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  3. two businesses tyler bicycle and ryan catering have sought business...

Question: two businesses tyler bicycle and ryan catering have sought business...

Question details

Two businesses, Tyler Bicycle and Ryan Catering, have sought business loans
from you. To decide whether to make the loans, you have requested their balance sheets.TYLERS BICYCLE CENTRE Balance Sheet December 31, 2016 Assets Cash Accounts receivable Inventory Store supplies Furniture and

RYANS CATERING Balance Sheet December 31, 2016 Liabilities Assets Cash Accounts receivable Office supplies Inventory Office

Required
1. Based solely on these balance sheets, which entity would you be more comfortable lend-
ing money to? Explain fully, citing specific items and amounts from the balance sheets.
2. In addition to the balance sheet data, what other financial statement information would
you require? Be specific.

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