Question 5 Jingle Ltd. and Bell Ltd. belong to the same industry. A snapshot of some of their financial information is given below: Current ratio Acid-test ratio Debt-Equity ratio Times interest earned Jingle Ltd. Bell Ltd. 3.2:1 2:1 1.7:1 1.1:1 30% 40% 6 5 You are a loans officer and both companies have asked for an equal 2-year loan. i) If you could facilitate only one loan, which company would you refuse? Explain your reasoning briefly ii) If both companies could be facilitated, would you be willing to do so? Explain your argument brieffly. (1 + 1 = 2 marks)