13-4, 13-5 S13-4 Ethical Decision Making: A Mini-Case Capital Investments Corporation (CIC) requested a sizable loan from First Federal Bank to acquire a large piece of land for future expansion. CIC reported current assets of $1,900,000 (includ- ing $430,000 in cash) and current liabilities of $1.075.000. First Federal denied the loan request for a number of reasons, including the fact that the current ratio was below 2:1. When CIC was informed of the loan denial, the controller of the company immediately paid $420,000 that was owed to several trade creditors. The controller then asked First Federal to reconsider the loan appli- cation. Based on these abbreviated facts, would you recommend that First Federal approve the loan request? Why? Are the controller's actions ethical