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.
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!!