In my accounting class we are being asked the question below. I need some help with an answer and any help you can give me would be so appreciated! This question is directly from the professor so i MUST have a reference in the answer too as I have to support my answer. Thank you in advance!

A company seeking a line of credit at a bank was turned down. Among other things, the bank stated that the companys 2 to 1 current ratio was not adequate. Give reasons why a 2 to 1 current ratio might not be adequate. Support yourself.