managerial accounting

there to search You are a loan officer for White Sands Bank of Taos Paul Jason president of P. Jason Corporation, hu just left your office He interested in an 8-year loan to expand the company's operations. The borrowed funds would be used to purchase new equipment As evidence of the company's debt-worthiness, Jason provided you with the following facts 2022 2021 Current ratio 31 21 Asset turnover 28 22 Net income Up 32 % Down 8 % Earnings per share $3.30 $2.50 Jason is a very insistent (some would say pushy) man. When you told him that you would need additional information before making your decision, he acted offended and said. "What more could you possibly want to know?" You responded that, at a minimum, you would need complete, audited financial statements. Answer the following Explain why you would want the financial statements to be audited 99 5% E B I EE 300 T, T V I O BI MMD 150 Cloudy