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. 

Develop a minimum 700-word examination of the financial statements and include the following:

• Explain why you would want the financial statements to      be audited.
• Discuss the implications of the ratios provided for the      lending decision you are to make. That is, does the information paint a      favorable picture? Are these ratios relevant to the decision? State why or      why not.
• Evaluate trends in the performance of P. Jason      Corporation. Identify each performance measure as favorable or unfavorable      and explain the significance of each.
• List three other ratios you would want to calculate for      P. Jason Corporation, and in your own words explain in detail why you      would use each.
• 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?
• Based on your analysis of P. Jason Corporation, will      you recommend approval for the requested loan? Provide specific details to      support your decision.