case study 2078
Complete a case study 3 – 4 single spaced questions.Answer all of the questions in bold in your own words. I basically gave you the answers and multiple answers.
Answer all of these questions, I attached the case as well as multiple examples.Just make it in my own words as well. Include anything else you might think is important from the example
- How well is Jones electric performing?
- What drove the increase in Jones’s accounts receivable and inventory balances in 2005 & 2006?
- Is Nelson Jones’s estimate that a $350,000 line of credit is sufficient for 2007 accurate? Forecast Jones financing needs.
- When will Jones be able to repay the line of credit?
- What could Jones do to reduce the size of the line of credit he needs?