Below are some financial ratios of Honda for 2020 along with industry standard ratios 2020 Industr Profit margin 9.5% 10% Receivables turnover 11.6% 15.5X Inventory turnover 8.5X 8.3X Current ratio 1.8 1.7 Capital asset turnover 14X 8X Times interest earned 2.2x 4X Debt to total assets 63% 51% Return on assets 17% 10% Return on equity 21% 18% Use the above ratios to answer the following independent scenarios: a) Honda wants a 10-year loan, and they have approached you, a credit officer. What ratios do you factor in your analysis? #1. #2. #3. Would you grant them a 10 year loan? #4. WHY?