The management of Netflix has approached your bank about a line of credit. Should you approve it?
The management of Netflix has approached your bank about a line of credit. They are shopping for the largest line of credit and the best rate possible. Analyze the accounting statements and provide a recommendation to your credit committee that includes if you think you should approve a line of credit. If so, state how much and a suggested interest rate. Explain your rationale and any assumptions you have made.