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Instructions: Respond to the scenario below by using the P-M-I Chart.

Write your answer on the spaces


provided.

Scenario: Shark Loans received a request for a construction loan from Wendy Services Inc. This
construction loan will be used for the building of their fifth branch in Pasay. The company submitted
their statement of financial position and income statement. Help Shark Loans choose which financial
statement they would use as a basis on whether9 they will accept or reject Wendy Services Inc’s
request.
Plus Minus Plus Minus

The total annual Wendy Services, Inc. is Disclose the income and The income statement
revenue of the company the company's name. expenses of Wendy appears to be the same
may be found here. Shows the business Services Inc. The annual in terms of financial
Gains and profitability income of 651,990,000 financial statements of status, as they earned
have been in 200B and 514,745,000 Wendy's Services Inc service revenue of
demonstrated. in 200A, with the sum of reflect annual net 90,000,00 in 200B and
debt and owner's capital income, which indicates service revenue of
equal to assets. This if the company is 60,000,00 in 200A.
indicates that the profitable or not. Then, concentrate on
business has already their net sales, since
declared bankruptcy as they received
a result of the loan. 550,000,00 in 200B, but
just 250,000,00 in 200A.
This signifies that the
year 2020 is getting
closer and closer.

Interesting Interesting

They're still making money, but their service firm We'll look at Wendy Services Inc's financial
has no assets and no money to pay back if they ever statement to see how much money they'll make
get a loan. this year.

My Decisions
I've decided to use Wendy's services. Despite signs that the firm is in decline, with right management and
expertise, the business can be saved. I believe I will be able to handle it better.

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