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Mark X Company

EXECUTIVE SUMMARY Wells Fargo recently issued Mark X a deficiency report because of their deteriorating financial position. The loans issued by Wells Fargo require several ratios to be met each month but Mark X failed to meet the current, quick, and debt ratios. My objective is to convince Karen from Wells Fargo Bank that company’s present difficulties and downtrend are only temporary, and also that her bank’s loan is safe with Steve and the rest of Mark X Company. Wells Fargo would not want to lose a customer if they have the potential to pull out of their downward slide. If the problems are only temporary, then Mark X would be worth the wait. After examining Mark X’s income statement in 1990 and 1992, it showed that the compan

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