Unit 1 Individual Project Lending Money

Solely on the basis of these relief sheets, to which entity would you be to a greater extent satisfactory lending m 1y? Explain fully, citing specific items oftentimes(prenominal) as the circularing equation and amounts from the difference sheets. In accession to balance sheet data, what other information would you require? Be specific. To fasten-go glance at the balance sheet one ability jump and give the loan to Melinda Garcia because of the large amount that she has for her full(a) assets. I took my time and reviewed each balance sheet. Although while at early glance it does seem that Garcia will get the loan, one must(prenominal) take the time and dissect the remaining balance sheet. Garcias account due is only a mere $6,000 compared to that of L.L. Sams who is salaried twice that much. Still that alone isnt enough to convince me to impressive Garcia the loan. I would lend the money to L.L. Sams Company. My reasonings for lending money to L.L. Sams is simple . While L.L. Sams accounts payable is twice the amount of Garcias I looked at the accounts receivable. Garcia is barely squealing by receiving only $7,000. That is just $1,000 much than she is paying out. non much room for error or to stretch. L.L. Sams has accounts receivable at $14,000 fashioning a difference of $2,000 between his accounts payable and receivable. non much more than Garcia, yet his resume liabilities are dramatically less than Melinda Garcias. L.L. Sams total capitol is phenomenally higher than Melinda Garcia. L. L. Sams capitol is $181,500 compared to Melinda Garcias $70,000. The total debt to balance method plant in L.L. Sams favor and I would elevated that follow the loan. ane thing I would require each company to turn in me with is verification of how long their business has been operating, If you want to get a full essay, order it on our website: OrderEssay.net
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