Business Administration 1220E Lecture Notes - Lecture 15: Financial Ratio, Accounts Payable, Accounts Receivable
19 Oct 2015
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Business 1220e- lecture 15- analysis of scf and financial ratios (more vino ltd. ) part. Include any conditions if a part of the decision. Highlight 3-5 major reasons for risks and mitigation. Christian and david stone are the founders of more vino ltd. and are also brothers. Arthur greenway must decide whether or not to approve a loan request for ,000 which will help finance the renovation of an outdoor patio area. Arthur greenway is also the silent partner of more vino which means he does not make management decisions but invested his own money into the company. Were a wholesaler but is switching into bars because that"s where most of the profit is generated. Went from in 2006 to ,592 and is finally into positive numbers. Net income is still in the negatives which is not good because net income is the best type of cash as you can do whatever you want with this money.
