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4. At the beginning of Year 4, Lee Delivery Company applied to your bank for a $50,000 short-term loan to expand the business. The vice-president
4. At the beginning of Year 4, Lee Delivery Company applied to your bank for a $50,000 short-term loan to expand the business. The vice-president of the bank asked you to review the information and make a recommendation on lending the funds based solely on the results of the current ratio. What recommendation would you make to the bank's vice-president about lending the money to Lee Delivery Company? Should extend loan Should not extend loan
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