Topic: Which of the four financial statements is more important to a banker? Why? Youve...
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Accounting
Topic: Which of the four financial statements is more important to a banker? Why?
Youve been working on Maddie Chyzs financial statements. If the company wanted to borrow money from the bank, which financial statement would the bank believe is the best predictor of the companys ability to repay the loan? After you decide and EXPLAIN which statement is the most important, decide what you would do if you were the Chief Executive Officer of Maddie Chyz. For example, would you pay off debt? Or, would you run an advertising campaign to increase sales? Would you sell assets to create more cash on hand? What would be a good strategy to show the bank that the company is credit worthy?
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