Posted: January 1st, 2016

prepare a report for the chief financial officer (CFO) to present to a bank vice president who may consider extending a long-term loan to Custom Snowboards, Inc.

In this task you will prepare a report for the chief financial officer (CFO) to present to a bank vice president who may consider extending a long-term loan to Custom Snowboards, Inc. The CFO has requested that you analyze the financial statements to arrive at a selection of key financial statement line items, a risk assessment and ratios that the banker may use to assess and, if the loan is granted, track the progress of the company’s ability to repay the loan.

You will prepare another report to present directly to the chief executive officer (CEO) of Custom Snowboards Inc. and the board of directors. The report will include a recent history of the company and a recommendation on how to proceed with the expansion plans.

Task:

Note: Be sure to enter your first initial and last name on the first worksheet in Custom Snowboards, Inc. Financial Data excel document.

Note: Be sure to submit a copy of the Excel workbook you downloaded from Taskstream when submitting your JET2 Task 5 work. There are several versions of the workbook and the evaluator will need a copy of your data to ensure correct evaluation.

A. Create a report for the chief financial officer in which you do the following:

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 included.