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Requirement 4. Badger Ranch Company's top managers have asked you for a $500,000 loan to expand the business and propose to pay off the
Requirement 4. Badger Ranch Company's top managers have asked you for a $500,000 loan to expand the business and propose to pay off the loan over a 10-year period. Recalculate Badger Ranch Company's debt ratio assuming you make the loan. Use the company financial statements plus the ratio values to decide whether to grant the loan at an interest rate of 8% 10% or 12%. Badger Ranch Company's cash flow is strong. Give the reasoning underlying your decision. (Round ratio to two decimal places) Badger Ranch Company's debt ratio assuming the loan is made is
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