Oak and Maple both provide computer consulting services to their clients. The following are the current assets for each company at the end of the year. (All amounts are in millions of dollars.)

Required
As a loan officer for First National Bank of Verona Heights, assume that both companies have come to you asking for a $10 million, six-month loan. If you could lend money to only one of the two, which one would it be? Justify your answer by writing a brief memo to the president of the bank.

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Oak Maple Cash Six-month certificates of deposit Short-term investments in stock Accounts receivable Allowance for doubtful accounts $10 $5 15 23 Total current assets $33 $33