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Essay

Ricardo Refrigeration

Essay specific features

 

Issue:

Business

 

Written by:

Janice H

 

Date added:

December 9, 2013

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 699

 

Was viewed:

9990 times

 

Rating of current essay:

 
Essay content:

After carefully reviewing the enclosed information on Ricardo Refrigeration's Income Statement and Balance Sheet, I am not going to sanction the $1,000,000 loan as requested by Ricardo Refrigeration. Income Statement Analysis In reviewing the Income Statement, the cost of goods sold (COGS) has continued to rise from 1996 to 1997 as well as it is projected to rise in 1998...
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It is projected to be 3.64% above the Peer Common Size. Gross profits continue to be going down and are expected to be the same for the 1998 projection as they were in the previous year. The gross profit for Ricardo is more than 3% below the Peer Common Size. Selling and Administrative expenses are also continuing to rise but are relatively close to the Peer Common Size...
displayed 300 characters

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