Assignment #4: Small Business Financing [15% ] This assignment relates to the following Course Learning Requirements: CLR 1: Demonstrate the competencies required in the professional workplace. CLR 3: Complete authentic accounting related tasks similar to those one would experience in a typical business. CLR 4: Determine which government regulations apply to different businesses. CLR 5: Work effectively in teams to complete required tasks. Objective of this Assignment: In this assignment, students will demonstrate their abilities to complete small business financing requirements. Pre-Assignment Instructions: 1. To prepare you for this assignment, read the module 4 content, review all additional resources provided and complete the learning activity 4.1. Assignment Tasks: 1. For this assignment, you will read the following scenario and familiarize yourself with Pulsar Inc.'s finances. Once you have a good understanding of the financial undertakings, use the information provided in the scenario to answer the questions that follow below. Pulsar Inc. is a lumber manufacturer from Ontario, Canada. Pulsar's operations are very working capital intensive, as it has to maintain inventory as well as extend credit to its customers. Hence, Pulsar has set up a funding line of credit with the bank to manage its working capital needs. It has currently an approved limit of $200,000. The bank has informed Pulsar of the following restrictions/constraints on borrowing under this line: 60% of the receivables less than 90 days old 50% of finished goods inventory. Debt/Equity ratio no worse than 0.5:1 Here is the snapshot of Pulsar's latest financial information: