Carla is a loan analyst at the bank. When Cameron applied for a loan, Carla looked at his balance sheet for _____ to evaluate a possible loan for his company's financing.
A) direct and indirect assets
B) tangible and intangible assets
C) assets founded upon past performance and those depending on future performance
D) industry-specific and firm-specific assets

Question

Quizplus · Accepted Answer

Carla used Cameron's balance sheet to evaluate his company's financing, which means she was looking at his assets. The options given suggest different ways of categorizing assets, such as by direct/indirect or past/future performance, but only option B is based on the distinction between tangible and intangible assets. This is a common and important categorization in financial analysis, as it can affect how assets are valued and how reliable they are as collateral for a loan.

Carla Is a Loan Analyst at the Bank