Silverado Investments Limited

Essay specific features

 

Issue:

Business

 

Written by:

Rory G

 

Date added:

January 8, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1592

 

Was viewed:

3068 times

 

Rating of current essay:

 
Essay content:

The main objective is to have a non-volatile financial statement and to maximize profits about future earning prospect. Bank: They would like to see a reliable and audited financial statement in accordance to GAAP. This would allow them to compare and evaluate SIL to see if they claim for addition funding for their project is viable...
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To make sure that their mortgage claims are good and it is not violating the debt covenants. They will advance 85% payment of the cost. Securities Commission: They are the main users because SIL has to submit their audited financial statements for the securities commission to review. If there is misleading or incorrect information presented on their financial statements, SIL might have some covenant problems...
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