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Silverado Investments Limited
Essay specific features


Written by:
Rory G
Date added:
January 8, 2016
Level:
University
Grade:
A
No of pages / words:
6 / 1592
Was viewed:
3280 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...
displayed 300 characters
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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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