(Answered) Evaluate: applied for loans: Morris Co. and Walker Co.

Please see attached file for proper format.;John Marshall is employed as a bank loan officer for CityBank. He is comparing two companies that have applied for loans and he wants your help in evaluating those companies.;The two companies - Morris Company and Walker Company - are approximately the same size and had approximately the same cash balance at the beginning of 2009.;Because the total cash flows for the three-year period are virtually the same, John is inclined to evaluate the two companies as equal in terms of their desirability as loan candidates.;Abbreviated information (in thousands of dollars) from Morris Company and Walker Company is shown below;Morris Company Walker Company;Cash flows from: 2009 2010 2011 2009 2010 2011;Operating activities: $10 13 15 8 3 -2;Investing activities: $(5.00) $(8.00) $(10.00) $(7.00) $(5.00) $8.00;Financing activities: $8.00 $(3.00) $1.00 $12.00 $4.00 $-;Net from all activities: $13 $2.00 $6.00 $13.00 $2.00 $6.00;Instructions;1. Do you agree with John's preliminary assessment that the two companies are approximately equal in terms of their strength as loan candidates? Why or why not?;2. What might account for the fact that Walker Company's cash flow from financing activities is zero in 2011?;3. Generally, what would you advise John with regard to using statements of cash flows in evaluating loan candidates?;Attachments;Book1.xlsx
More Details:

Evaluate: applied for loans: Morris Co. and Walker Co.

 


Solution details:
STATUS
Answered
QUALITY
Approved
ANSWER RATING

This question was answered on: Dec 18, 2020

PRICE: $15

Solution~00031147633732.zip (25.37 KB)

Buy this answer for only: $15

This attachment is locked

We have a ready expert answer for this paper which you can use for in-depth understanding, research editing or paraphrasing. You can buy it or order for a fresh, original and plagiarism-free solution (Deadline assured. Flexible pricing. TurnItIn Report provided)

Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
SiteLock

About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Dec 18, 2020

EXPERT

Tutor

ANSWER RATING

GET INSTANT HELP

We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.

You can also use these solutions:

  • As a reference for in-depth understanding of the subject.
  • As a source of ideas / reasoning for your own research (if properly referenced)
  • For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student.

Order-Now