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Question: Ezto mhedu Chapter 13 Home Liferay You have just been hired as a loan officer at San Diego State …
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Question: Ezto mhedu Chapter 13 Home Liferay You have just been hired as a loan officer at San Diego State ...
Question: Ezto mhedu Chapter 13 Home Liferay You have just been hired as a loan officer at San Diego State ...
Question: Ezto mhedu Chapter 13 Home Liferay You have just been hired as a loan officer at San Diego State ...
Question: Ezto mhedu Chapter 13 Home Liferay You have just been hired as a loan officer at San Diego State ...Help me
please

Show transcribed image text ezto mhedu Chapter 13 Home Liferay You have just been hired as a loan officer at San Diego State Bank. Your supervisor has given you a file containing a request from Mobile Company, a manufacturer of auto components, for a $1,000,000 five-year loan. Financial statement data on the company for the last two years are given below: Mobile Company Comparative Balance Sheet Assets Current assets: 282,200 360,300 Marketable securities 113.000 Accounts receivable, net 932,000 635,000 Inventory 1,351,000 751,000 Prepaid expenses 97,600 82.600 Total current assets 1,941,900 2,662,800 Plant and equipment, net 3,449,800 3,105,400 6,112,600 5,047,300 Liabilities and Stockholders' Equity Liabilities: Current liabilities 1,272,400 761,200 Bonds payable 1,308,000 1,108,000 Total liabilities 2,580,400 1,869,200 Stockholders' equity: Preferred stock, 8%, S30 par value 600,000 600,000 Common stock, $40 par value 2,000,000 2,000,000 Retained eamings 578,100 Total stockholders' equity 3,532,200 3,178,100 Total liabilities and stockholders' equity 6,112.600 5.047.300 Comparative Income Statement and Reconciliation Last Year $5,484,000 4,304,000 Cost of goods sold 4.112.000 3,202,000 1,372,000 1,102,000 Selling and administrative expenses 544.000 828,000 578,000 135,000

ezto mhedu Chapter 13 Home Liferay You have just been hired as a loan officer at San Diego State Bank. Your supervisor has given you a file containing a request from Mobile Company, a manufacturer of auto components, for a $1,000,000 five-year loan. Financial statement data on the company for the last two years are given below: Mobile Company Comparative Balance Sheet Assets Current assets: 282,200 360,300 Marketable securities 113.000 Accounts receivable, net 932,000 635,000 Inventory 1,351,000 751,000 Prepaid expenses 97,600 82.600 Total current assets 1,941,900 2,662,800 Plant and equipment, net 3,449,800 3,105,400 6,112,600 5,047,300 Liabilities and Stockholders' Equity Liabilities: Current liabilities 1,272,400 761,200 Bonds payable 1,308,000 1,108,000 Total liabilities 2,580,400 1,869,200 Stockholders' equity: Preferred stock, 8%, S30 par value 600,000 600,000 Common stock, $40 par value 2,000,000 2,000,000 Retained eamings 578,100 Total stockholders' equity 3,532,200 3,178,100 Total liabilities and stockholders' equity 6,112.600 5.047.300 Comparative Income Statement and Reconciliation Last Year $5,484,000 4,304,000 Cost of goods sold 4.112.000 3,202,000 1,372,000 1,102,000 Selling and administrative expenses 544.000 828,000 578,000 135,000

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