Question
Abar's current ratio is 3.48 debt ratio is 1 time interest earned is 1.81 inventory turnover is 1.50 asset turnover is 1.6 average collection period
Abar's current ratio is 3.48 debt ratio is 1 time interest earned is 1.81 inventory turnover is 1.50 asset turnover is 1.6 average collection period is 50.5 and net profit margin is 30%. as a loan officer of a bank, would you give Abar the loan? why or why not? what corrective actions would you recommend to management to restore viability, indeed, profitability of the company?
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Answer As a loan officer of a bank the decision to grant a loan to Abar would depend on various factors beyond just the financial ratios provided Howe...
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Introduction To Business Analytics
Authors: Vernon Richardson, Marcia Watson
1st Edition
1265454345, 9781265454340
