After 2 years of business, the Lucky Ladder Company decided to apply for a bank loan to finance a new store. Although the company had been very successful, it had never prepared a cash budget. The owner of Lucky Ladder Company used the information from the first 2 years of business to reconstruct cash forecasts, and he presented them with his financial statements as though they had been prepared as part of the company's planning. Do you think this behavior was ethical? What would you do in similar circumstances? Why?