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Colony Carpets
Day, M. Henry Jr.; Cheek, G. David Case F-0350 / Published January 25, 1991 / 9 pages.
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Product Overview

A loan officer must respond to a request from the founder and owner of a retail carpet store for an additional $25,000 loan. Because of unprofitable operations, the company has experienced difficulties repaying a $50,000 loan extended two years earlier, and it currently owes $36,000.




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  • Overview

    A loan officer must respond to a request from the founder and owner of a retail carpet store for an additional $25,000 loan. Because of unprofitable operations, the company has experienced difficulties repaying a $50,000 loan extended two years earlier, and it currently owes $36,000.

  • Learning Objectives