Would you make the loan to the company in accordance with, Financial Accounting

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Would you make the loan to the company in accordance with

Case: MASSACHUSETTS STOVE COMPANY-BANK LENDING DECISION.

Required:

Would you make the loan to the company in accordance with the stated terms? Explain. In responding, consider the reasonableness of the company's projections, positive and negative factors affecting the industry and the company, and the likely ability of the company to repay the loan. (Excel spreadsheet for this case is available at www.cengage.com/accounting/wahlen.)

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