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| Topic: |
Book Reports
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| Number of pages / Number of words: |
2 / 426 |
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This financial performance contributes a lot since it pertains to the present condition of a company.
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With regards to Insular Bank of the Philippines’ problem, significant information were take into account for the solution of the unsolved question.
The areas to be considered are the following:
- Mr. Dennis Berino, Loans Division head of the Insular Bank of the Philippines, looked over the credit evaluation report of APEX Industries, a local distillery company for recommendation to the Loans Review Committee...
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General points of the essay
The statement of financial performance is based on data relating to past transactions and events. Hence the statement of financial performance is of no use to an investor’s decision making process.
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