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Janet Flynn, owner of Reel Company, plans to apply for a bank loan at Metro National Bank. Because the company has a lot of debt

Janet Flynn, owner of Reel Company, plans to apply for a bank loan at Metro National Bank. Because the company has a lot of debt on its balance sheet, Janet does not plan to show it to the loan officer. She plans only to bring the income statement for discussion. You make the call. Do you feel that this move is a sound financial move by Janet? Share your specific recommendations for Janet. and why.

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