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Briefly discuss and assess the credit rating process How does financial statement analysis fit into this process? Which one ratio would you analyze first as

Briefly discuss and assess the credit rating process
How does financial statement analysis fit into this process?
Which one ratio would you analyze first as you are doing a
Financial Statement Analysis of a publicly listed company as the
credit analyst for a lending bank.
(There is no right or wrong answer to the last question posted
above; select your preference and discuss.)

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