Question Three (a) Discuss the major causes of business failure (b) Westlands Ltd. has applied for a loan at Kay Cee Bec Bank. The company provided the bank [6 marks] with the following abbreviated portion of the financial information: Total assets Earnings before Interest and Tax Networking capital Book value of equity Accumulated retained earnings Total liabilities Sh. 163,000,000 7,900,000 4,200,000 18,000,000 16,000,000 57,000,000 Required: Based on Edward Altman's Z-score, should the bank approve Westland's Ltd. loan application. Give reason(s). . [19 marks]