Dr. Pelerson sits at his desk, wondering whether returning to his practice would be better than having to contemplate meeting with his banker this afternoon. It was a fantastic thing some 15 years ago when he stumbled on a simple but brilliant idea to make drawing blood easier from patients, and EZBlood inc was born. The device was quickly patented, and he has not looked back. The business had become more demanding than he expected. In the last few years, competitors have entered the market, posing challenges for Dr. Peterson. One such company gives him frustration BloodsRUs Ltd stood out; they were constantly undercutting prices and lacking quality. He had thought things were going well, but lately, he had been pouring himself over financial statements - how could he help his firm grow and make money. To remain competitive. Dr. Peterson needs to purchase new technology to allow his device to be created in a manner that keeps quality. Still, he would be able to produce more volume in comparison to his competitor. He believes that he could even drop his price to squeeze his competitor out. Dr. Peterson was also confused that EZBlood was growing and making money, but it never seemed to have enough cash." Today Dr. Peterson has an appointment scheduled with you. Dr. Peterson explains to you "I am confused that EZBlood was growing and making money, but it never seemed to have enough cash." Your bank policy requires a rule of thumb for company's liquidity to have a current ratio of 2.25: Here are the current ratio calculation for the last few years for EZBlood inc. As a banker you want to assist your client, do you foresee a problem? it so, how could EzBlood inc work to correcting the problem?(2 marks) As a banker you want to assist your client, do you foresee a problem? If so, how could Ezelood inc work to correcting the problem 2(2 marks) 3. The next question will involve analysing the information provided for the 5C 's.(14 marks) 4. Dr. Peterson has asked for a long term loan. Do you think you can approve? Yes No