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Acacia Limited and Mack medics Limited, two companies operating in the chemicals industry [Pharmaceuticals], have each approached CRDB Bank Plc. for a long-term secured loan.
Acacia Limited and Mack medics Limited, two companies operating in the chemicals industry [Pharmaceuticals], have each approached CRDB Bank Plc. for a long-term secured loan. You are a project financial advisor in the bank and your manager has provided you with the following information on the two companies: Required: You are required to write a report to your manager comparing the financial position of the two companies and highlighting any areas that require further investigation
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