Credit Evaluation School, Sacramento, CA

DESCRIPTION OF COLLATERAL EXAMPLE - COLLATERAL DESCRIPTION • Collateral is listed as inventory and AR valued at $125M on the makers audited 12-31-x8 financial statement. Management indicated that the liquidation value would probably be $100M.

FINANCIAL EXHIBITS • Preparer - Internal, CPA (type), Other. • Term –Annual (Fiscal Year) – Interim • List major categories only –Note: Depreciation and Amortization should be footnoted on the operating statement