As loan analyst for Sheffield Bank, you have been presented the following information. Toulouse Co. Lautrec Co. Assets Cash $119,000 $306,000 Receivables 217,000 289,000 Inventories 576,000 495,000 Total current assets 912,000 1,090,000 Other assets 489,000 616,000 Total assets $1,401,000 $1,706,000 Liabilities and Stockholders Equity Current liabilities $311,000 $332,000 Long-term liabilities 406,000 489,000 Capital stock and retained earnings 684,000 885,000 Total liabilities and stockholders equity $1,401,000 $1,706,000 Annual sales $883,000 $1,529,000 Rate of gross profit on sales 30 % 40 % Each of these companies has requested a loan of $50,000 for 6 months with no collateral offered. Because your bank has reached its quota for loans of this type, only one of these requests is to be granted.