{"id":49532,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/accounting-for-pkwringleys"},"modified":"2017-08-16T12:23:10","modified_gmt":"2017-08-16T12:23:10","slug":"accounting-for-pkwringleys","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/accounting-for-pkwringleys\/","title":{"rendered":"Accounting for Pkwringleys"},"content":{"rendered":"<p>You are a loan officer for White Sands Bank of Taos. Paul Jason, president of P. Jason Corporation, has just left your office. He is interested in an 8-year loan to expand the company&#8217;s operations. The borrowed funds would be used to purchase new equipment. As evidence of the company&#8217;s debt-worthiness, Jason provided you with the following facts:<\/p>\n<p>Jason is a very insistent (some would say pushy) man. When you told him you would need additional information before making your decision, he acted offended and said, &#8220;What more could you possibly want to know?&#8221; You responded you would , at minimum, need complete, audited financial statements.&nbsp;<\/p>\n<p><b>Develop<\/b>&nbsp;a minimum 700-word examination of the financial statements and include the following:<\/p>\n<ul>\n<li>1.&nbsp; Explain why you would want the financial statements to be audited.<\/li>\n<\/ul>\n<ul>\n<li>2.&nbsp; Discuss the implications of the ratios provided for the lending decision you are to make. That is, does the information paint a favorable picture? Are these ratios relevant to the decision? State why or why not.<\/li>\n<li>3.&nbsp; Evaluate trends in the performance of P. Jason Corporation. Identify each performance measure as favorable or unfavorable and explain the significance of each.<\/li>\n<li>4.&nbsp; List three other ratios you would want to calculate for P. Jason Corporation, and in your own words explain in detail why you would use each.<\/li>\n<li>5.&nbsp; As the loan officer, what else would you do to gain a better understanding of Paul Jason&#8217;s, and the Corporation&#8217;s financial picture and why?<\/li>\n<li>6.&nbsp; Based on your analysis of P. Jason Corporation, will you recommend approval for the requested loan? Provide specific details to support your decision.&nbsp;<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>You are a loan officer for White Sands Bank of Taos. Paul Jason, president of P. Jason Corporation, has just left your office. He is interested in an 8-year loan to expand the company&#8217;s operations. The borrowed funds would be <a href=\"https:\/\/www.benedictsol.com\/blogs\/accounting-for-pkwringleys\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-49532","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/49532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=49532"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/49532\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=49532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=49532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=49532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}