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Springfield National Bank

Essay specific features

 

Issue:

Business

 

Written by:

Cletus D

 

Date added:

January 19, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 583

 

Was viewed:

7616 times

 

Rating of current essay:

 
Essay content:

The information you provided was extremely helpful in determining whether to approve your line of credit. Unfortunately, I'm afraid to inform you that your application was not approved. I hope the reasons listed below will help you understand the reasons for our conclusion. In analyzing Dawson's liquidity over the last few years, several red flags were raised...
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Although your working capital (current assets ? current liabilities) were on the plus side, your current ratio and you acid-test ratios were less than adequate, questioning Dawson's ability to meet its current financial obligations. 1. CURRENT RATIO In judging your bill paying ability, we conducted a trend analysis of your current ratio...
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