You have told Neville that,
unless you can take a look at its financial statements,
you would not feel comfortable about such
an investment.
Believing that this is the chance of a lifetime,
Uncle Carlos has procured a copy of
Neville’s most recent,
unaudited financial statements which are a year old.
These statements were prepared by Mrs. Andy Neville.
You peruse these statements, and they are quite impressive.
The statement of financial position showed a debt-to-equity ratio of 0.10 and,
for the year shown, the company reported net income of €2,424,240.