must!!

And NO plagiarism!!