Do you feel this is a sound financial move by janet

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Assignment:

Janet Flynn, Owner of Reel Company, plans to apply for a bank loan at Petro National Bank. Because the company has a lot of debts she does not plan to show the loan office the balance sheet. She plans only to bring the income statement. Do you feel this is a sound financial move by Janet? You make the call. Give your specific recommendations to Janet.

Reference no: EM133295889

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