Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 1993-10-27
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Abstract
This is the simplified Chinese version of ''9A89B032''. A bank branch manager is evaluating an application from Fisher Electric Inc for a line of credit. The company has a recent record of growth and profitability, and in order to continue to grow it must obtain new financing. The company''s fortunes are tied to the cyclical swings in the construction industry. Students are provided the opportunity to evaluate the performance and competitive position of an expanding business and to estimate a firm''s borrowing needs and capacity to repay its loans. May be used to introduce students to pro forma financial statements.
About
Abstract
This is the simplified Chinese version of ''9A89B032''. A bank branch manager is evaluating an application from Fisher Electric Inc for a line of credit. The company has a recent record of growth and profitability, and in order to continue to grow it must obtain new financing. The company''s fortunes are tied to the cyclical swings in the construction industry. Students are provided the opportunity to evaluate the performance and competitive position of an expanding business and to estimate a firm''s borrowing needs and capacity to repay its loans. May be used to introduce students to pro forma financial statements.