Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2004-04-14
Length: 11 pages
Data source: Field research
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Abstract
Timbercreek Investments Inc is a small investment company that specializes in the management and acquisition of income-producing real estate. For an upcoming directors meeting, the director of acquisitions must make a recommendation on the financial needs of the company for the fiscal year. With considerable growth over the past two years, the company would need additional funds to pay for the increase in operating expenses. He must analyse the company''s financial statement and decide whether the company should obtain a bank loan, ask the partners to contribute further equity or approach investors.
About
Abstract
Timbercreek Investments Inc is a small investment company that specializes in the management and acquisition of income-producing real estate. For an upcoming directors meeting, the director of acquisitions must make a recommendation on the financial needs of the company for the fiscal year. With considerable growth over the past two years, the company would need additional funds to pay for the increase in operating expenses. He must analyse the company''s financial statement and decide whether the company should obtain a bank loan, ask the partners to contribute further equity or approach investors.