Pearl Corporation was formed 5 years ago through a public subscription of common stock. Daniel...
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Pearl Corporation was formed years ago through a public subscription of common stock. Daniel Brown, who owns of the common stock, was one of the organizers of Pearl and is its current president. The company has been successful, but it currently is experiencing a shortage of funds. On June Daniel Brown approached the Topeka National Bank, asking for a month extension on two $ notes, which are due on June and September Another note of $ is due on March but he expects no difficulty in paying this note on its due date. Brown explained that Pearl's cash flow problems are due primarily to the company's desire to finance a $ plant expansion over the next fiscal years through internally generated funds.The commercial loan officer of Topeka National Bank requested the following financial reports for the last fiscal years. Answer questions Please answer and show all work and i will cast a vote. Thanks! 
Pearl Corporation was formed years ago through a public subscription of common stock. Daniel Brown, who owns of the common stock, was one of the organizers of Pearl and is its current president. The company has been successful, but it currently is experiencing a shortage of funds. On June Daniel Brown approached the Topeka National Bank, asking for a month extension on two $ notes, which are due on June and September Another note of $ is due on March but he expects no difficulty in paying this note on its due date. Brown explained that Pearl's cash flow problems are due primarily to the company's desire to finance a $ plant expansion over the next fiscal years through internally generated funds.The commercial loan officer of Topeka National Bank requested the following financial reports for the last fiscal years.
Answer questions Please answer and show all work and i will cast a vote. Thanks!
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