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Need to fill in the blank. To: Rhonda, Owner of...

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Accounting

Need to fill in the blank.
image
To: Rhonda, Owner of Camp Dixie From: You will likely be ableot be able (put in appropriate choice here, removing red coaching) to borrow $37,000 to buy the bus under the bank's current terms. Your profits for a typical year is $xx,xxx here___ assuming you dedicate all the cash flow from the summer camp to the loan, without accounting for interest costs or changes in vendor pricing or staff salaries. While this is below the bank's 24-month repayment span, you might give the bank assurance by (put your ideas here' to secure the loan. I look forward to our meeting to review your questions and ideas

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