Finc 4331 - Study guides, Class notes & Summaries

Your manager has asked you to prepare an analysis for a borrowing request at Your Bank. Which of the following tasks are you most likely to complete first? - ANSWER Evaluate the company's business strategy You are calling for the first time on the owner of a successful local business that currently banks with another bank in your market. You are very interested in developing a banking relationship with the business and its owner. Which of the following goals will be most important to achi...

A bridge loan typically displays which of the following characteristics? - ANSWER Repayment of the sale of equipment or real estate for example with a term of one year or less The covenants of a loan agreement should serve which of the following purposes? - ANSWER They enable the bank to spot signs of deterioration and provide a means of communication with the borrower

GCC ,Inc. is a local firm that provides general contracting services to commercial real estate developers operating in your region. In assessing the sustainability of the company's revenues, which of the following questions would be least relevant to ask? - ANSWER How much did your sales grow last year?

FINC 4331 Final Exam (CEC Certification) Questions and 100% Correct Verified Answers

Which of the following events would create a cash inflow in a direct cash flow statement? - ANSWER Slower payment of trade creditors. A company with current-year sales of $4,500,000 and cost of goods sold of $3,248,000 reduced its inventory days from 119 days in the prior year to 115 days for the current year. Its receivable days slowed from 40 days to 43 days. What was the cash flow effect of these swing-factor efficiency changes? - ANSWER ($1,000)

Analysts refer to the Form W-2 to determine personal cash flows when the client is - ANSWER employee of a corporation The basis for reporting assets on personal financial statements is - ANSWER current fair market value

FINC 4331 Exam Questions and 100% Correct Verified Answers

What are the most important considerations when determining if a business's cash flow should be included in global cash flow? - ANSWER Borrower can document ownership and access to the business's cash flow, and the business is sufficiently liquid to support its withdrawal

FINC 4331 - Ch. 5 Test Questions and 100% Correct Verified Answers

FINC 4331 - Ch. 1 Test Questions and 100% Correct Verified Answers