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financial statement of an individual member company seeking a loan rather than a group consolidated

R

Robert

Very Active Member
Discuss the merits from a bank perspective of using the financial statement of an individual member company seeking a loan rather than a group consolidated account when making lending account
Can i get a detailed explanation of this answer ?
 
Can you tell us which past paper you have taken it from and which part of the examiners solutions you are not happy with and we will try to help. thanks
 
Hi

Assuming you've got your copy of the mock solutions, can you narrow down which part is causing you difficulty please? As a general comment, I'd refer you to Section 1.6 of Chapter 13 which discusses this issue.

Best wishes
Lynn
 
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