You are a loan officer for white sands bank of taos paul


Question - You are a loan officer for White Sands Bank of Taos. Paul Jason, president of P. Jason Corporation, has just left your office. He is interested in an 8-year loan to expand the company's operations. The borrowed funds would be used to purchase new equipment. As evidence of the company's debt-worthiness, Jason provided you with the following facts: 2017 2016 Current Ratio 3.1 2.1 Asset Turnover 2.8 2.2 Net Income Up 32% Down 8% Earnings per Share $3.30 $2.50. Would you support to provide a loan to this client? Why?

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Accounting Basics: You are a loan officer for white sands bank of taos paul
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