Steve worked with Ray at ‘Protech’ as a foreman. His skills are in production and managing project/job flow. He has high level technical skills and can complete works to specification at a high standard. Steve and Ray have provided the last two years financial accounts for the trading business, as well as interim accounts for the current financial year. Ray’s brother provided business with a loan $500,000 when the business commenced and he is being repaid interest plus a principle repayment of $30,000 per annum. Applicant information Client Ray Murdoch Steve Brown Current address: Unit 43, 25 High St Northville, Your State and has lived there for six years 23 Desmond Lane Northville, Your State and has lived there with Kate for seven years. They own property jointly. Home phone: 9001 2121 9002 1212 Status Ray is divorced with no dependent age children Steve is married with no dependents Employment Self-employed business owner Self-employed business owner Income $100,000 per annum $100,000 Property value $750,000 $900,000 Cash at bank $12,500 $9,600 Contents $100,000 $85,000 Superannuation $250,000 Steve $350,000, Kate $60,000 Motor vehicle $40,000 $55,000 Home loan $250,000 repayments $2,068p.m., P & I, 18 years remaining $350,000 repayments $2,645 p.m., P & I, 22 years remaining Credit card $25,000 limit with debt of $15,000, monthly payment calculated @3% of limit $10,000 limit with debt of $3,000, monthly payment calc
Written Assignment Complex Lending and Broking (DIPMB2_AS_v3) Student identification (student to complete) Please complete the fields shaded grey. Student number Harry Written Assignment result (assessor to complete) Result — first submission Not yet demonstrated Parts that must be resubmitted Result — resubmission (if applicable) Not applicable Result summary (assessor to complete) First submission Resubmission (if […]