Points of the company financial picture
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1. Summarize the key points of the company’s financial picture that could impact the bank officer’s decision. Note: A variety of analyses that will provide a solid understanding of the highlights of the financial statements should be in
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Second, between 2013 and 2014, Next Gen, Inc. used $5 million in cash and $5 million in new long-term debt to purchase a building valued at $10 million – explain which line items in Next Gen’s balance sheet will be affected (and by how
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