Loan Officer for White Sands Bank of Taos Scenario Ratio Analysis Paper Answer worksheet (APA format)ScenarioYou are a loan officer for White Sands Bank of

Loan Officer for White Sands Bank of Taos Scenario Ratio Analysis Paper Answer worksheet (APA format)ScenarioYou are a loan
officer for White Sands Bank of Taos. Paul Jason, president of P. Jason
Corporation, has just left your office. He is interested in an 8-year loan to
expand the company’s operations. The borrowed funds would be used to purchase new
equipment. As evidence of the company’s debt-worthiness, Jason provided you
with the following facts: Scenario:
You are a loan officer for White Sands Bank of Taos. Paul Jason, president of P. Jason Corporation, has
just left your office. He is interested in an 8-year loan to expand the company’s operations. The borrowed
funds would be used to purchase new equipment. As evidence of the company’s debt-worthiness, Jason
provided you with the following facts:
2017
2016
Current Ratio
3.1
2.1
Asset Turnover
2.8
2.2
Net Income
Up 32%
Down 8%
Earnings per Share
$3.30
$2.50
Jason is a very insistent (some would say pushy) man. When you told him you would need additional
information before making your decision, he acted offended and said, “What more could you possibly
want to know?” You responded you would, at minimum, need complete, audited financial statements.
As the loan officer, what else would you do to gain a better understanding of Paul Jason’s,
and the Corporation’s financial picture and why? (100 words minimum)
Based on your analysis of P. Jason Corporation, will you recommend approval for the
requested loan? Provide specific details to support your decision. (100 words minimum)
Conclusion (50 words)

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