Payne Equipment LLC. Your Name: 1. Read the case narrative. Identify the amount and type of uses outlined in the case narrative and identify the requested

Payne Equipment LLC.

Your Name:

1. Read the case narrative. Identify the amount and type of uses outlined in the case narrative and identify the requested amounts and type of funding to supporting the uses (needs).

Uses

Sources

2. Identify the commitments that the insurance company is requiring as a condition for extending the credit.

3. Who would have the first lien on the purchased building? Given your response, would you be comfortable as the account officer in meeting the new request? Explain.

 

View Rubric

Payne Equipment Case

Payne Equipment Case

Criteria

Ratings

Pts

Identification of the Payne’s Sources and Uses of Funds

view longer description

6 pts

Full Marks

Students correctly identifies most of the sources and the uses of funds from the narrative.

4 pts

Partial Answer

Student response to questions but demonstrates difficulty distinguishing between the sources and uses of funds.

0 pts

No Marks

No response provided.

/ 6 pts

Insurance company requirements for making the loan.

view longer description

7 pts

Full Marks

A student identifies the support the insurance company requires from the bank to complete the transaction.

5 pts

Partial answer

A student identifies portions of the insurance requirement, but not all of the requirements.

0 pts

No Marks

No response provided.

/ 7 pts

Identification of first lien holder and recommendation

view longer description

7 pts

Full Marks

A student correctly identifies the party that has the first lien on the property and provided justification for the decision on granting or rejecting the loan request.

5 pts

Partial Answer

A student does not identify the first lien holder but provides explanation of whether he or she would grant or reject the loan request.

0 pts

No Marks

No response given.

/ 7 pts

Total Points: 0

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Need help please. Module 4 – Case MANAGING ORGANIZATIONAL CHANGE Assignment Overview

Need help please. Module 4 – Case MANAGING ORGANIZATIONAL CHANGE Assignment Overview Signature Assignment: Quantitative Reasoning, Introduced Level Students’ Quantitative Reasoning skills will be assessed three times during the Leadership program. They will be assessed in a Signature Assignment at the “introduced” Level of Quantitative Reasoning in MGT401. The second

 In your new role as comptroller of the hospital, your CFO has asked you to prepare a financial analysis by evaluating a medical supply company,

 In your new role as comptroller of the hospital, your CFO has asked you to prepare a financial analysis by evaluating a medical supply company, Hillside, Inc., that the hospital is considering purchasing. You will use its balance sheet and income statement to calculate several financial ratios. You’ll demonstrate your financial analysis skills and

 In your new role as comptroller of the hospital, your CFO has asked you to prepare a financial analysis by evaluating a medical supply company,

 In your new role as comptroller of the hospital, your CFO has asked you to prepare a financial analysis by evaluating a medical supply company, Hillside, Inc., that the hospital is considering purchasing. You will use its balance sheet and income statement to calculate several financial ratios. You’ll demonstrate your financial analysis skills and

Homework  JWI 515: Managerial Economics Academic Submissions and Evaluation © Strayer University. All Rights Reserved. This document contains

Homework  JWI 515: Managerial Economics Academic Submissions and Evaluation © Strayer University. All Rights Reserved. This document contains Strayer University confidential and proprietary information and may not be copied, further distributed, or otherwise disclosed, in whole or in part, without the expressed written permission of Strayer University. JWI 515 –