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Assets Worth What Balance Sheet Says?
Part one of term paper
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Hilda Lahti owner of the Custom-Made Products has gone through a huge change
in her business. Hilda noticed that one part of her business made more money than the
other, so therefore Hilda decided to base her whole business on that just side. In order to
run this business she needed a loan. She brought her balance sheet in, without changin ...
Part two of term paper ... have other things to pay and the bank might not get their money.
An other issue concerning the banker about this loan is the fact that the machinery to go
with this business is hard to find and the type of this equipment is quite poor and outdated.
Additional information that would help the banker evaluate the company loan is
explaining about the business income and how sales should do better since the company is
now only focusing on one line so therefore it will make a better profit and it is a ...
Word count: 424 | Approximate pages: 2
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