Credit Evaluation School Dec 2022

Internal Use Only

Prospects

President Mickelson disagrees with the assigned classification. He stated the operation is gradually gaining in popularity among the younger clientele, and he believes the operation can return to profitability in the next three to five years. President Mickelson believes that Mr. Woods’ relatives are providing funds for working capital in the daily operation and will continue to do so for the foreseeable future.

Prospects

9

Internal Use Only

Questions?

10

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