LG$4$

P$3-16$ Debt analysis Springfield Bank is evaluating Creek Enterprises, which has requested a $$4,000,000$ loan, to assess the firm's financial leverage and financial risk. On the basis of the debt ratios for Creek, along with the industry average and Creek's recent financial statements $($following$),$ evaluate and recommend appropriate action on the loan request.

$\backslash$table$[[\backslash$table$[[$Creek Enterprises Income Statement$],[$for the Year Ended December $31,2022]]],[$Sales revenue,$$30,000,000$