Quiz - Week 1
- Due Nov 29, 2019 at 11:59pm
- Points 10
- Questions 10
- Available Oct 25, 2019 at 12am - Nov 29, 2019 at 11:59pm
- Time Limit None
Instructions
We will be looking our restaurant's 2018 federal tax returns to determine the credit worthiness of their loan request. To start, we need to analyze their filed returns. Filed returns are usually the best source documents because they are usually complied by an accountant, they are more accurate, and the details of revenues and expenses are easier to understand than internally prepared financial statements.
Objectives
Although we use formulas, credit analysis is more art than science. This quiz is to put what we have read and discussed into practice. How well have we learned to apply these concepts?
Directions
The quiz will be available on October 25th through November 22nd. It is not timed except for when the availability closes. You have one opportunity to complete the quiz.
The Canvas Student Guide provides instructions for taking a quiz.