Assume you are a loan officer for a bank and Frank Farmer requests a loan based on her balance sheet shown below. I would suggest working on another piece of paper and then transferring all of your work to this homework sheet. (15 points) SHOW ALL WORK for partial credit A. Conduct a ratio analysis (below) B. Assess each of the ratios financial condition (Poor/Fair/Good). C. What is the weakest part of this balance sheet? D. Will you grant or deny an additional loan? Give clear reasons as to how and why you made this decision. Assets Current assets Intermediate assets Fixed assets S240,000 $200,000 S800,000 Liabilities Current liabilities Intermediate liabilities Long-term liabilities Total liabilities Net worth S240,000 S 40,000 S160,000 S440,000 $800,000 Total assets $1.240,000 Total liabilities + net worth $1.240,000 Calculate the ratios and specify their respective financial condition (Poor/Fair/Good) 1) Current ratio: 2) Working capital: 3) Debt structure: 4) Debt to Asset ratio: 5) Equity to Asset ratio: 6) Debt to equity ratio: 7) What is the weakest part of the balance sheet? (Explain in detail) 8) Would you loan to this farmer (why or why not)? (Explain in detail)