1. Assume you are an agricultural loan officer for a bank, and a customer requests a loan based on the following balance sheet. Conduct a ratio analysis and give your reasons for granting or denying an additional loan. What is the weakest part of this customer's financial condition? Assets Current Assets Noncurrent Assets $40,000 $160,000 $40,000 $60,000 Liabilities Current Liabilities Noncurrent Liabilities Total Liabilities Owner Equity Total Liabilities plus Equity $100,000 $100,000 $200,000 Total Assets $200,000