Providing Financial Information to Bankers
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TO: Ms Connie Rocha Aunt Connie's CookiesSUBJECT: Recognizing Future Income from Firm Orders RE: Your Request for Advice on Demonstrating Financial Strength to Bankers Your business, Aunt Connie's Cookies, is in a strong financial position considering the size of the business (dollar volume of sales), and your current balance sheet demonstrates the financial strength of the business. The balance sheet reflects an equity position that equals approximately 87 percent of the firm's total assets. Additionally, inventory and prepaid expenses account for approximately 23 percent of total assets. The company's cash position is exceptionally strong (approximately 39 percent of total assets).
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Approximate Word count = 496
Approximate Pages = 2 (250 words per page)
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