ANANDAM-MANUFACTURING-COMPANY - ANANDAM MANUFACTURING...

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ANANDAM MANUFACTURING COMPANY: CASE ANALYSIS OF FINANCIAL STATEMENTS Elizalde, Jay Paulo B. Reganion, Angel Marie C. Rojas, Jeanette G. Tiblani, Samir A.
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I. Case Summary In July 2015, the owner of Anandam Company approached a bank for additional funds to satisfy the growing demands of his garment production company. The owner was assured about the financial prospects of his company, with exceptional increase in profit and its fourfold increase in sales after taxes over the last three years. He considered his business was performing strongly in an extremely competitive business environment. The bank manager instructed the loan officer to make a decision and to process the loan application when possible. Discovering the health of the business would call for preparing a common size statement and a trend analysis, interpreting chosen ratios, and preparing a fundamental statement of cash flows. Was the Anandam Company an excellent candidate for receiving financing? II. Objectives of the Analysis The objective of the analysis is to evaluate the financial stability and credibility of Anandam Manufacturing Company. In line with the monetary evaluation, the review on the financial health of Anandam Manufacturing Company is a process aimed to formulate a number of recommendation in order to have a structured and well-regulated credit policy to keep track of extensions on credit dispatch and delayed delivery. In addition to the formulation of credit
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