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Teddy Toys Corporation specializes in producing children's toys. teddy toys corporation is seeking a loan of $5 million from Fidelity Bank. Teddy Tous corporation has
Teddy Toys Corporation specializes in producing children's toys. teddy toys corporation is seeking a loan of $5 million from Fidelity Bank. Teddy Tous corporation has a positive cash flow from operating activities. Teddy Tous Coporation has a number of days in inventory ratio of 85 says. Other firms in the toys industry have an average number of days in inventory ratio of 80 days. Recently, Teddy Toys Coporation has decided to increase its inventories. This is because they created new types of toys. They wanted to offer the customers a wider variety of toys. they expect this to increase their sales volume, and to improve their profatibility. Teddy Toys has a low debt-to-assets ratio compared to other firms in the tous industry. Teddy Toys corporation has an Altman's Z Score of 3.7. Is Fidelity bank likely to give Teddy Toys Coporation a loan of $5 million? explain your
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